There is professional management in statutory corporation.

1. A statutory corporation is able to manage its affairs with independence and flexibility. 

2. Management of statutory corporation is done without any government interference. 

3. The statutory corporation is relatively free from red tapism. 

4. There is less file work and less formality to be completed before taking decisions. 

5. Board of directors of statutory corporation consists of business experts and the representatives of various groups such as labour, consumers, etc. who are nominated by the government. 

6. Thus, there is professional management in statutory corporation.