Analysing Network Governance of Public Assets

Shann Turnbull

Corporate Governance: An International Review, 2007, vol. 15, issue 6, 1079-1089

Abstract: This paper provides a framework for evaluating the strengths and weaknesses of Australian public assets when owned by: (i) a government department, (ii) a State owned corporate body, (iii) private investor's, or (iv) a network of constituents. The framework evaluates the generic characteristics of the four different types of governance architectures by considering their: (i) accountability, (ii) quality of service, (iii) operating costs, (iv) funding (v) cost of finance, and (vi) political outcomes. Network governance introduces distributed: communications, intelligence, decision making, and control which can be used to augment and/or replace the centralised architecture of the other three alternatives. Network governance is identified as a condition precedent for developing self‐governance and enriching democracy.

Date: 2007
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https://doi.org/10.1111/j.1467-8683.2007.00632.x

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Persistent link: https://EconPapers.repec.org/RePEc:bla:corgov:v:15:y:2007:i:6:p:1079-1089

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