Board of governors

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For the 19th Century government bodies in Spain and South America, see Junta (Peninsular War)

A board of governors is the board of directors of a public entity or nonprofit organization.

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. The US Federal Reserve System is also partially governed by a board of governors.

Another is the Board of Governors of the International Atomic Energy Agency.

One sports league in North America that uses this term for its highest advisory body is the National Hockey League, one of the oldest (founded in 1917) professional sports leagues on the continent.

See also