SS2 Second Term Government Lesson Note – Public Corporations II

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WEEK 2

TOPIC: PUBLIC CORPORATIONS:

CONTENTS: (3) Control and Problems of Public Corporations:

 (a) Reasons for control.

(b) Types of control: (i) parliamentary, (ii) financial, (iii) judicial, (iv) ministerial, etc.

Sub-Topic 1:  REASONS FOR CONTROL

The following are the reasons for controlling public corporation.

1. Efficiency in Administration: there is need to check the activities of public corporations in order to make it more efficient and result oriented.
2. For Quality Services: public corporations must be controlled so that they can provide more quality services to the members of the public.
3. To check abuse of power: control of public corporation is also necessary in order to check misuse of power due to the autonomous status of public corporations.
4. Mismanagement of Funds: it is equally necessary to check public corporations in order to check embezzlement.
5. To protect the interest of consumers: there is need to protect the interest of consumers who may not enjoy services provided by public corporations
6. Promotion of Economic Growth: in order to promote economic growth and reduce wastage of resources.
7. Accountability: control of public corporation will make officials of public corporations accountable for their actions.
8. Goals attainment: each public corporation is established by the government with certain objectives. To actualize the objectives there is need to control public corporation.

EVALUATION

1. Mention seven reasons for control of public corporation.
2. Explain three out of the points mentioned.

Sub-Topic 2: TYPES OF CONTROL

Public corporations are controlled through the following:

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