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Many public services, such as universities or federal independent agencies are created as corporations owned by the government. The British Broadcasting Corporation is managed by a board of governors. In other cases, government services are provided by "independent establishments," which provide an environment mixing a corporation and a government agency. 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 governed by a board of governors. In the United States , public universities may have a similar government known as a board of regents. Some private corporations, typically nonprofit corporations, may style their governing boards as boards of governors. SEE ALSO |
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