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Public Institution Management. Case study of CFR Marfa

Author

Listed:
  • Sorin Adrian Ciupitu

    ()

  • Gabriel I. Nastase

    () ("Dimitrie Cantemir" Christian University)

Abstract

In the developed countries, public institutions had an important role but once with privatisation, they had gone into the sideline. The privatization took place when those companies were no longer profitable due to faulty management of a manager who either was not skilful or he led with bad intent, aiming at destroying the institution with various advantages already promised or received from a rival company.

Suggested Citation

  • Sorin Adrian Ciupitu & Gabriel I. Nastase, 2013. "Public Institution Management. Case study of CFR Marfa," Knowledge Horizons - Economics, Faculty of Finance, Banking and Accountancy Bucharest,"Dimitrie Cantemir" Christian University Bucharest, vol. 5(4), pages 43-47, December.
  • Handle: RePEc:khe:journl:v:5:y:2013:i:4:p:43-47
    as

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    More about this item

    Keywords

    Public institution; management; privatization; manager; employee;

    JEL classification:

    • D73 - Microeconomics - - Analysis of Collective Decision-Making - - - Bureaucracy; Administrative Processes in Public Organizations; Corruption

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