But although they ultimately rely on state coffers, their managers increasingly respond to the marketplace.
Rather than "belonging" to companies, managers increasingly see themselves as mercenaries.
They are instead corporate executives and managers — increasingly (and less surprisingly) financial company executives and managers, including those who escaped with outrageous fortunes as their companies imploded during the housing bubble.
But advocates for the aged say housing managers increasingly are asserting in loco parentis, raising the question of who will decide when it is time for the elderly to move on.
Ironically, strict insider-dealing laws, meant to protect the interests of investors, have also made it more difficult for those investors to intervene with management: if, in doing so, they acquire inside information, they are no longer legally able to trade.As for the takeover threat, managers increasingly register their companies in the state of Delaware, which is notoriously manager-friendly.
Investment banks' conflict of interest helps explain why a recent survey of fund managers, by Tempest, a consultancy, found that many managers increasingly resort to their own, in-house research, despite its extra cost.Mr Myners's proposals would encourage this trend.
John M. Rector, senior vice president of the National Community Pharmacists Association, said, "Pharmacy benefit managers increasingly take payments from drug makers, with the result that patients are switched from a product that might be the best prescription drug for them to a more expensive brand-name product".
Entrepreneurs and managers, increasingly migratory and transportable, will be the economic drivers and persons of prominence in the coming years.
Managers increasingly face netsourcing decisions of whether and how to outsource selected software applications over the Internet.
To meet these challenges, application owners and IT operations managers increasingly demand rapid innovation, operational scale and administrative productivity.
