Explain any five ways in which nationalised industries differ from public limited companies.   

Explain any five ways in which nationalised industries differ from public limited companies. 
 

Explanation
Differences between Nationalized Industries and Public limited Companies are
  Public limited companies Nationalized companies
Ownership shareholders Government
Objective To maximise profit To provide essential services for the people
Control Controlled by board of directors Control by board of directors appointed by the minister
Capital Through selling of shares nd debentures Provided by the government
formation Through in corporation at corporate affairs commission Acts of parliament
Privacy Account must be published to the public Accounts are not usually published. Not mandatory
Annual general meeting It is compulsory It is not compulsory

 

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