Proceedings of The 12th International Conference on Modern Research in Management, Economics and Accounting
The Value of the Public Sector Governance
Public sector governance constitutes a focal point in the public debate, as it relates directly with public entities’ accountability and citizens’ expectations for effectiveness and quality of the public services. Despite its numerous citations, the concept of “public sector governance” is relatively new and a direct transfer of the most common corporate governance principles does not suffice, as totally different actors, stakeholders and interests prevail. Aim of this paper is to present a conceptual framework that examines key constituents of public sector governance theories, mostly in the context of the public value paradigm, emphasizing the role of the political environment.
Keywords: public value, political control, governance.