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Evaluating the performance of local SoEs as output‐maximizing entities: The case of Friuli Venezia Giulia
Annals of Public and Cooperative Economics ( IF 1.679 ) Pub Date : 2020-09-17 , DOI: 10.1111/apce.12286
Antonio Massarutto 1 , Andrea Garlatti 1 , Stefano Miani 1 , Ernesto Cassetta 1 , Silvia Iacuzzi 1
Affiliation  

Publicly owned private‐law organizations represent a sort of a hybrid between pure‐public and pure‐private management forms, and a rather successful one, at least if one considers the ongoing success that such organizations encounter in many European countries, especially at the local level. Economic theory has devoted scant attention to the reasons that may confer a competitive advantage to public enterprises, vis‐à‐vis both entirely privatized companies and traditional public bureaucracies. The paper develops a conceptual framework to systematically evaluate the performances of local SoEs in relation to their ability to achieve policy goals. By considering SoEs as output‐maximizing organizations rather than profit‐maximizing ones, the proposed approach entails an interactive dialogue between evaluators, policymakers and managers to deliver better evaluation outcomes. The methodology is applied to assess the performance of a sample of local SoEs owned by the Region Friuli Venezia Giulia in Italy in an effort to support policymakers in deciding whether to maintain its shareholding participations or divest them, that is, privatizing the public services involved.

中文翻译:

评估本地国有企业作为产出最大化实体的绩效:以弗留利·威尼斯·朱利亚(Friuli Venezia Giulia)为例

公有的私法组织代表的是纯公共管理形式与纯私有管理形式之间的混合体,并且是相当成功的,至少要考虑到这样的组织在许多欧洲国家(尤其是在当地)所遇到的持续成功等级。相对于完全私有化的公司和传统的公共官僚机构,经济学理论很少关注那些可能给公共企业带来竞争优势的原因。本文建立了一个概念框架,以系统地评估本地国有企业与实现政策目标的能力有关的绩效。通过将SoE视为实现产出最大化的组织,而不是实现利润最大化的组织,建议的方法需要评估人员之间进行互动对话,政策制定者和管理者,以提供更好的评​​估结果。该方法适用于评估意大利弗留利·威尼斯·朱利亚地区(Friuli Venezia Giulia)拥有的本地国有企业样本的绩效,以支持决策者决定是维持其股份参股还是剥离他们的股权,即将所涉及的公共服务私有化。
更新日期:2020-09-17
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