CROWN CORPORATIONS

The Crown corporation is established and regulated by a country's state or government. This type of company is meant to serve the public interest as determined by the current government. The Canadian Crown corporations, are technically owned by the monarch, as the institution's sole shareholder because the Crown owns all the property of state. Most Crown corporations operate with direct government control only being exerted over the corporation's budget and the appointment of its chairperson and directors.


Editor: Giovanni AVERSA