Originally Posted by
TISS
you need to read what was written. I have said that the trading company should be run by those who have experience in business, whereas the public sector needs to be kept at arms length with any interaction as a shareholder only.
Perhaps if you were familiar with company law you'd understand how the directors of a company are the trustees of a company acting on behalf if its shareholders, for the shareholders, meeting the shareholders requirements. The problems start when you have politicians and civil servants, who have little or no experience of running a business, get involved.
leave the running of the business to its experienced managers, and allow the public sector to provide oversight as shareholders.
it doesn't happen though, politicians like to get involved and that is when things go awry.