governance

gov|ern|ance /g'ʌvərnəns/
1 [N-UNCOUNT]
The governance of a country is the way in which it is governed. (FORMAL)
They believe that a fundamental change in the governance of Britain is the key to all other necessary changes.
2 [N-UNCOUNT]
The governance of a company or organization is the way in which it is managed. (FORMAL)
...a dramatic move away from the traditional view of governance in American education.

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