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The Importance of Owner Relationship in Shaping Hybrid Organizations

Thomasson, Anna LU (2019) p.129-155
Abstract
The focus of this chapter is the relationship between owners and hybrid organizations with focus on public-private hybrid constellation and corporations owned by local governments. These companies are hybrids since they are governed as private profit-oriented companies but provide public services and incorporate public values. The main takeaway from the analysis in the chapter is that two dimensions, one formal and one informal, define the relationship between the owners and their companies. The formal relationship is here mainly referring to the relationship as defined by the legal framework and existing regulations, while the informal relationship is referring to the dialogue between the owners and the companies that occurs as a... (More)
The focus of this chapter is the relationship between owners and hybrid organizations with focus on public-private hybrid constellation and corporations owned by local governments. These companies are hybrids since they are governed as private profit-oriented companies but provide public services and incorporate public values. The main takeaway from the analysis in the chapter is that two dimensions, one formal and one informal, define the relationship between the owners and their companies. The formal relationship is here mainly referring to the relationship as defined by the legal framework and existing regulations, while the informal relationship is referring to the dialogue between the owners and the companies that occurs as a complement to the latter dimension. The formal relationship mainly reflects market values, while in order for the democratic values to be protected, the informal dimension is crucial. (Less)
Please use this url to cite or link to this publication:
author
organization
publishing date
type
Chapter in Book/Report/Conference proceeding
publication status
published
subject
host publication
Managing Hybrid Organizations : Governance, Professionalism and Regulation - Governance, Professionalism and Regulation
editor
Alexius, Susanna and Furusten, Staffan
pages
129 - 155
publisher
Palgrave Macmillan
external identifiers
  • scopus:85085678469
ISBN
978-3-319-95485-1
DOI
10.1007/978-3-319-95486-8
project
Public Management Research
language
English
LU publication?
yes
id
2b5d7db7-7ad6-4553-a55b-a22dc2057786
date added to LUP
2019-11-26 10:11:47
date last changed
2022-04-18 19:07:08
@inbook{2b5d7db7-7ad6-4553-a55b-a22dc2057786,
  abstract     = {{The focus of this chapter is the relationship between owners and hybrid organizations with focus on public-private hybrid constellation and corporations owned by local governments. These companies are hybrids since they are governed as private profit-oriented companies but provide public services and incorporate public values. The main takeaway from the analysis in the chapter is that two dimensions, one formal and one informal, define the relationship between the owners and their companies. The formal relationship is here mainly referring to the relationship as defined by the legal framework and existing regulations, while the informal relationship is referring to the dialogue between the owners and the companies that occurs as a complement to the latter dimension. The formal relationship mainly reflects market values, while in order for the democratic values to be protected, the informal dimension is crucial.}},
  author       = {{Thomasson, Anna}},
  booktitle    = {{Managing Hybrid Organizations : Governance, Professionalism and Regulation}},
  editor       = {{Alexius, Susanna and Furusten, Staffan}},
  isbn         = {{978-3-319-95485-1}},
  language     = {{eng}},
  pages        = {{129--155}},
  publisher    = {{Palgrave Macmillan}},
  title        = {{The Importance of Owner Relationship in Shaping Hybrid Organizations}},
  url          = {{http://dx.doi.org/10.1007/978-3-319-95486-8}},
  doi          = {{10.1007/978-3-319-95486-8}},
  year         = {{2019}},
}