Whose Money Is It Anyway? (A)
Posted: 14 Feb 2012
Date Written: June 25, 2010
The Brigham and Women's Physician's Organization (BWPO) and its corporate parent disagree over who has jurisdiction over significant legacy funds. Are they controlled by the BWPO or do they belong to BWPO's corporate parent? The BWPO and its corporate parent must negotiate who has control of the funds which impacts how the funds may be used.
Learning Objective: To teach organizational boundaries, implicit promises, and governance.
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