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Governance and Performance of a Mixed Public-Private Enterprise: An Assessment of a Company in the Estonian Water Sector

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  • Peeter Peda
  • Daniela Argento
  • Giuseppe Grossi

Abstract

Local governments are increasingly entering into partnerships with the private sector in the “externalization” of public service delivery. While the financial and non-financial interests of the partners involved may appear to be in opposition and potentially un-reconcilable, this is not always the case, especially where governance arrangements exist to align and balance the requirements of financial and non-financial performance. Such arrangements are analysed here with reference to Estonia’s largest water company with mixed public-private ownership. It has a business-like management that facilitates a combination of good non-financial performance (quality and affordability) and considerable financial performance (profitability). Copyright Springer Science+Business Media New York 2013

Suggested Citation

  • Peeter Peda & Daniela Argento & Giuseppe Grossi, 2013. "Governance and Performance of a Mixed Public-Private Enterprise: An Assessment of a Company in the Estonian Water Sector," Public Organization Review, Springer, vol. 13(2), pages 185-196, June.
    • Handle: RePEc:kap:porgrv:v:13:y:2013:i:2:p:185-196
    DOI: 10.1007/s11115-013-0233-z
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    References listed on IDEAS

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    Cited by:

    1. Khalid, Maizatul Akmar & Alam, Md. Mahmudul & Said, Jamaliah, 2019. "Empirical Assessment of Good Governance in the Public Sector of Malaysia," SocArXiv 84ewh, Center for Open Science.
    2. Paolo Esposito & Spiridione Lucio Dicorato, 2020. "Sustainable Development, Governance and Performance Measurement in Public Private Partnerships (PPPs): A Methodological Proposal," Sustainability, MDPI, vol. 12(14), pages 1-25, July.
    3. Argento, Daniela & Culasso, Francesca & Truant, Elisa, 2016. "Competing logics in the expansion of public service corporations," Utilities Policy, Elsevier, vol. 40(C), pages 125-133.
    4. Reza, Rajibur & Tularam, Gurudeo Anand & Li, Bin, 2021. "A review of global research on private investment in the water sector," Utilities Policy, Elsevier, vol. 72(C).

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