Board of governors

history

:For the 19th Century government bodies in Spain and South America, see Junta (Peninsular War) A board of governors is usually the governing board of a public entity or non-profit organizations. It is the public equivalent of the private board of directors.

Many public institutions, such as public universities, are government-owned corporations. The British Broadcasting Corporation was managed by a board of governors, though this role has now been taken by the BBC Trust. In other cases, government services are provided by "independent establishments," which provide an environment mixing a corporation and a government agency (see public-private partnership). These, such as the United States Postal Service, are governed by a board of governors. A more well known example is the Federal Reserve System, which is also partially governed by a board of governors.

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home | This article is licensed under the GNU Free Documentation License. See full license termsIt uses material from the Wikipedia article "Board_of_governors ". | compliance | March 21st 2010