The term "governance" refers to the process and structure by which and through which decisions about current and projected activities on the campus are reached. The critical issues in governance in the mid-1970s are singled out and recent literature concerning them is presented. Those critical issues are: (1) the role of students in governance; (2) the creation of structures that allow the exercise of power and authority within the university; (3) the role of the faculty in governance, particularly as this is conditioned by the development of collective bargaining and questions of tenure; (4) the developing of state-wide coordination systems; and (5) the role of the president in the contemporary college or university. (Author/JMF)