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

A Sridhar RajSubscribe to A Sridhar Raj

Board Level Remuneration in Central Public Sector Enterprises: Myth and Reality

There is a huge disparity between the compensation packages of the board level functionaries of central public sector enterprises and their private sector counterparts. For making these public undertakings more efficient, the remuneration of their top level executives must match those of private industry. This article argues that to avoid the flight of talent, attractive incentives by way of increased pay packets and perquisites will make executive directors of CPSEs perform better and reduce attrition rates.
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