The public company that will be established under the order will be a total monopoly.
But the argument is just as obvious for the directors controlling a public company.
Is its aim, like that of the joint stock public company, to maximise its profits?
In 1969, one report was submitted in respect of a public company and 30 in respect of private companies.
I know what would happen to a chairman of a public company if that were done.
The only persons debarred are represented by the public company in the position of a railway company.
I never heard that wish expressed by anyone, even though we must have had some of the largest annual general meetings of any public company.
As we know, that is one of the most vicious things that can happen in the conduct of a public company.
