Decision governance operationalizes agency theory by structuring decision rights, information standards, procedural safeguards, and monitoring routines.

Decision governance provides the operational layer through which firms manage the decisions emphasized by transaction cost theory.

Decision governance focuses on improving decision quality across all organizational forms and can operationalize corporate governance frameworks.

While there are various other possible qualify criteria to consider, the ones from OECD can be considered a baseline when the aim of establishing decision governance is to improve procedural decision quality.