MIXED COMPANIES AND LOCAL GOVERNANCE: NO MAN CAN SERVE TWO MASTERS

摘要: This article looks at the use of institutionalized public–private partnership (PPP) arrangements by local governments for delivery different types infrastructure. It starts analyzing mixed company model from a theoretical point view, in particular potential internal regulation and achievement relational agreement. Then, after discussing practicalities crafting this type governance structure, four Portuguese case studies are examined. The empirical evidence on companies operating water, waste, transportation, education sectors shows that extreme complexity involved whole life-cycle management these usually leads to poor protection public interest.