What is institutional governance systems?

Institutional governance systems refer to the frameworks and processes that guide the decision-making, management, and oversight of organizations, particularly within public and private institutions. These systems encompass policies, structures, and practices that ensure accountability, transparency, and compliance with regulations. Effective governance systems facilitate stakeholder engagement and help institutions achieve their objectives while managing risks and resources responsibly. Ultimately, they play a crucial role in fostering trust and integrity within the institution.