Does dispersed public ownership impair effciency? : (Record no. 25637)
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| 000 -LEADER | |
|---|---|
| fixed length control field | 01662naa a2200181uu 4500 |
| 001 - CONTROL NUMBER | |
| control field | 8013114482810 |
| 003 - CONTROL NUMBER IDENTIFIER | |
| control field | OSt |
| 005 - DATE AND TIME OF LATEST TRANSACTION | |
| control field | 20190211163422.0 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION | |
| fixed length control field | 080131s2008 xx ||||gr |0|| 0 eng d |
| 999 ## - SYSTEM CONTROL NUMBERS (KOHA) | |
| Koha Dewey Subclass [OBSOLETE] | PHL2MARC21 1.1 |
| 041 ## - LANGUAGE CODE | |
| Language code of text/sound track or separate title | eng |
| 100 1# - MAIN ENTRY--PERSONAL NAME | |
| Personal name | SORENSEN, Rune J |
| 9 (RLIN) | 33619 |
| 245 10 - TITLE STATEMENT | |
| Title | Does dispersed public ownership impair effciency? : |
| Remainder of title | the case of refuse collection in Norway |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. | |
| Place of publication, distribution, etc. | Malden, MA : |
| Name of publisher, distributor, etc. | Blackwell Publishers, |
| Date of publication, distribution, etc. | December 2007 |
| 520 3# - SUMMARY, ETC. | |
| Summary, etc. | Corporate governance theory suggests that companies with dispersed and indirect ownership suffer from agency costs. A worst case is where several political authorities jointly own a company, which allows managers to operate with inferior efficiency. In political economy, the manager is not the major agency problem. Elected politicians may impair efficiency to improve their re-election prospects. Since politicians have less influence in jointly owned firms, such companies are expected to perform better than those owned by a single public authority. |
| 520 3# - SUMMARY, ETC. | |
| Summary, etc. | Consistent with corporate governance but not political economy the empirical analysis suggests that dispersed municipal ownership impairs cost efficiency. In the Norwegian case of municipal refuse collection presented here, costs of dispersed ownership often outstrip gains from economies of scale. Use of jointly owned companies is not necessarily a proper response to efficiency problems inherent a fragmented local government structure |
| 773 08 - HOST ITEM ENTRY | |
| Title | Public Administration : an international quarterly |
| Related parts | 85, 4, p. 1045-1058 |
| Place, publisher, and date of publication | Malden, MA : Blackwell Publishers, December 2007 |
| International Standard Serial Number | ISSN 00333298 |
| Record control number | |
| 942 ## - ADDED ENTRY ELEMENTS (KOHA) | |
| Koha item type | Periódico |
| 998 ## - LOCAL CONTROL INFORMATION (RLIN) | |
| -- | 20080131 |
| Operator's initials, OID (RLIN) | 1448^b |
| Cataloger's initials, CIN (RLIN) | Tiago |
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