Government Owned Corporation

In the News

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  • Chicago To Detroit At 110 Mph - Chicago Sun-Times

    google.com 3 weeks, 2 days ago

    ABC7Chicago.com Chicago to Detroit at 110 mph Chicago Sun-Times NEWARK, NJ - FEBRUARY 08: An Amtrak train waits in Newark Penn Station on February 8, 2011 in Newark, New Jersey. Amtrak, a government-owned corporation, has joined up with New Jersey's two US senators to propose a new rail link to New York City under ... Mich., Ill., Ind. give $600000 for fast rail study Michigan, Illinois, Indiana give $200000 each for $4 million for fast Chicago ... IL, IN, and MI agree to high speed rail study

  • Amtrak Replaces Ticket Puncher With IPhone Scanner

    miamiherald.com 2 weeks, 1 day ago

    Amtrak’s railway system is getting a makeover, Apple style.

Photos

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  • Government owned Translink - via Daymix
  • was just so happy that the Federal Government was going to make it legal - via Daymix
  • from the collections of the Mitchell Library, State Library of New South - via Daymix
  • government transparency, - via Daymix
  • Here in New South Wales we're having a state election on Saturday. - via Daymix
  • that? There are hundreds of thousands of CC licensed cat photos on - via Daymix
  • Transport Corporation, - via Daymix
  • The downlights are a 3×3 grid - via Daymix

On Twitter

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    House destroyed by fire in Lower Merion

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    Doctors' day of action on pensions

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    Bryan Marsal on Lehman, Dodd-Frank, European Crisis

  • Big ballot changes for state primary

    Big ballot changes for state primary

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    Bridge construction worker makes daring escape

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    Bruton Says Irish `No' Vote Would Cause Contagion

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    Romney Clinches Presidential Nomination

  • Mitt Romney's App Gaffe

    Mitt Romney's App Gaffe

Additional Info

via Wikipedia
A government-owned corporation, state-owned company, state-owned entity, state enterprise, publicly owned corporation, government business enterprise, commercial government agency or parastatal is a legal entity created by a government to undertake commercial activities on behalf of an owner government. Their legal status varies from being a part of government into stock companies with a state as a regular stockholder. There is no standard definition of a government-owned corporation or state-owned enterprise, although the two terms can be used interchangeably. The defining characteristics are that they have a distinct legal form and they are established to operate in commercial affairs. While they may also have public policy objectives, GOCs should be differentiated from other forms of government agencies or state entities established to pursue purely non-financial objectives.
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