Tamil Nadu Board of Secondary EducationHSC Commerce Class 11th

Advantages and Disadvantages of Public Corporation

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  • Advantages
  1. Bold Management due to Operational Autonomy
  2. Legislative Control
  3. Qualified and Contented Staff
  4. Tailor-Made Statute
  5. Not Affected by Political Changes
  6. Lesser Likelihood of Exploitation
  7. Reasonable Pricing Policy
  • Disadvantages 
  1. Autonomy and Flexibility, Only in Theory
  2. Misuse of Monopolistic Power
  3. Rigid Constitution
  4. Low Managerial Efficiency
  5. Problem of Passing a Special Act
  6. Clash of Divergent Interests
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