FEATURES OF PUBLIC CORPORATION by keypoint It is not profit oriented It is managed by board of Directors Public corporations are accountable to the minister They are legal entity i.e they can sue and be sued. Others are Viewing: PUBLIC CORPORATION REASONS FOR GOVERNMENT ESTABLISHING PUBLIC CORPORATION REASONS AGAINST GOVERNMENT ESTABLISHING PUBLIC CORPORATION SOURCES OF CAPITAL FOR PUBLIC CORPORATION Advantages of Public Corporation Advantages of Public Corporation COMPARISON OF PRIVATE AND PUBLIC COMPANY