A Critical analysis of some managerial problems of public corporation in Sri Lanka

Abstract

Ceylon L i m i t e d , U n i v e r s i t y of C e y l o n , C o - o p e r a t i v e Whole-sale E s t ablishment, Lady Lochore Loan Fund, Peoples Bank, Tea Research I n s t i t u t e , N a t i o n a l S c i e n c e C o u n c i l and Atomic Energy A u t h o r i t y . Hence i t should be p o i n t e d out that eventhough the names of these i n s t i t utions are not i d e n t i c a l they are c o r p o r a t e b o d i e s , s h a r i n g the same l e g a l and i n s t i t u t i o n a l c h a r a c t e r i s t i c s. I n t h i s d i s s e r t a t i o n I would be examining the concept of the p u b l i c c o r p o r a t i o n and i t s e v o l u t i o n i n S r i Lanka, s i n c e independence (19^8) to the present day w i t h a v e r y b r i e f r e f e r e n c e to the period p r i o r to Independence (Chapters I & I I ) . After an examine a t i o n of the e v o l u t i o n and expansion of the p u b l i c s e c t o r , the s c o n s t i t u t i n g s t a t u t e s of the p u b l i c c o r p o r a t i o n s would be dealt w i t h , w i t h a view to sort out a s o l u t i o n as to whether s p e c i al s t a t u t e s , a Master S t a t u t e , General S t a t u t e s or S e c t o r a l S t a t u t es should be p r e f e r r e d (Chapter I I I ) . Subsequently, the M i n i s t e r i al and P a r l i a m e n t a r y C o n t r o l of p u b l i c c o r p o r a t i o n s i n S r i Lanka woul d be d i s c u s s e d i n d e t a i l w i t h a view to e l i m i n a t e some of the p r o blems w i t h r e g a r d to t h e i r development p e r f o r m a n c e and p u b l i c accoun t a b i l i t y (Chapters IV and V ) . Governing Boards of c o r p o r a t i o n s and problems of p e r s o n n e l would be d i s c u s s e d w i t h s u g g e s t i o n s for the purpose of improving the e f f i c i e n c y and the economic v i a b i l i t y to enable them t o p l a y the r o l e that the government and the people woul d expect of them i n the economic development of the country (Chap t e r s VI and V I I ) . In the f i n a l chapter I would be g i v i n g ?«y conc l u s i o n s which emerged from the a n a l y s i s of the above managerial problems of p u b l i c c o r p o r a t i o n s i n S r i Lanka which I hope would serve as a b a s i s of government p o l i c y.