Governance versus Management

Corporate Governance
Knowledge Center


Jaap de Jonge
Editor, Netherlands

Governance versus Management

What is the key difference between management and (corporate) governance? Well, in essence:
- Management (M) involves the activities of directing a (part of a) business.
- Governance (G) involves setting the conditions within which others can manage effectively. G also refers to the oversight of the entire firm on behalf of the owners of the firm - the shareholders - and the other stakeholders.


Ricardo Zelaya Moreno
Consultant, Peru

Dirección de Empresas y Gobierno Corporativo

Business management is the practice of management science, based on knowledge and responsibility. In corporate governance, like in public governance, we need to design transparant policies that promote the common good, taking into account the satisfaction of the needs, or the best balance, between groups of stakeholders.
La dirección de empresas es la práctica de la ciencia de la administración, basada en el conocimiento y responsabilidad; en la gobernanza, como gestión pública tenemos que diseñar políticas públicas que promuevan el bien común, tomando en cuenta la satisfacción de las necesidades o el mejor equilibrio entre los grupos de interés.

Wilbert Tomlinson
HR Consultant, Jamaica

Management versus Corporate Governance

In slightly different words: - Management is the application of management functions and principles... Sign up

K.Narayana Moorthy
HR Consultant, India

Key Difference Between Management & (Corporate ) Governance

MANAGEMENT: Plans, builds, runs and monitors activities in alignment with the direction set by the g... Sign up


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Corporate Governance
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