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A new linkage between corporate and public governance through the lens of incremental cash flows

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  • Rodolfo Apreda

Abstract

While in the study of Corporate Governance we can avail ourselves of the incremental cash-flow model (ICFM), the analysis of Public Governance has been falling behind with this issue. The paper sets forth an innovative linkage between both fields of learning and practice, by means of a suitable framing of such model that would allow us to take advantage of a deeper research focus just within the interface of both governances. Firstly, the ICM is derived in the current shape that experts in Corporate Governance make use of it. Secondly, we sharpen up the ICFM to match variegated needs in research and applications of Public Governance.

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File URL: http://www.ucema.edu.ar/publicaciones/download/documentos/374.pdf
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Bibliographic Info

Paper provided by Universidad del CEMA in its series CEMA Working Papers: Serie Documentos de Trabajo. with number 374.

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Length: 23 pages
Date of creation: Jul 2008
Date of revision:
Handle: RePEc:cem:doctra:374

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Keywords: public governance; incremental cash flows; corporate governance;

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  1. Kornai, J, 1979. "Resource-Constrained versus Demand-Constrained Systems," Econometrica, Econometric Society, vol. 47(4), pages 801-19, July.
  2. Rodolfo Apreda, 2004. "Corporate Rent-Seeking and the managerial soft-budget constraint," CEMA Working Papers: Serie Documentos de Trabajo. 283, Universidad del CEMA.
  3. Rodolfo Apreda, 2005. "How trade splits up information sets and dealers carry out their brokerage of asymmetric information," CEMA Working Papers: Serie Documentos de Trabajo. 288, Universidad del CEMA.
  4. Rodolfo Apreda, 2005. "Public Governance. A Blueprint for Political Action and Better Government," CEMA Working Papers: Serie Documentos de Trabajo. 297, Universidad del CEMA.
  5. Rodolfo Apreda, 2001. "The Brokerage of Asymmetric Information," CEMA Working Papers: Serie Documentos de Trabajo. 190, Universidad del CEMA.
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