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In this issue: How Executive Limitations Policies Can Go Awry by John Carver He Who Pays the Piper Calls the Tune? by Caroline Oliver 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. When the CEO and Board Are Both ElectedJohn Carver is the author of 'Board Leadership, No. 57, 2001' with ISBN 9780787958244 and ISBN 0787958247.
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