Executive president
Encyclopedia
An executive president is a president
President
A president is a leader of an organization, company, trade union, university, or country.Etymologically, a president is one who presides, who sits in leadership...

 who exercises active executive
Executive (government)
Executive branch of Government is the part of government that has sole authority and responsibility for the daily administration of the state bureaucracy. The division of power into separate branches of government is central to the idea of the separation of powers.In many countries, the term...

 power in a certain systems of government. Executive presidents are active in day-to-day governance of a nation, and are usually popularly elected.

They contrast with figurehead
Figurehead
A figurehead is a carved wooden decoration found at the prow of ships largely made between the 16th and 19th century.-History:Although earlier ships had often had some form of bow ornamentation A figurehead is a carved wooden decoration found at the prow of ships largely made between the 16th and...

 presidents, common in most Parliamentary republic
Parliamentary republic
A parliamentary republic or parliamentary constitutional republic is a type of republic which operates under a parliamentary system of government - meaning a system with no clear-cut separation of powers between the executive and legislative branches. There are a number of variations of...

s, in which the president serves symbolic, nonpolitical roles (and often is appointed to office by parliament) while the prime minister
Prime minister
A prime minister is the most senior minister of cabinet in the executive branch of government in a parliamentary system. In many systems, the prime minister selects and may dismiss other members of the cabinet, and allocates posts to members within the government. In most systems, the prime...

 holds all relevant executive power. A small number of nations, most notably South Africa
South Africa
The Republic of South Africa is a country in southern Africa. Located at the southern tip of Africa, it is divided into nine provinces, with of coastline on the Atlantic and Indian oceans...

 and Sri Lanka
Sri Lanka
Sri Lanka, officially the Democratic Socialist Republic of Sri Lanka is a country off the southern coast of the Indian subcontinent. Known until 1972 as Ceylon , Sri Lanka is an island surrounded by the Indian Ocean, the Gulf of Mannar and the Palk Strait, and lies in the vicinity of India and the...

 have both an executive presidency and a system of governance that is broadly parliamentary in character. In these states, the offices of president and prime minister (as both head of state and head of government respectively) might be said to be combined.

The above examples notwithstanding, executive presidencies are found in presidential system
Presidential system
A presidential system is a system of government where an executive branch exists and presides separately from the legislature, to which it is not responsible and which cannot, in normal circumstances, dismiss it....

s and semi-presidential system
Semi-presidential system
The semi-presidential system is a system of government in which a president and a prime minister are both active participants in the day-to-day administration of the state...

s.

The usual checks and balances on an executive president are through the judicial system, through statutory authorizations and/or prohibitions, and by some legislative body or bodies (Congress, Parliament, Senate). Rarely, an executive president has some powers that are unchecked, which can lead to abuses.

In the corporate environment the “Executive President” is the officer that exercises the majority of control over a company. It is his/her job to lead the company and guide it into a direction of profit and success. They work often with the COO and CFO of the cooperation to govern the company as a whole. At some companies this title is also referred to as CEO, Chief Executive Officer. If a said company has a Board of Directors the Executive President/CEO will often serve as Chairman of the Board.

See also

  • Presidential system
    Presidential system
    A presidential system is a system of government where an executive branch exists and presides separately from the legislature, to which it is not responsible and which cannot, in normal circumstances, dismiss it....

  • Semi-presidential system
    Semi-presidential system
    The semi-presidential system is a system of government in which a president and a prime minister are both active participants in the day-to-day administration of the state...

  • Parliamentary republic
    Parliamentary republic
    A parliamentary republic or parliamentary constitutional republic is a type of republic which operates under a parliamentary system of government - meaning a system with no clear-cut separation of powers between the executive and legislative branches. There are a number of variations of...

    s
  • Corporate governance
    Corporate governance
    Corporate governance is a number of processes, customs, policies, laws, and institutions which have impact on the way a company is controlled...

The source of this article is wikipedia, the free encyclopedia.  The text of this article is licensed under the GFDL.
 
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