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Financial Gains and Value Loss? The Impacts of Local Mixed Companies

Bibliographic Data

ID12613596
AuthorsB Guy Peters (0000-0001-9143-7547, University of Pittsburgh USA), J Pierre (0000-0002-1523-3603, University of Gothenburg Sweden), Asbjørn Røiseland (0000-0002-4282-9365, University of Nordland Norway, corresponding author)
Year2014
Volume85
Issue1
Pages87-102
Publication date2014-02-14
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueAnnals of Public and Cooperative Economics (JOURNAL)
Journal identifiersISSN: 1370-4788 • E-ISSN: 1467-8292
PublisherWiley (PUBLISHER • GB)
DOI10.1111/apce.12031
OpenAlexW2150962092
LanguageEN
Citations received8
References cited43

Partnerships between public and private actors have a long history in Europe and USA. More recently, however, we have been witnessing an extensive use of these instruments, an increasing number of the purposes for which they are used, and a growing ambition to create more stable interactions, e.g. by institutionalizing partnerships as mixed companies. From a democratic perspective this development potentially creates problems in terms of steering and accountability. Questions can be raised about the extent to which partnerships will promote the public interest and defend collective interests. The particular difficulties of mixed companies arise, we argue, from their combining two features. One is the shift in values and the increased acceptance of private‐sector values following from the New Public Management reform wave. The second is the way these structures become institutionalized, locking in the value set and making reaction to any changes in social need. The core argument of this article is that the combined effect of these two features represents a significant weakening of public value in mixed companies

Accountability · Argument (complex analysis · Business · Core (optical fiber · Democracy · Economic growth · Economics · Economy · Law and economics · Market economy · Mixed economy · Perspective (graphical · Political science · Politics · Private sector · Public relations · Public sector · Set (abstract data type · Value (mathematics · Community Development and Social Impact · Law · Public Administration · Public Policy and Administration Research · Public-Private Partnership Projects

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Unique citing works8
Citations per year0,67
Citation span2014 - 2026 (13)
Citation velocitycurrent
Highly citedNo
Citation typesNeutral: 8

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