TABLE 1.

Philanthropic and Corporate Models of Hospital Governing Boards

Philanthropic Model	Corporate Model
Large board size	Small board size
Wide range of perspectives and backgrounds	Narrow, more focused perspectives/backgrounds
Small number of inside directors	Large number of inside directors
Little management participation on board	Active management participation on board
No formal management accountability to board	Direct management accountability to board
No limit to consecutive terms for board members	Limit to consecutive terms for board members
No compensation for board service	Compensation provided for board service
Emphasis on asset preservation	Emphasis on strategic activity

Source: J.A. Alexander, L.L. Morlock, and B.D. Gifford, The Effects of Corporate Restructuring on Hospital Policymaking, Health Services Research 23 (2)(1988):311.