Governance strategies in local government: a study of the governance of municipal corporations in a Swedish municipality
Abstract
Municipal corporations can be seen as a method of disintegrating municipal operations, but retaining control through those corporations. We assume that the municipal influence of the corporation can be described through the concept of governance strategy. Through a case study of seven corporations in one Swedish municipality, we found that emphasis was put on corporate strategy as a governance mechanism and that the board only retained a latent capacity. Furthermore, financial control and executive compensation were hardly ever used as governance mechanisms, which led us to formulate the 'chamber concert' hypothesis: the use of governance mechanisms is influenced by traditions, norms, knowledge and governance needs.Download Info
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Bibliographic Info
Article provided by Inderscience Enterprises Ltd in its journal International Journal of Public Policy.
Volume (Year): 5 (2010)
Issue (Month): 4 (January)
Pages: 373-389
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Web page: http://inderscience.metapress.com/link.asp?target=journal&id=119807
Related research
Keywords: corporate governance; municipal corporations; governance strategies; Sweden; local government; latent capacity; financial control; executive compensation; chamber concert hypothesis; tradition; norms; knowledge; Kristianstad; municipalities; public policy;References
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