Scribd Logo
Upload

Welcome to Scribd!

  • A Parastatals Is A Government Organisation

    Uploaded by

    Agustino Batista
    13 views1 page
    This document discusses the differences between parastatals and public corporations. Parastatals are fully government-owned organizations that are directed by the government, while public corporations are owned by shareholders but can be set up to provide services to the government. In New Zealand, some public corporations are government-owned but have boards elected by public votes, such as hospital and water supplier boards, though some boards have government appointments as well. The distinction between the two types of organizations is said to be narrow.

    Original Description:

    Original Title

    A Parastatals is a Government Organisation

    Copyright

    © © All Rights Reserved

    Available Formats

    DOCX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    This document discusses the differences between parastatals and public corporations. Parastatals are fully government-owned organizations that are directed by the government, while public corporations are owned by shareholders but can be set up to provide services to the government. In New Zealand, some public corporations are government-owned but have boards elected by public votes, such as hospital and water supplier boards, though some boards have government appointments as well. The distinction between the two types of organizations is said to be narrow.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
    13 views1 page

    A Parastatals Is A Government Organisation

    Uploaded by

    Agustino Batista
    This document discusses the differences between parastatals and public corporations. Parastatals are fully government-owned organizations that are directed by the government, while public corporations are owned by shareholders but can be set up to provide services to the government. In New Zealand, some public corporations are government-owned but have boards elected by public votes, such as hospital and water supplier boards, though some boards have government appointments as well. The distinction between the two types of organizations is said to be narrow.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
    of 1

     A parastatals is a government organisation. They do as told by the government.

    A public corporation is owned by the members of the public, via the shareholding. Some
    public corpaorations are set up to perform functions for the government,such as the Water
    suppliers, but have members of the public on the boards.
    Here in New Zealand, we have public corporations, owned by the government, but the
    board are elected by the vote every three years. i.e Hospital boards, water suppliers.
    However in some public corporations there are government appointments to the boards.
    In my view the distintion is very fine.
    o 1 day ago
    o Report Abuse

    You might also like