Sean,
Ask yourself this question.
How is an owner's position, regarding the functioning of the Green Committee, different, if he's the GC, or if another member, who possesses the three assets I listed, is the GC ?
Don't they have the same goals ?
A difference I see might be tied to the overall profitability of the club.
Whereas, in an equity based club, profibility is almost never a consideration.
And, with an owner, continuity is more stable, versus revolving GC's.