governance
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governance
A technical term for the totality of structures and processes of control and leadership in organizations, companies, or states. It includes rules, procedures, and control mechanisms to ensure responsible management.
Eine gute Corporate Governance ist entscheidend für das Vertrauen der Investoren.
Good corporate governance is crucial for investors' trust.
'Governance' is a loanword from English and is used in German as a technical term. You mainly find it in texts about business (corporate governance), politics (public governance), or IT.
Das Seminar behandelt die Prinzipien guter Governance in Non-Profit-Organisationen.
The seminar covers the principles of good governance in non-profit organizations.
The word is often combined with adjectives such as 'gut' (good), 'schlecht' (bad), 'transparent' (transparent), or 'effizient' (efficient). Common compounds are 'Corporate Governance' (corporate management/governance) and 'Public Governance' (public-sector governance).
Transparente Governance ist ein wichtiger Faktor für das Vertrauen der Bürger.
Transparent governance is an important factor for citizens' trust.
In connection with 'Governance' (governance), verbs such as 'sicherstellen' (to ensure), 'verbessern' (to improve), 'einführen' (to introduce), or 'etablieren' (to establish) are often used to describe processes of control and management.
Das neue Gesetz soll eine bessere Governance im Finanzsektor sicherstellen.
The new law is intended to ensure better governance in the financial sector.
leadership / tour / lead
'die Führung' and 'die Governance' can both have to do with the leadership of an organization. 'die Führung' more often refers to the people who lead, or to the activity of leading and making decisions. 'die Governance' is a technical term and refers to the rules, structures, and controls according to which an organization is led. Learners may confuse them because both occur in companies, administrations, or institutions. In practical terms: 'Führung' is more about who leads and decides; 'Governance' is more about the rules and procedures according to which leadership happens.
Nach dem Skandal prüft der Vorstand die Governance des Unternehmens.
After the scandal, the board is reviewing the company's governance.
Die Führung der Firma entscheidet morgen über den neuen Standort.
The company's leadership will decide tomorrow on the new location.