governance

 
Pronunciation: /ˈgʌv(ə)nəns/

noun

[mass noun]
  • the action or manner of governing a state, organization, etc.: a more responsive system of governance will be required
  • archaic rule; control: what, shall King Henry be a pupil still, under the surly Gloucester’s governance?

Origin:

Middle English: from Old French, from governer (see govern)