Saturday, August 06, 2005

‘Corporate governance must for PSEs’


Corporate governance and growth of any corporate entity are complementary, Mr Santosh Mohan Dev, the Union minister for heavy industries and public enterprises, said today while inaugurating a four-day directors’ certification programme on corporate governance. The programme was organised by the Standing Conference of Public Enterprises in association with the department of public enterprises.
The minister said: “The importance of corporate governance is more for the public sector as they handle public funds and public aspirations are involved.