KCRC's Governance Controversies
KCRC's Governance Controversies
This chapter gives a parallel review on the controversy-plagued corporate governance of the KCRC. It argues that the operating environment and tasks of the KCRC were indeed not the same as the MTRC due to differences in the specifics of government policies. The KCRC corporate leadership also responded differently in meeting the various internal and external challenges, which sometimes created controversies and even scandals. This discussion contrasts the experience of the KCRC with that of the MTRC as regards to business focus, financial history, board governance, and corporate leadership and highlights three major public controversies in its corporate governance.
Keywords: corporate governance, transport services, merger, corporate leadership, MTRC
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