Corporate Governance in a Public Sector Context: A study of governance processes in jointly owned municipal companies

作者: Anna Thomasson

DOI:

关键词: Stewardship theoryPublic sectorBusinessCorporate governanceControl (management)Order (exchange)Public relationsContext (language use)AccountingPrincipal–agent problemGovernance process

摘要: According to agency theory owners need exert control over their companies in order secure that interests are protected. The results presented this paper contradicts and instead shows how too much can be contra productive. purpose of the is study governance process jointly owned municipal analyse divergent managed. To accomplish that, two case studied Sweden have been conducted. analysis cases various complicate not only process, but also situation for managing director. Based on factors influencing identified a discussion made regards owners, board directors director act reduce complexity. Here trust communication has as being important when it comes complexity enable respond needs all owners.

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