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Mixed companies as local utilities

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  • da Cruz, Nuno F.
  • Marques, Rui Cunha

Abstract

The use of public–private partnership arrangements by public authorities has been a hot topic in recent literature. Both practitioners and academics stress the need to expose best practices and develop guidelines to cope with these complex governance structures. Nonetheless, research on the specific case of mixed companies (institutionalised public–private partnerships) has been somewhat neglected. This paper discusses the rationale behind the use of these arrangements by local governments. Although theoretically the model has some merits, in practice it usually fails in protecting the public interest.

Suggested Citation

  • da Cruz, Nuno F. & Marques, Rui Cunha, 2013. "Mixed companies as local utilities," LSE Research Online Documents on Economics 59761, London School of Economics and Political Science, LSE Library.
    • Handle: RePEc:ehl:lserod:59761
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    File URL: http://eprints.lse.ac.uk/59761/
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    References listed on IDEAS

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    Cited by:

    1. 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.

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    More about this item

    Keywords

    public–private partnerships; local government; procurement;
    All these keywords.

    JEL classification:

    • J50 - Labor and Demographic Economics - - Labor-Management Relations, Trade Unions, and Collective Bargaining - - - General

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