Governance strategies in local government: a study of the governance of municipal corporations in a Swedish municipality
AbstractMunicipal 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.
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Bibliographic InfoArticle provided by Inderscience Enterprises Ltd in its journal Int. J. of Public Policy.
Volume (Year): 5 (2010)
Issue (Month): 4 ()
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Web page: http://www.inderscience.com/browse/index.php?journalID=97
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.;
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