After 1974, car and truck manufacturers transitioned to a molded pressboard style headliner. These automotive headliners have a rigid cardboard backing and are covered with foam backed cloth, which is glued to the headliner board.
1 In the United States, municipality is usually understood as a city, town, village, or other local government unit, formed by municipal charter from the state as a municipal corporation.
What is 'Corporate Governance'. Corporate governance is the system of rules, practices and processes by which a company is directed and controlled. Corporate governance essentially involves balancing the interests of a company's many stakeholders, such as shareholders, management, customers, suppliers, financiers, government and the community.