Shared governance is an ideal form of Institutional governance providing all stakeholders with opportunity to participate, fostering acceptance of decisions and effectiveness of organization. This paper evaluates the current state of shared governance as the ideal form of Institutional Governance in public Universities, in line with the provisions of the individual University Statutes drawn from the University Act 2012. There have been continued complaints, claims of un-involvement and dissatisfaction evident in many riots and demonstrations that have characterized higher educational institutions, despite the Kenyan Government's concerted efforts to increase and ensure student participation in the Public Universities Governance. The purpose of the study therefore was to evaluate the state of university governance in public universities in Kenya. The study employed descriptive research design. The study was carried out in seven public universities in Kenya that had university charter by the year 2012. Stratified random sampling technique was used to sample 194 student leaders from 362 based on the offices within the student council. Quantitative data was collected using a survey research tool: questionnaire. The findings of the study on students' involvement in share governance revealed that universities exercise shared governance within the organizational structure with a mean rating of 2.85, access to information (3.18) and conflict resolution (3.48). However, traditional governance was practiced in influence on resources (2.30) being a subscale of shared governance. I make a case therefore for student involvement in shared governance as envisaged by the legislation. The paper concludes that structures of shared governance provides overall, opportunities for students participation and these exists in the organization to increase shared decision-making across all four subscales of shared governance. However, the University Management need to improve on the students official authority to influence resources specifically in order to realize shared governance as envisaged in The University Act 2012 and their individual University Statutes in order to full promote the benefits of shared governance.