ABSTRACT
Organizational governance is concerned with the exercise of power within organizations and provides the system by which the elements of organizations are controlled and directed. Governance is necessary for all groups – nation states, corporate entities, societies, associations and sport organizations – to function properly and effectively. An organizational governance system not only provides a framework within which the business of organizations are directed and controlled but also ‘helps to provide a degree of confi dence that is necessary for the proper functioning of a market economy’ (OECD 2004: 11). Governance deals with issues of policy and direction for the enhancement of organizational performance rather than day to day operational management decision-making.
