The broadcaster is said to be looking at ways of modernising the role of the governors ahead of publication of the communications bill in April.
It comes as the BBC faces increasing pressure from the commercial sector and MPs for it to be brought under the same scrutiny of that which regulates commercial broadcasters when the communications bill is finalised.
The details of changes were recorded in the minutes of the governors' latest meeting at the end of last month. The minutes are reported to have contained changes in the corporation's regulatory and accountability arrangements, in an attempt to ensure the BBC is regulated to "suit the establishment of an overarching regulator for the communications industry -- Ofcom".
Davies is expected to unveil the proposals later this month, either at a BBC governors' visit to Manchester or when he speaks at a Westminster Media Forum conference on March 12.
Davies pledged, when he was appointed to the position of chairman of the BBC last year, that he was committed to defending the role of the BBC's board of governors.
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