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A Crown entity (from the Commonwealth term Crown) is an organisation that forms part of New Zealand's state sector established under the Crown Entities Act 2004, [1] a unique umbrella governance and accountability statute. The Crown Entities Act is based on the corporate model where the governance of the organisation is split from the ...
In New Zealand, the Crown Entities Act 2004 is a statute which provides the framework for the establishment, governance, and operation of Crown entities; and to clarify accountability relationships between Crown entities, their board members, their responsible Ministers on behalf of the Crown, and the House of Representatives.
New Zealanders commonly refer to their state-owned enterprises as "SOEs", or as "crown entities". Local government councils and similar authorities also set up locally controlled enterprises, such as water-supply companies and " local-authority trading enterprises " (LATEs) as separate corporations or as business units of the councils concerned.
In 2004, as part of a wider reform of government entities, they were brought under the Crown Entities Act 2004 as a type of crown-entity company. [ 6 ] The New Zealand Government — via two Cabinet Ministers (the Minister of Research, Science and Technology and the Minister of Finance) — holds all shares in each CRI.
Former state-owned enterprises come in three forms – those removed from the Schedules of the Act and made Crown entities, those removed and not privatised, and those removed and privatised. Well-known SOEs that became Crown entity companies include broadcasting companies Television New Zealand (TVNZ) and Radio New Zealand (RNZ).
It was a corporate training on women’s conformity in the workplace that made Esi Eggleston Bracey realize the straightened bob she was sporting was its own kind of conformity — one that saw ...
The CROWN (Creating a Respectful and Open Workplace) Act was created in 2019 as a partnership between beauty brand Dove and the Crown Coalition to ensure protection against race-based hair ...
The CROWN Act and similar laws protect against race-based hair discrimination by making it illegal to deny employment and educational opportunities based on natural hair texture and protective ...