management vs governance

management and governance both are nouns.

Word	Noun	Adjective	Verb	Adverb
management	Yes	No	No	No
governance	Yes	No	No	No

As nouns, governance is a hypernym of management; that is, governance is a word with a broader meaning than management:

management: those in charge of running a business
governance: the persons (or committees or departments etc.) who make up a body for the purpose of administering something

Other hypernyms of management include administration, brass, establishment, governing body, organisation, organization.

management (noun)	governance (noun)
the act of managing something	the act of governing; exercising authority
those in charge of running a business	the persons (or committees or departments etc.) who make up a body for the purpose of administering something