IDEAS home Printed from https://ideas.repec.org/p/ehl/lserod/59948.html
   My bibliography  Save this paper

Accountability and expertise in public sector risk management: a case study

Author

Listed:
  • Palermo, Tommaso

Abstract

This paper examines the adoption of a formal risk management framework in a large public sector organisation. The paper shows the relevance of risk management as an accountability tool, extended by means of disclosure to the scrutiny of distant others. The paper also reveals how the use of risk management is dependent on relational skills, knowledge of business activities and professional experience. Risk management can be seen as both a context-dependent device and as a technique abstracted from a context. The paper discusses how risk officers deal with this complexity, addressing the expectations of multiple organisational actors and external entities.

Suggested Citation

  • Palermo, Tommaso, 2014. "Accountability and expertise in public sector risk management: a case study," LSE Research Online Documents on Economics 59948, London School of Economics and Political Science, LSE Library.
    • Handle: RePEc:ehl:lserod:59948
    as

    Download full text from publisher

    File URL: http://eprints.lse.ac.uk/59948/
    File Function: Open access version.
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Tobias Scheytt & Kim Soin & Kerstin Sahlin‐Andersson & Michael Power, 2006. "Introduction: Organizations, Risk and Regulation," Journal of Management Studies, Wiley Blackwell, vol. 43(6), pages 1331-1337, September.
    2. Lounsbury, Michael, 2008. "Institutional rationality and practice variation: New directions in the institutional analysis of practice," Accounting, Organizations and Society, Elsevier, vol. 33(4-5), pages 349-361.
    3. Paul M. Collier & Margaret Woods, 2011. "A Comparison of the Local Authority Adoption of Risk Management in England and Australia," Australian Accounting Review, CPA Australia, vol. 21(2), pages 111-123, June.
    4. Mikes, Anette, 2011. "From counting risk to making risk count: Boundary-work in risk management," Accounting, Organizations and Society, Elsevier, vol. 36(4), pages 226-245.
    5. Miller, Peter & O'Leary, Ted, 2007. "Mediating instruments and making markets: Capital budgeting, science and the economy," Accounting, Organizations and Society, Elsevier, vol. 32(7-8), pages 701-734.
    6. Irvine Lapsley, 2009. "New Public Management: The Cruellest Invention of the Human Spirit?1," Abacus, Accounting Foundation, University of Sydney, vol. 45(1), pages 1-21, March.
    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. Monia Castellini & Vincenzo Riso, 2023. "The Role of Citizens in the Municipalities? Risk Management Process: An Overview in Italy," MANAGEMENT CONTROL, FrancoAngeli Editore, vol. 2023(1), pages 143-163.
    2. Arena, Marika & Arnaboldi, Michela & Palermo, Tommaso, 2017. "The dynamics of (dis)integrated risk management: a comparative field study," LSE Research Online Documents on Economics 84285, London School of Economics and Political Science, LSE Library.
    3. Sophie Flemig & Stephen Osborne & Tony Kinder, 2016. "Risky business—reconceptualizing risk and innovation in public services," Public Money & Management, Taylor & Francis Journals, vol. 36(6), pages 425-432, September.
    4. Martin Carlsson‐Wall & Katarina Kaarbøe & Kalle Kraus & Anita Meidell, 2021. "Risk Management as Passionate Imitation: The Interconnections Among Emotions, Performance Metrics, and Risk in a Global Technology Firm," Abacus, Accounting Foundation, University of Sydney, vol. 57(1), pages 72-100, March.

