The controversial oil hedge of CPC: An exercise of power without responsibility

Monday, 28 February 2011 00:01 - - {{hitsCtrl.values.hits}}

By Eran Wickramaratne

In a democracy the sovereignty of the people is exercised in the final analysis by its voters who hold its rulers accountable. In a Corporate, management is held responsible for its decisions by the Board of Directors. The Directors are answerable to Shareholders.

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