Advanced

Joint owned companies as instrument of Local Government: Comparative evidence from the Swedish and Italian water sector

Grossi, Guiseppe and Thomasson, Anna LU (2011) The International Research Society for Public Management (IRSPM) 2010 In Policy Studies 32(3). p.277-289
Abstract
The combination of features from the public and private sectors in jointly owned companies imposes challenges to the governance and control mechanisms of these organisations, which have been criticised for lacking accountability. Where there is fragmented ownership, the interests of different owners need to be coordinated. The aim of this article is to consider how such companies can be governed in order to avoid this lack of accountability. The focus is on Swedish and Italian experience with joint public–private water supply companies in the local government area. The analysis draws on the literature on corporate governance in the public sector and shows that, even though contextual differences exist between the Swedish and Italian cases,... (More)
The combination of features from the public and private sectors in jointly owned companies imposes challenges to the governance and control mechanisms of these organisations, which have been criticised for lacking accountability. Where there is fragmented ownership, the interests of different owners need to be coordinated. The aim of this article is to consider how such companies can be governed in order to avoid this lack of accountability. The focus is on Swedish and Italian experience with joint public–private water supply companies in the local government area. The analysis draws on the literature on corporate governance in the public sector and shows that, even though contextual differences exist between the Swedish and Italian cases, there are also similarities in regard to the need to manage the conflicts of interests that surface due to fragmented ownership. (Less)
Please use this url to cite or link to this publication:
author
organization
publishing date
type
Contribution to journal
publication status
published
subject
in
Policy Studies
volume
32
issue
3
pages
277 - 289
publisher
Routledge
conference name
The International Research Society for Public Management (IRSPM) 2010
external identifiers
  • Scopus:79957996904
  • WOS:000293737400008
ISSN
0144-2872
DOI
10.1080/01442872.2011.561695
language
English
LU publication?
yes
id
5bac609a-da66-4bf1-8139-65a1dfa06fe4 (old id 1736777)
date added to LUP
2010-12-14 10:52:31
date last changed
2016-10-30 04:37:00
@misc{5bac609a-da66-4bf1-8139-65a1dfa06fe4,
  abstract     = {The combination of features from the public and private sectors in jointly owned companies imposes challenges to the governance and control mechanisms of these organisations, which have been criticised for lacking accountability. Where there is fragmented ownership, the interests of different owners need to be coordinated. The aim of this article is to consider how such companies can be governed in order to avoid this lack of accountability. The focus is on Swedish and Italian experience with joint public–private water supply companies in the local government area. The analysis draws on the literature on corporate governance in the public sector and shows that, even though contextual differences exist between the Swedish and Italian cases, there are also similarities in regard to the need to manage the conflicts of interests that surface due to fragmented ownership.},
  author       = {Grossi, Guiseppe and Thomasson, Anna},
  issn         = {0144-2872},
  language     = {eng},
  number       = {3},
  pages        = {277--289},
  publisher    = {ARRAY(0x8433f30)},
  series       = {Policy Studies},
  title        = {Joint owned companies as instrument of Local Government: Comparative evidence from the Swedish and Italian water sector},
  url          = {http://dx.doi.org/10.1080/01442872.2011.561695},
  volume       = {32},
  year         = {2011},
}