This document discusses the corporatization of public sector organizations in Pakistan. It defines corporatization as transforming state-owned enterprises into autonomous commercial corporations to introduce corporate governance. Corporatization results in improved transparency and accountability through proper financial records, disclosure requirements, and a well-regulated economic sector. However, corporatization in Pakistan has faced difficulties like political intervention, weak boards lacking expertise, and personal/political interests interfering. The document recommends training for government officials, effective board recruitment, and transparent selection of directors to strengthen corporatization.