"At the same time the government should investigate any internal problems related to the Commission of National Corporations connected to the Taiwan Fertilizer scandal, and try to establish a mechanism to monitor any privatized companies with a lot of government-controlled shares."
Thu, Oct 14, 1999 - Page 17 News List
State-run firm's problems came with share sale
PRIVATIZATION Because government agencies still held controlling shares in Taiwan Fertilizer, other shareholders were unable to monitor and expose the company's mismanagement, leading to a scandal and highlighting flaws in the privatization process
By Stanley Chou / STAFF REPORTER
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