Conversely, you have "full ownership" and have the ability to decide the direction, as long as it's the same direction as your higher-ups have decided.

All the responsibility is still yours though.

All the talk about higher-ups taking the big paychecks for "carrying so much responsibility" is in most cases just complete horseradish. When something goes wrong or doesn't run well, suddenly none of the higher-ups are taking the responsibility. Hmmmm it's strange, innit?

They carry the responsibility of collecting the paycheck. Stop complaining, there’s another night incident – no sleep for you today.

Yeah that's the rub. You have the responsibility for the thing you "own" but not true choice or control. Responsibility without authority. It sucks.