Accountability and transparency policies in Spanish Public-Owned Enterprises (POEs) / Spain

María del Carmen SÁNCHEZ Carreira ()
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María del Carmen SÁNCHEZ Carreira: Faculty of Economics and Business, Universidade de Santiago de Compostela, Spain

Chapter Spain in Accountability, anti-corruption, and transparency policies in Public-Owned Enterprises (POEs), 2021, vol. 2, pp 61-83 from CIRIEC - Université de Liège

Abstract: The hybrid nature of Public Owned Enterprises (POEs) presents opportunities, difficulties, and challenges. This paper focuses on the implementation of transparency, anti-corruption and accountability in POE in Spain. Spain is one of the European countries with lower importance of public owned enterprises. However, the privatisation process has been intense in Spain and it is accompanied by a parallel process of development of public enterprises at the regional and local levels. The analysis shows the need to improve the compliance of anti-corruption, transparency, and accountability measures by public enterprises in Spain. The mere existence of laws on this field is not enough to prevent corruption. The main risks and problems identified concern the political influence, the lack of professional management, the contracting procedures, and the confusion between the public and private sphere.

Keywords: public owned enterprises; transparency; accountability; corruption; anti-corruption; compliance; organizational forms; Spain (search for similar items in EconPapers)
JEL-codes: H11 H4 H70 H82 H83 L3 (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:crc:chapte:2-spain

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