Publication
Title
Using financial management techniques within public sector organizations, does result control matter? A heterogeneous choice approach
Author
Abstract
Using a principal-agent framework and multi-country survey data of over 400 public sec-tor organizations, this article examines the effect of result control on the use of fnancial manage-ment techniques in public sector organizations. In order to avoid invalid conclusions, we test for heteroskedasticity and model residual vari-ance using a heterogeneous choice model. This model yields important insights into the effect of result control that would be overlooked in a mis-specifed ordered logit model. Our fndings reveal that result control matters, although size and pri-mary task of the organization also prove to be determinants of the use of fnancial management techniques. Within the context of the continuous attempts being made to improve public sector performance, policy makers should thus devel-op different strategies for different (individual) agencies, while relying on a strong ex-post result control, when they want to stimulate the use of fnancial management techniques.
Language
English
Source (journal)
Transylvanian review of administrative sciences
Publication
2014
Volume/pages
Special issue(2014), p. 202-222
ISI
000348175400012
Full text (publisher's version - intranet only)
UAntwerpen
Faculty/Department
Research group
Publication type
Subject
External links
Web of Science
Record
Identification
Creation 03.03.2016
Last edited 02.05.2017
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