Reviews 58 government corpations (GC) presently in operation; their reported adherence to 15 federal statutes which cover a diverse range of legislative requirements; and proposals to create additional GCs. Corps. include: gov't. department agencies, gov't. corps. (owned and controlled by the public sector) and gov't. sponsored enterprise and private corp., (owned and controlled by the private sector.). Examples: Export-Import Bank, Fed. Housing Admin., Amtrak, OPIC, RTC, TVA, FDIC, Legal Serv. Corp., Corp. for Public Broad., Postal Service. 85 charts and tables.

Many governments across the world have responded to the need for greater efficiency in the delivery of government services by the reorganization of these bureaucracies along the lines of for-profit business corporations. In doing so, governments have relied on the capacity for governance practices to overcome the weaker incentives created by the attenuated 'property rights' that are created in public enterprise.