Governance Definition By Different Authors

As governance theory is becoming the dominant political theory in response to.

Governance definition by different authors. As a result of this different people have come up with different definitions on corporate governance. In a time of great change accelerating globalization and increasing uncertainty all countries whether developed or developing are searching for a new form of governance that is better adapted to the times so as to gain an advantage in economic competitiveness and create substantial and sustainable social growth. Meaning of governancegovernance in generalthe word governance came from the latin verb gubernare or more originally from the greek word kubernaein which means to steer basing on its etymology governance refers to the manner of steering or governing or of directing and controlling a group of people or a state governance is essentially related to politics. It is hard to point on any one definition as the ultimate definition on corporate governance.

Governance comprises all of the processes of governing whether undertaken by the government of a state by a market or by a network over a social system family tribe formal or informal organization a territory or across territories and whether through the laws norms power or language of an organized society. It relates to the processes of interaction and decision making among. Because of the ambiguity of the concept of governance and the different perspectives that it can be used to ref er to it is hard to find an overarching definition grande 2012.