Governance Framework
/ˈɡʌvərnəns ˈfreɪmwɜrk/
Definitions
- (n.) A structured system of rules, practices, and processes used to direct and control an organization or entity.
The company's governance framework ensures accountability and transparency in decision-making.
- (n.) A formal set of principles and procedures established to oversee compliance with legal and regulatory requirements.
The governance framework mandates regular audits and risk assessments.
Forms
- governance framework
- governance frameworks
Related terms
See also
Commentary
The term often appears in corporate and organizational law, emphasizing frameworks that align business strategies with legal compliance and ethical standards.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.