ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Asian Clearing Union

companies? In theory those companies derive their funds from public revenue. Further, they lay claim (often to extenuate their indifferent commercial performance) to fulfilling social responsibilities beyond the ken of comparable enterprises in the private sector. For both these reasons, Government companies are, it is presumed, answerable to the public in a sense that private sector companies are not. This is the rationale of the public accountability of government enterprises

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