Governance and Performance of a Mixed Public-Private Enterprise: An Assessment of a Company in the Estonian Water Sector
Peeter Peda (),
Daniela Argento () and
Giuseppe Grossi ()
Public Organization Review, 2013, vol. 13, issue 2, 185-196
Abstract:
Local governments are increasingly entering into partnerships with the private sector in the “externalization” of public service delivery. While the financial and non-financial interests of the partners involved may appear to be in opposition and potentially un-reconcilable, this is not always the case, especially where governance arrangements exist to align and balance the requirements of financial and non-financial performance. Such arrangements are analysed here with reference to Estonia’s largest water company with mixed public-private ownership. It has a business-like management that facilitates a combination of good non-financial performance (quality and affordability) and considerable financial performance (profitability). Copyright Springer Science+Business Media New York 2013
Keywords: Governance mechanisms; Externalization; Mixed public-private company; Financial and non-financial performance; Water sector; Estonia (search for similar items in EconPapers)
Date: 2013
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5)
Downloads: (external link)
http://hdl.handle.net/10.1007/s11115-013-0233-z (text/html)
Access to full text is restricted to subscribers.
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:kap:porgrv:v:13:y:2013:i:2:p:185-196
Ordering information: This journal article can be ordered from
http://www.springer. ... ce/journal/11115/PS2
DOI: 10.1007/s11115-013-0233-z
Access Statistics for this article
Public Organization Review is currently edited by Ali Farazmand
More articles in Public Organization Review from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().