LPI Update on NLC, page-26

People who claim that the state forcing itself to be your shareholder is a good thing should have their heads checked by a specialist. This will result in the appointment of incompetent board members who are politically nominated (often friends and family of politicians) and the oppression of foreign experts the company wants to keep in place. It typically leads to significant conflicts and a decline in productivity of up to 75% due to various schemes the government officials put in place. I have witnessed this phenomenon before, and it is worth noting that the government often employs the most inept individuals in our society, especially in emerging economies.