000 01265pab a2200157 454500
008 180718b2001 xxu||||| |||| 00| 0 eng d
100 _aKoppell, Jonathan G.S.
245 _aHybrid organizations and the alignment of interests: the case of Fannie Mae and Freddie Mac
260 _c2001
300 _ap.468-82
362 _aJul-Aug
520 _aThis article explores the political influence of government-sponsored enterprises (GSEs). Using Congress's overhaul of the regulatory infrastructure for Fannie Mae and Freddie Mac as a case study, the article presents two principal findings: (1) The characteristics that distinguish government-sponsored enterprises from traditional government agencies and private companies endow Fannie Mae and Freddie Mac with unique political resources; and (2) the alignment of interest groups around Fannie Mae and Freddie Mac is subject to strategic manipulation by the GSEs. A triangular model of this alignment is proposed and employed to analyze the legislative outcome. The case has implications for students of organizational theory as well as policy makers considering the use of GSEs or other hybrid organizations. - Reproduced
650 _aPublic sector
773 _aPublic Administration Review
909 _a49753
999 _c49753
_d49753