Governance framework

Governance frameworks are the structure of a government and reflect the interrelated relationships, factors, and other influences upon the institution.[1] Governance structure is often used interchangeably with governance framework as they both refer to the structure of the governance of the organization.[2] Governance frameworks structure and delineate power and the governing or management roles in an organization.[1] They also set rules, procedures, and other informational guidelines.[3] In addition, governance frameworks define, guide, and provide for enforcement of these processes.[3] These frameworks are shaped by the goals, strategic mandates, financial incentives, and established power structures and processes of the organization.[4]

Governance frameworks establish and perpetuate the efficiency or lack of efficiency in an organization or institution's ability to meet its goals, and even their public relations and perception.[4] The organization of the governance framework is important for the success of the organization meeting its goals. Sociologist John Child states that these are connected and, in a circular manner, belief that changes in governance frameworks will succeed positively impacts the chance that the framework will result in the desired changes.[5] Additionally, Williamson suggests that the organization of a governance framework results in economic consequences for that organization.[2]

Frequently, the term good governance framework references a preferred style of governance that the author believes to be better suited to that industry or organization, especially in relation to public relations, and organizational and financial transparency.[1][4]

  1. ^ a b c "Governance Framework - Governance - SCU". scu.edu.au. Retrieved 2017-05-04.
  2. ^ a b Williamson, Oliver E. (1984-01-01). "The Economics of Governance: Framework and Implications". Zeitschrift für die Gesamte Staatswissenschaft / Journal of Institutional and Theoretical Economics. 140 (1): 195–223. JSTOR 40750687.
  3. ^ a b "Governance framework - GOV.UK". www.gov.uk. Retrieved 2017-06-02.
  4. ^ a b c "Writing good governance frameworks: A how-to guide - Knowledge - Clayton Utz". www.claytonutz.com. Retrieved 2017-06-02.
  5. ^ Cite error: The named reference :3 was invoked but never defined (see the help page).