There is no one universal system of governance. Instead, governance principles are supported by laws and regulations and are used by organisations to define how the board and management should operate. What is governance A career in governance Governance in action Routes into governance Get involved Supporting governance professionals Understanding governance Governance is a system that provides a framework for managing organisations. It identifies who can make decisions, who has the authority to act on behalf of the organisation and who is accountable for how an organisation and its people behave and perform.Governance enables the management team and the board to run organisations legally, ethically, sustainably, and successfully, for the benefit of stakeholders, including shareholders, staff, clients and customers, and for the good of wider society. Good governance Good governance is one way organisations in all sectors achieve their purpose. It is equally essential whether that purp...
