What Is Known and What Should Be Known About Factors Affecting Financial Sustainability in the Public Sector
| Autor: | Giuseppe Grossi, Silvia Gardini |
|---|---|
| Přispěvatelé: | Rodríguez Bolívar M.P., López Subires M.D., Gardini S., Grossi G. |
| Rok vydání: | 2018 |
| Předmět: |
Public economics
business.industry 0502 economics and business 05 social sciences Public sector Financial sustainability 050602 political science & public administration corporatization Financial sustainability fiscal conditions local governments 050207 economics business 0506 political science Corporatization |
| DOI: | 10.4018/978-1-5225-3713-7.ch008 |
| Popis: | The international literature suggests that the causes of weak financial sustainability of public organizations depend on both external and internal conditions. Whereas the external conditions are related to demographic and socio-economic factors, the internal conditions are associated with the political and managerial settings, and thus, the latter could be addressed by the local government with the aim to maintain financial sustainability over the long term. Based on a literature review, the authors explain the most consolidated trend of such variables with respect to the impact of those variables on financial sustainability, and simultaneously, they reveal a disproportion in what the literature has most recently analyzed. Ultimately, the authors highlight the need for further research regarding the managerial factors and additional cross-country comparisons of the roles of both external and internal conditions. |
| Databáze: | OpenAIRE |
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