Governance. A Critique of the Definitions Underlying the Construct

The paper explores the evolution of governance terminology in the 21st century, highlighting the shift from traditional statesmanship to a broader application that includes non-profit and private sectors. It discusses how phrases like "good governance" have become central to contemporary global development agendas, reflecting a significant change in how governance is perceived and implemented beyond government action. The analysis is grounded in the context of business management and corporate governance, emphasizing the relevance of evidence-based management practices.