Organizational Publicness and Mortality: Explaining the Dissolution of Local Authority Companies
Rhys Andrews
Public Management Review, 2022, vol. 24, issue 3, 350-371
Abstract:
Organizational publicness is likely to have important implications for the mortality or survival of local authority companies. Majority-owned companies and those experiencing more political control may be less prone to dissolution due to greater government commitment to their survival, than their minority-owned and more politically autonomous counterparts. Using survival analysis to test these ideas, this study finds that dissolved local authority companies in England are more likely to be minority-owned, but have more politicians on their board of directors. They also have fewer directors in total, and tend to take a not-for-profit rather than a profit-making form.
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:taf:rpxmxx:v:24:y:2022:i:3:p:350-371
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DOI: 10.1080/14719037.2020.1825780
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