IDEAS home Printed from https://ideas.repec.org/a/kap/porgrv/v13y2013i2p185-196.html
   My bibliography  Save this article

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

Author

Listed:
  • 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
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1007/s11115-013-0233-z
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1007/s11115-013-0233-z?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Tom Christensen & Per Lægreid, 2001. "NEW PUBLIC MANAGEMENT: The effects of contractualism and devolution on political control," Public Management Review, Taylor & Francis Journals, vol. 3(1), pages 73-94, January.
    2. Tom Christensen & Per Lægreid, 2011. "Complexity and Hybrid Public Administration—Theoretical and Empirical Challenges," Public Organization Review, Springer, vol. 11(4), pages 407-423, December.
    3. Vinnari, Eija M. & Hukka, Jarmo J., 2007. "Great expectations, tiny benefits - Decision-making in the privatization of Tallinn water," Utilities Policy, Elsevier, vol. 15(2), pages 78-85, June.
    4. Jehiel Zif, 1981. "Managerial Strategic Behavior in State-Owned Enterprises---Business and Political Orientations," Management Science, INFORMS, vol. 27(11), pages 1326-1339, November.
    5. Patrick W. Schmitz, 2001. "Partial Privatization and Incomplete Contracts: The Proper Scope of Government Reconsidered," FinanzArchiv: Public Finance Analysis, Mohr Siebeck, Tübingen, vol. 57(4), pages 394-411, August.
    6. Roger Wettenhall & Ian Thynne, 2005. "Ownership and Management in the Public Sphere: Governance Issues and Concerns," Asia Pacific Journal of Public Administration, Taylor & Francis Journals, vol. 27(2), pages 263-290, December.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    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).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Peeter Peda & Giuseppe Grossi & Margo Liik, 2013. "Do ownership and size affect the performance of water utilities? Evidence from Estonian municipalities," Journal of Management & Governance, Springer;Accademia Italiana di Economia Aziendale (AIDEA), vol. 17(2), pages 237-259, May.
    2. Jesús Cambra-Berdún & Jesús Cambra-Fierro, 2006. "Considerations and implications on the necessity of increasing efficiency in the public education system: The new public management (NPM) and the market orientation as reference concepts," International Review on Public and Nonprofit Marketing, Springer;International Association of Public and Non-Profit Marketing, vol. 3(2), pages 41-58, December.
    3. Michael Böheim, 2011. "The Privatisation of Public Assets as an Economic Policy Instrument: Private versus Public Ownership of Companies – Empirical Evidence and Considerations for Industrial Location Policy," Austrian Economic Quarterly, WIFO, vol. 16(4), pages 244-255, December.
    4. N.F. Cruz & R.C. Marques & A. Marra & C. Pozzi, 2014. "Local Mixed Companies: The Theory And Practice In An International Perspective," Annals of Public and Cooperative Economics, Wiley Blackwell, vol. 85(1), pages 1-9, March.
    5. Zheng Wang & John S. Heywood & Guangliang Ye, 2020. "Optimal mixed ownership: A contract view," Economics of Transition and Institutional Change, John Wiley & Sons, vol. 28(1), pages 45-68, January.
    6. Megginson, William Leon, 2005. "The Financial Economics of Privatization," OUP Catalogue, Oxford University Press, number 9780195150629.
    7. Tom Christensen & Per Lægreid, 2015. "Performance and Accountability—A Theoretical Discussion and an Empirical Assessment," Public Organization Review, Springer, vol. 15(2), pages 207-225, June.
    8. Yaffa Moskovich, 2018. "Belief systems and business strategy in a privatized kibbutz factory," Journal of Management Control: Zeitschrift für Planung und Unternehmenssteuerung, Springer, vol. 29(1), pages 5-36, March.
    9. Nicola Mario Iacovino & Sara Barsanti & Lino Cinquini, 2017. "Public Organizations Between Old Public Administration, New Public Management and Public Governance: the Case of the Tuscany Region," Public Organization Review, Springer, vol. 17(1), pages 61-82, March.
    10. Daniel Albalate & Germà Bel & Joan Calzada, 2010. "Urban transport governance reform in Barcelona," IREA Working Papers 201009, University of Barcelona, Research Institute of Applied Economics, revised Jun 2010.
    11. J. Rommel & J. Christiaens, 2007. "Blocking and Accepting Steering from Ministers and Departments. Coping Strategies of Agencies in Flanders," Working Papers of Faculty of Economics and Business Administration, Ghent University, Belgium 07/431, Ghent University, Faculty of Economics and Business Administration.
    12. G. Bognetti & L. Robotti, 2007. "The Provision Of Local Public Services Through Mixed Enterprises: The Italian Case," Annals of Public and Cooperative Economics, Wiley Blackwell, vol. 78(3), pages 415-437, September.
    13. John Bennett & Elisabetta Iossa, 2010. "Contracting out public service provision to not-for-profit firms," Oxford Economic Papers, Oxford University Press, vol. 62(4), pages 784-802, October.
    14. Ian Thynne, 2013. "Governance and Organizational Eclecticism in the Public Arena: Introductory Perspectives," Public Organization Review, Springer, vol. 13(2), pages 107-116, June.
    15. Arshad Ali Javed & Patrick T.I. Lam & Albert P.C. Chan, 2014. "Change negotiation in public-private partnership projects through output specifications: an experimental approach based on game theory," Construction Management and Economics, Taylor & Francis Journals, vol. 32(4), pages 323-348, April.
    16. Bennett, John & Iossa, Elisabetta, 2006. "Building and managing facilities for public services," Journal of Public Economics, Elsevier, vol. 90(10-11), pages 2143-2160, November.
    17. Giliberto Capano & Benedetto Lepori, 2024. "Designing policies that could work: understanding the interaction between policy design spaces and organizational responses in public sector," Policy Sciences, Springer;Society of Policy Sciences, vol. 57(1), pages 53-82, March.
    18. Laura Carmouze & Alan Sandry, 2020. "Complex Thinking and Computing Organization Facing Contingent Problems," Public Organization Review, Springer, vol. 20(2), pages 401-419, June.
    19. John Heywood & Guangliang Ye, 2010. "Optimal privatization in a mixed duopoly with consistent conjectures," Journal of Economics, Springer, vol. 101(3), pages 231-246, November.
    20. 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.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:kap:porgrv:v:13:y:2013:i:2:p:185-196. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.