What are government-owned and controlled corporations?

Government-owned and controlled corporations in the Philippines are state-owned enterprises that perform commercial or non-commercial activities. They can be structured as stock or non-stock corporations directly chartered by special laws or organized under the general corporation law. As of 2022, there are hundreds of these entities operating across different sectors like health, gaming, and postal services.

What we know

• A government-owned and controlled corporation in the Philippines is a state-owned enterprise conducting commercial or non-commercial activities. [1, 2]
• As of 2022, there are 219 government-owned and controlled corporations in the Philippines. [1, 2]
• The Governance Commission for GOCCs acts as the central advisory and oversight body over the public corporate sector under Republic Act No. 10149. [1, 2]
• Government-owned and controlled corporations can receive government subsidies while also paying dividends back to the national government. [1, 2]

Where to go next

• a case in pointHow does PhilHealth handle national health insurance?
• how it workedWhat is the role of the Governance Commission for GOCCs?
• the bigger pictureHow do state-owned enterprises operate globally?
• how we knowHow does PAGCOR generate government revenue through gaming?
• compared withWhat services does the Philippine Postal Corporation provide?
• an unexpected connectionHow does a casino regulator rank as a revenue source?The Philippine Amusement and Gaming Corporation functions as a gaming regulator and casino operator while simultaneously serving as the country's third largest contributor of government revenue.

Sources

• [1]government-owned and controlled corporation (Wikidata Q5589413) · CC0 1.0
• [2]Government-owned and controlled corporation · CC BY-SA 4.0
• [3]Philippine Amusement and Gaming Corporation · CC BY-SA 4.0
• [4]Philippine Postal Corporation · CC BY-SA 4.0
• [5]Philippine Health Insurance Corporation · CC BY-SA 4.0