During the twentieth century a movement may be seen toward the delegation of control in college and university governance by governing boards to faculties. By the 1960's, joint effort or shared authority had been achieved on a limited number of campuses, and sought increasingly on others. However, several concomitant developments occurred. The growing recognition of the professoriate's role in governance made necessary an increase in the power of presidents and a broadening of their administrative staffs. In addition, the literature reflects the situations of only a limited number of institutions, especially those that have moved toward shared authority. Finally, collective bargaining has created a new basis for internal relationships, changing perspectives on shared authority. In this decade, relationships between governing boards and the professoriate have reached a juncture with two avenues ahead: one of the traditional commitment to shared authority and the other of unionism and collective bargaining. The academic profession will probably proceed along both routes for the foreseeable future, though they have different implications for the role of governing boards. (Author/MSE)