Public Value Accounting

Establishing the Philosophical Basis

Dados Bibliográficos

ID6364684
AutoresMark H Moore (0009-0009-6018-0211, Harvard University, autor correspondente)
Ano2014
Volume74
Fascículo4
Páginas465-477
Data de publicação2014-05-28
Peer ReviewedSim
Open AccessSim
TipoARTICLE
PeriódicoPublic Administration Review (JOURNAL)
Identificadores do periódicoISSN: 0033-3352 • E-ISSN: 1540-6210
EditoraWiley (PUBLISHER • GB)
DOI10.1111/puar.12198
OpenAlexW2067039189
IdiomaEN
Citações recebidas89
Referências citadas24

Questions of how best to define the ends, justify the means, and measure the performance of governments have preoccupied political economists for centuries. Recently, the concept of public value—defined in terms of the many dimensions of value that a democratic public might want to see produced by and reflected in the performance of government—has been proposed as an alternative approach. This article develops three philosophical claims central to the practice of public value accounting: (1) when the collectively owned assets of government are being deployed, the appropriate arbiter of public value is the collectively defined values of a “public” called into existence and made articulate through the quite imperfect processes of democratic governance; (2) the collectively owned assets include not only government money but also the authority of the state; (3) the normative framework for assessing the value of government production relies on both utilitarian and deontological philosophical frameworks

Corporate governance · Democracy · Economics · Government (linguistics · Imperfect · Law and economics · Normative · Political science · Politics · Positive economics · Public economics · Public value · Sociology · Value (mathematics · Accounting · Corruption and Economic Development · Experimental Behavioral Economics Studies · Finance · Law · Public Administration · Public Policy and Administration Research