governance

/'gʌvənəns/
Noun
  1. the act of governing; exercising authority
    • regulations for the governing of state prisons
    • he had considerable experience of government
  2. the persons (or committees or departments etc.) who make up a body for the purpose of administering something
    • he claims that the present administration is corrupt
    • the governance of an association is responsible to its members
    • he quickly became recognized as a member of the establishment

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governance
The committee meets to discuss the governance of the local community.