Meaning of the word governance in English

What does governance mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

governance

US /ˈɡʌv.ɚ.nəns/
UK /ˈɡʌv.ɚ.nəns/
"governance" picture

Noun

1.

the action or manner of governing a state, organization, etc.

Example:
Good governance is essential for economic stability.
The company implemented new policies for corporate governance.
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