Government-owned and controlled corporation

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A Government-owned and controlled corporation (GOCC), sometimes with an "and/or", is a term in the Philippines used to describe government-owned corporations that conduct both commercial and non-commercial activity. Examples of the latter would be the Government Service Insurance System, a social security system for government employees. Many receive significant subsidies from the National Government, which in 2011 amounted to 21 billion Philippine pesos.[1]

List of Government-owned and controlled corporation[edit]

See also: Category:Government-owned and controlled corporations

Below is a partial list of GOCCs:[1][2]

See also[edit]

References[edit]

  1. ^ a b Cabuag, V.S. (8 March 2012). "Government subsidies to GOCCs grew by 155% in 2011". Business Mirror. Retrieved 5 July 2012. 
  2. ^ Cabuag, V. S. (1 July 2012). "Subsidies to GOCCs declined in May". Business Mirror. Retrieved 5 July 2012. 

External links[edit]