000			01429pab a2200169 454500
008			180718b2017 xxu||||| |||| 00| 0 eng d
100			_aStafford, Anne
245			_aExamining the use of corporate governance mechanisms in public-private partnerships: why do they not deliver public accountability?
260			_c2017
300			_ap.378-391.
362			_aSep
520			_aThe paper examines corporate governance mechanisms which aim to ensure financial accountability in the context of long-term Public-Private Partnership (PPP) contracts in Britain, and assesses the degree to which they provide taxpayers with control and accountability. The corporate governance arrangements are drawn from the private sector, and therefore downplay the traditional concepts of probity and stewardship, in part due to the British Treasury's adoption of private sector financial reporting. The paper draws on Shaoul et al.'s (2012a) governance-based reporting framework to critique the corporate governance mechanisms of structure, financial reporting, contracts, and scrutiny in relation to British PPP projects. It shows that the way these mechanisms are set up means there is a lack of control by the public sector, thus rendering public accountability ineffective. - Reproduced.
650			_aPublic private partnerships
700			_aStapleton, Pamela
773			_aAustralian Journal of Public Administration
909			_a116258
999			_c116252 _d116252