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Revision as of 09:57, 11 June 2013 editJeromesandilanico (talk | contribs)3,634 editsm /* Partial list{{cite news|last=Cabuag|first=V. S.|title=Subsidies to GOCCs declined in May|url=http://businessmirror.com.ph/home/banking-a-finance/29312-subsidies-to-goccs-declined-in-may|accessdate=5 July 2012|newspaper=Business Mirror|date=1 July 20...← Previous edit Revision as of 10:10, 26 June 2013 edit undoZollerriia (talk | contribs)Extended confirmed users15,221 editsm only corrected 1 category. only 1 very little change.Next edit →
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{{Use dmy dates|date=January 2013}} {{Use dmy dates|date=January 2013}}
A '''Government owned and controlled corporation''' (GOCC), sometimes with an "and/or", is a term in the ] used to describe ] 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 ]s.<ref name=BusinessMirror>{{cite news|last=Cabuag|first=V.S.|title=Government subsidies to GOCCs grew by 155% in 2011|url=http://businessmirror.com.ph/home/top-news/24303-japan-hits-rp-for-auto-tariffs|accessdate=5 July 2012|newspaper=Business Mirror|date=8 March 2012}}</ref> A '''Government owned and controlled corporation''' (GOCC), sometimes with an "and/or", is a term in the ] used to describe ]s 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 ]s.<ref name=BusinessMirror>{{cite news |url=http://businessmirror.com.ph/home/top-news/24303-japan-hits-rp-for-auto-tariffs |title=Government subsidies to GOCCs grew by 155% in 2011 |last=Cabuag |first=V.S. |newspaper=Business Mirror |date=8 March 2012 |accessdate=5 July 2012}}</ref>


==Partial list<ref name=BusinessMirror></ref><ref name=BusinessMirror2>{{cite news|last=Cabuag|first=V. S.|title=Subsidies to GOCCs declined in May|url=http://businessmirror.com.ph/home/banking-a-finance/29312-subsidies-to-goccs-declined-in-may|accessdate=5 July 2012|newspaper=Business Mirror|date=1 July 2012}}</ref>== ==Partial list<ref name=BusinessMirror></ref><ref name=BusinessMirror2>{{cite news |url=http://businessmirror.com.ph/home/banking-a-finance/29312-subsidies-to-goccs-declined-in-may |title=Subsidies to GOCCs declined in May |last=Cabuag |first=V. S. |newspaper=Business Mirror |date=1 July 2012 |accessdate=5 July 2012}}</ref>==


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Revision as of 10:10, 26 June 2013

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.

Partial list

References

  1. ^ 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.

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