Definition and role of government-owned corporations

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PRESIDENTIAL DECREE NO. 2029: Definition and role of government-owned corporations

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Title Source: Supreme Court: Definition and role of government-owned corporations

Law: Presidential Decree No. 2029

Decision Date: Feb 4, 1986

Presidential Decree No. 2029 defines the role and classification of Government-Owned or Controlled Corporations (GOCCs) in the Philippines, granting them operational flexibility while ensuring public accountability and addressing the treatment of government corporations with private equity.

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