Strategic corporate governance factors for municipally owned companies: An empirical analysis from a municipal perspective
By: Daiser, Peter and Wirtz, Bernd W
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BookPublisher: International Review of Administrative Sciences Description: 87(1), Mar, 2021: p.135-153.Subject(s): Municipal level, Municipally owned companies, Primary data, questionnaire, State-owned enterprises, Structural equation modelling
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International Review of Administrative SciencesSummary: Empirical research on municipally owned companies is still an under-researched field. In particular, there is a lack of sound empirical success factor-related studies that take into account the municipal mission of creating public value, as well as future-oriented strategic measures by which municipally owned companies can be directed from a municipal perspective. Therefore, this study examines strategic success factors that have an impact on the perceived success of municipally owned companies by investigating the responses from 271 qualified key informants using structural equation modelling. The analysis of the responses indicates that three factors (shared vision, strategic coordination and goal clarity) show a positive significant impact on the perceived success of municipally owned companies. In summary, the study provides insights to academics and public officials, and contributes to address the prevailing gap of empirical knowledge in the field. – Reproduced
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Articles
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Indian Institute of Public Administration | 87(1), Mar, 2021: p.135-153 | Available | AR125607 |
Empirical research on municipally owned companies is still an under-researched field. In particular, there is a lack of sound empirical success factor-related studies that take into account the municipal mission of creating public value, as well as future-oriented strategic measures by which municipally owned companies can be directed from a municipal perspective. Therefore, this study examines strategic success factors that have an impact on the perceived success of municipally owned companies by investigating the responses from 271 qualified key informants using structural equation modelling. The analysis of the responses indicates that three factors (shared vision, strategic coordination and goal clarity) show a positive significant impact on the perceived success of municipally owned companies. In summary, the study provides insights to academics and public officials, and contributes to address the prevailing gap of empirical knowledge in the field. – Reproduced
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