ABSTRACT

The British public corporation, for example, has been extremely influential; the state company and the ‘mixed’ enterprise, the characteristic of the western Europe, has been widely imitated. Western forms of the public enterprise, placed in an alien and underdeveloped setting, inevitably display characteristics quite untypical of their prototypes – to such an extent, indeed, that the question often arises whether the attempt at imitation was well-advised. By and large informed public opinion is suspicious of the centralization, and seeks the maximum amount of the decentralization compatible with consistency of over-all policy. Moreover, there is available a fund of the trained and experienced managerial personnel committed to the maintenance of certain socially recognized professional standards. In fact, of course, the institutional pattern is likely to be far more complex, particularly in a large and populous country, as a result of further specialization.