Corporate governance in central public sector enterprises - A case study of Bharat Heavy Electricals Limited (BHEL)
By: Oberoi, Roopinder.
Material type:
ArticlePublisher: 2012Description: p.49-88.Subject(s): Public sector - Case studies | Bharat Heavy Electricals Limited | Financial markets | Corporate governance | Public sector
In:
Indian Journal of Public AdministrationSummary: Autonomy of Public Sector Units (PSUs), functioning of the PSU boards, failure on the part of many listed PSUs (Navratnas and Miniratnas) to comply with Clause 49 of the SEBI Listing Agreement and the vast differences that exist between the governance standards prevalent in Central and state PSUs are some of the key issues that need to be tackled on a war footing. This article begins by discussing the typical corporate governance challenges faced by Public Enterprises (PEs) and then move to the case of BHEL a navratna company which has proved to be a competitive company following the rules of good corporate governance. - Reproduced.
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Articles
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Indian Institute of Public Administration | Volume no: 58, Issue no: 1 | Available | AR96792 |
Autonomy of Public Sector Units (PSUs), functioning of the PSU boards, failure on the part of many listed PSUs (Navratnas and Miniratnas) to comply with Clause 49 of the SEBI Listing Agreement and the vast differences that exist between the governance standards prevalent in Central and state PSUs are some of the key issues that need to be tackled on a war footing. This article begins by discussing the typical corporate governance challenges faced by Public Enterprises (PEs) and then move to the case of BHEL a navratna company which has proved to be a competitive company following the rules of good corporate governance. - Reproduced.
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