The Institutional Settings for the Development of Public Services through State-Owned Enterprises in Brazil

The findings of this study make a timely contribution to the development of public services. Based on the institutional analysis and development (IAD) framework, this study analyzes under which institutional settings state-owned enterprises (SOEs) can be social and financial options for public servi...

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Bibliographic Details
Published inInternational journal of public administration Vol. 41; no. 1; pp. 59 - 71
Main Authors Silvestre, Hugo Consciência, Gomes, Ricardo Corrêa, Miorin Gomes, Ricardo
Format Journal Article
LanguageEnglish
Published New York Routledge 02.01.2018
Marcel Dekker, Inc
Subjects
Brazil
Centralization
Corruption
institutional analysis and development framework
Markets
Mismanagement
multi-case study
Public enterprise
Public finance
Public services
Research design
Social development
state-owned enterprises
Value
Brazil
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Summary:The findings of this study make a timely contribution to the development of public services. Based on the institutional analysis and development (IAD) framework, this study analyzes under which institutional settings state-owned enterprises (SOEs) can be social and financial options for public service provision in Brazil. Applying a multi-case research design, this study's findings show that SOEs can be a suitable option for Brazilian social and financial development when: markets are weak or noncompetitive; if few decisional players act; if political interference is minimized regarding operational decisions; and if corporate control is effective to avoid mismanagement and corruption. Brazilian SOEs are effective economic and social tools, but they need to peroxide value improve their corporate control (in the case of Petrobras) and strategic centralization decisions (in the case of Eletrobrás) .
ISSN:0190-0692
1532-4265
DOI:10.1080/01900692.2016.1247368