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He who pays the piper calls the tune?
Author(s) -
Oliver Caroline
Publication year - 2001
Publication title -
board leadership
Language(s) - English
Resource type - Journals
eISSN - 1542-7862
pISSN - 1061-4249
DOI - 10.1002/bl.38620015702
Subject(s) - corporate governance , public administration , management , political science , sociology , economics
Funding may be vital to the operations of any organization, but that does not mean that the funders should determine an organization's ends. As Caroline Oliver, general editor of the Policy Governance Fieldbook and current chair of the International Policy Governance Association, points out here, the board is beholden to the ownership before any other stakeholders, funders included. That is why the only group that legitimately “calls the tune” is the ownership. Caroline Oliver can be contacted at (905) 337‐9412.