Governing body in the context of "Relational contract"

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⭐ Core Definition: Governing body

A governing body is a group of people that has the authority to exercise governance over an organization or political entity. The most formal is a government, a body whose sole responsibility and authority is to make binding decisions in a taken geopolitical system (such as a state) by establishing laws. Other types of governing include an organization (such as a corporation recognized as a legal entity by a government), a socio-political group (chiefdom, tribe, family, religious denomination, etc.), or another, informal group of people.

In business and outsourcing relationships, governance frameworks are built into relational contracts that foster long-term collaboration and innovation. A board of governors is often the governing body of a public institution, while a board of directors typically serves as the governing body of a corporation or other company larger or more complex than a partnership. Many professional sports have a sports governing body that serves as their regulating authority.

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Governing body in the context of Executive board

A board of directors is a governing body that supervises the activities of a business, a nonprofit organization, or a government agency.

The powers, duties, and responsibilities of a board of directors are determined by government regulations (including the jurisdiction's corporate law) and the organization's own constitution and by-laws. These authorities may specify the number of members of the board, how they are to be chosen, and how often they are to meet.

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Governing body in the context of Vice Chancellor

A chancellor is a leader of a college or university, usually either the executive or ceremonial head of the university or of a university campus within a university system.

In most Commonwealth and former Commonwealth nations, the chancellor is usually a ceremonial non-resident head of the university. In such institutions, the chief executive of a university is the vice-chancellor, who may carry an additional title such as "president" (e.g., "president and vice-chancellor"). The chancellor may serve as chairperson of the governing body; if not, this duty is often held by a chairperson who may be known as a pro-chancellor.

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Governing body in the context of Regierungsbezirk

A Regierungsbezirk (German pronunciation: [ʁeˈɡiːʁʊŋsbəˌtsɪʁk] , literally 'governmental district') is a type of administrative division in Germany. Currently, four of sixteen Länder (states of Germany) are split into Regierungsbezirke. Beneath these are rural and urban districts.

Regierungsbezirke (plural, pronounced [ʁeˈɡiːʁʊŋsbəˌtsɪʁkə] ) serve as regional mid-level local government units in four of Germany's sixteen states: Baden-Württemberg, Bavaria, Hesse and North Rhine-Westphalia. Each of the nineteen Regierungsbezirke features a non-legislative governing body called a Regierungspräsidium (governing presidium) or Bezirksregierung (district government) headed by a Regierungspräsident (governing president), concerned mostly with administrative decisions on a local level for districts within its jurisdiction. Saxony has Direktionsbezirke (directorate districts) with more responsibilities shifted from the state parliament.

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Governing body in the context of Majoritarian representation

A winner-take-all or (winner-takes-all) system is a type of voting system where representation in a governing body or electoral district is only awarded to the candidate or party that receives the most votes. Although such systems are sometimes called "Majoritarian representation" systems, winners do not always have the support of an absolute majority, as it is possible for a plurality (most votes, but less than an absolute majority) to select winners. Winner-take-all systems are contrasted with proportional representation systems, wherein control of the body or district is divided proportionally to the number of votes.

Winner-take-all systems are criticized by economists, political scientists, and citizen activist groups for allowing potentially disproportionate and undemocratic results, as small pluralities can obtain complete power over a governing body, leaving the majority of voters unrepresented. Furthermore, political scientist Maurice Duverger argued that winner-take-all systems lead to two-party systems, a theory termed Duverger's Law.

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