    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. B. Buylen & J. Christiaens, 2013. "Politics by numbers? An exploration of councillors’ apparent use of financial information during the budget discussion in Flemish municipal councils," Working Papers of Faculty of Economics and Business Administration, Ghent University, Belgium 13/841, Ghent University, Faculty of Economics and Business Administration.
    2. Arjaliès, Diane-Laure, 2011. "Exploring the role of objects in the transformation of logics: a practice perspective," HEC Research Papers Series 952, HEC Paris.
    3. Diane-Laure Arjaliès, 2011. "Exploring the role of objects in the transformation of logics: a practice perspective," Working Papers hal-00633462, HAL.
    4. Cristiana Cattaneo & Gaia Bassani, 2019. "Enterprise Risk Management e Managemen Accounting Systems in una Banca di Credito Cooperativo," MANAGEMENT CONTROL, FrancoAngeli Editore, vol. 2019(1 suppl.), pages 13-33.
    5. repec:dau:papers:123456789/6741 is not listed on IDEAS
    6. repec:dau:papers:123456789/3888 is not listed on IDEAS
    7. Elaine Stewart & Ciaran Connolly, 2021. "Recent UK Central Government Accounting Reforms: Claimed Benefits and Experienced Outcomes," Abacus, Accounting Foundation, University of Sydney, vol. 57(3), pages 557-592, September.
    8. Silvia Pilonato & Patrizio Monfardini, 2022. "Managerial reforms, institutional complexity and individuals: an empirical analysis of higher education," Journal of Management & Governance, Springer;Accademia Italiana di Economia Aziendale (AIDEA), vol. 26(2), pages 365-387, June.
    9. Andrea Whittle & Frank Mueller, 2010. "Strategy, enrolment and accounting: the politics of strategic ideas," Accounting, Auditing & Accountability Journal, Emerald Group Publishing Limited, vol. 23(5), pages 626-646, June.
    10. Anne Riviere & Marie Boitier, 2011. "Liberté et responsabilité des universités : Comment le contrôle de gestion participe à la construction d'un système de pilotage de la performance ?," Post-Print hal-00650567, HAL.
    11. Wällstedt, Niklas, 2020. "Sources of dissension: The making and breaking of the individual in Swedish aged care," Accounting, Organizations and Society, Elsevier, vol. 80(C).
    12. Bui, Binh & Cordery, Carolyn J. & Wang, Zhichao, 2019. "Risk management in local authorities: An application of Schatzki's social site ontology," The British Accounting Review, Elsevier, vol. 51(3), pages 299-315.
    13. Grouiez, Pascal & Debref, Romain & Vivien, Franck-Dominique & Befort, Nicolas, 2023. "The complex relationships between non-food agriculture and the sustainable bioeconomy: The French case," Ecological Economics, Elsevier, vol. 214(C).
    14. Ball, Amanda & Craig, Russell, 2010. "Using neo-institutionalism to advance social and environmental accounting," CRITICAL PERSPECTIVES ON ACCOUNTING, Elsevier, vol. 21(4), pages 283-293.
    15. Ashraf, Junaid & Uddin, Shahzad, 2016. "New public management, cost savings and regressive effects: A case from a less developed country," CRITICAL PERSPECTIVES ON ACCOUNTING, Elsevier, vol. 41(C), pages 18-33.
    16. Lepori, Benedetto & Montauti, Martina, 2020. "Bringing the organization back in: Flexing structural responses to competing logics in budgeting," Accounting, Organizations and Society, Elsevier, vol. 80(C).
    17. Tammar B. Zilber, 2011. "Institutional Multiplicity in Practice: A Tale of Two High-Tech Conferences in Israel," Organization Science, INFORMS, vol. 22(6), pages 1539-1559, December.
    18. Tóth, Balázs, 2021. "Milyen kapcsolatban állnak a közszféra reformjai a gazdaságpolitikai paradigmákkal? [How reforms of the public sector relate to the paradigms of economic policy]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(2), pages 205-222.
    19. Benjamin Dreveton & Evelyne Lande & Marine Portal, 2011. "L'instrumentation des activités publiques. Le cas d'une université," Post-Print hal-00650424, HAL.
    20. Cipolletta, Germano & Fiorani, Gloria & Matei, Ani & Matei, Lucica & Meneguzzo, Marco & Mititelu, Cristina, 2010. "Public Sector Modernization Trends of the Member States of European Union.Trajectories of reforms in Italy and Romania," Apas Papers 267, Academic Public Administration Studies Archive - APAS.
    21. Blanc, Antoine & Huault, Isabelle, 2014. "Against the digital revolution? Institutional maintenance and artefacts within the French recorded music industry," Technological Forecasting and Social Change, Elsevier, vol. 83(C), pages 10-23.
    22. Nicolas Berland & Yves Levant & Vassili Joannides, 2009. "Institutionalisation and deinstitutionalisation of budget. Symmetrical analysis of rhetoric associated to the introduction of budget and “beyond budgeting”," Post-Print hal-01661710, HAL.

    More about this item

    Keywords

    risk management; accountability; expertise; public sector;
    All these keywords.

    JEL classification:

    • F3 - International Economics - - International Finance
    • G3 - Financial Economics - - Corporate Finance and Governance

    Statistics

    Access and download statistics

    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:ehl:lserod:59948. 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: LSERO Manager (email available below). General contact details of provider: https://edirc.repec.org/data/lsepsuk.html .

    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.