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  • Articles  (712)
  • Blackwell Publishers Ltd  (488)
  • Blackwell Publishing Ltd  (200)
  • De Gruyter Open  (24)
  • American Institute of Physics (AIP)
  • Political Science  (712)
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  • 1
    Publication Date: 2018-03-06
    Description: Journal Name: European Spatial Research and Policy Volume: 24 Issue: 2 Pages: 59-75
    Print ISSN: 1231-1952
    Electronic ISSN: 1896-1525
    Topics: Geography , Political Science
    Published by De Gruyter Open
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  • 2
    Publication Date: 2018-03-06
    Description: Journal Name: European Spatial Research and Policy Volume: 24 Issue: 2 Pages: 77-91
    Print ISSN: 1231-1952
    Electronic ISSN: 1896-1525
    Topics: Geography , Political Science
    Published by De Gruyter Open
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  • 3
    Publication Date: 2018-03-06
    Description: Journal Name: European Spatial Research and Policy Volume: 24 Issue: 2 Pages: 93-110
    Print ISSN: 1231-1952
    Electronic ISSN: 1896-1525
    Topics: Geography , Political Science
    Published by De Gruyter Open
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  • 4
    Publication Date: 2018-03-06
    Description: Journal Name: European Spatial Research and Policy Volume: 24 Issue: 2 Pages: 5-16
    Print ISSN: 1231-1952
    Electronic ISSN: 1896-1525
    Topics: Geography , Political Science
    Published by De Gruyter Open
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  • 5
    Publication Date: 2018-03-06
    Description: Journal Name: European Spatial Research and Policy Volume: 24 Issue: 2 Pages: 39-57
    Print ISSN: 1231-1952
    Electronic ISSN: 1896-1525
    Topics: Geography , Political Science
    Published by De Gruyter Open
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  • 6
    Publication Date: 2018-03-06
    Description: Journal Name: European Spatial Research and Policy Volume: 24 Issue: 2 Pages: 17-38
    Print ISSN: 1231-1952
    Electronic ISSN: 1896-1525
    Topics: Geography , Political Science
    Published by De Gruyter Open
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  • 7
    Publication Date: 2018-03-06
    Description: Journal Name: European Spatial Research and Policy Volume: 24 Issue: 2 Pages: 145-166
    Print ISSN: 1231-1952
    Electronic ISSN: 1896-1525
    Topics: Geography , Political Science
    Published by De Gruyter Open
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  • 8
    Publication Date: 2018-03-06
    Description: Journal Name: European Spatial Research and Policy Volume: 24 Issue: 2 Pages: 111-125
    Print ISSN: 1231-1952
    Electronic ISSN: 1896-1525
    Topics: Geography , Political Science
    Published by De Gruyter Open
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  • 9
    Publication Date: 2018-03-06
    Description: Journal Name: European Spatial Research and Policy Volume: 24 Issue: 2 Pages: 127-144
    Print ISSN: 1231-1952
    Electronic ISSN: 1896-1525
    Topics: Geography , Political Science
    Published by De Gruyter Open
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  • 10
    Publication Date: 2018-03-06
    Description: Journal Name: European Spatial Research and Policy Volume: 24 Issue: 2 Pages: 167-190
    Print ISSN: 1231-1952
    Electronic ISSN: 1896-1525
    Topics: Geography , Political Science
    Published by De Gruyter Open
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  • 11
    Publication Date: 2016-07-12
    Description: Journal Name: European Spatial Research and Policy Volume: 23 Issue: 1 Pages: 5-19
    Print ISSN: 1231-1952
    Electronic ISSN: 1896-1525
    Topics: Geography , Political Science
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  • 12
    Publication Date: 2016-07-12
    Description: Journal Name: European Spatial Research and Policy Volume: 23 Issue: 1 Pages: 21-46
    Print ISSN: 1231-1952
    Electronic ISSN: 1896-1525
    Topics: Geography , Political Science
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  • 13
    Publication Date: 2016-07-12
    Description: Journal Name: European Spatial Research and Policy Volume: 23 Issue: 1 Pages: 65-79
    Print ISSN: 1231-1952
    Electronic ISSN: 1896-1525
    Topics: Geography , Political Science
    Published by De Gruyter Open
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  • 14
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    De Gruyter Open
    Publication Date: 2016-07-12
    Description: Journal Name: European Spatial Research and Policy Volume: 23 Issue: 1 Pages: 47-64
    Print ISSN: 1231-1952
    Electronic ISSN: 1896-1525
    Topics: Geography , Political Science
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  • 15
    Publication Date: 2016-07-12
    Description: Journal Name: European Spatial Research and Policy Volume: 23 Issue: 1 Pages: 81-109
    Print ISSN: 1231-1952
    Electronic ISSN: 1896-1525
    Topics: Geography , Political Science
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  • 16
    Publication Date: 2016-07-12
    Description: Journal Name: European Spatial Research and Policy Volume: 23 Issue: 1 Pages: 111-126
    Print ISSN: 1231-1952
    Electronic ISSN: 1896-1525
    Topics: Geography , Political Science
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  • 17
    Publication Date: 2016-01-23
    Description: Journal Name: European Spatial Research and Policy Volume: 22 Issue: 2 Pages: 57-71
    Print ISSN: 1231-1952
    Electronic ISSN: 1896-1525
    Topics: Geography , Political Science
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  • 18
    Publication Date: 2016-01-23
    Description: Journal Name: European Spatial Research and Policy Volume: 22 Issue: 2 Pages: 37-56
    Print ISSN: 1231-1952
    Electronic ISSN: 1896-1525
    Topics: Geography , Political Science
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  • 19
    Publication Date: 2016-01-23
    Description: Journal Name: European Spatial Research and Policy Volume: 22 Issue: 2 Pages: 9-35
    Print ISSN: 1231-1952
    Electronic ISSN: 1896-1525
    Topics: Geography , Political Science
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  • 20
    Publication Date: 2016-01-23
    Description: Journal Name: European Spatial Research and Policy Volume: 22 Issue: 2 Pages: 93-110
    Print ISSN: 1231-1952
    Electronic ISSN: 1896-1525
    Topics: Geography , Political Science
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  • 21
    Publication Date: 2016-01-23
    Description: Journal Name: European Spatial Research and Policy Volume: 22 Issue: 2 Pages: 73-92
    Print ISSN: 1231-1952
    Electronic ISSN: 1896-1525
    Topics: Geography , Political Science
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  • 22
    Publication Date: 2016-01-23
    Description: Journal Name: European Spatial Research and Policy Volume: 22 Issue: 2 Pages: 111-125
    Print ISSN: 1231-1952
    Electronic ISSN: 1896-1525
    Topics: Geography , Political Science
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  • 23
    Publication Date: 2016-01-23
    Description: Journal Name: European Spatial Research and Policy Volume: 22 Issue: 2 Pages: 127-145
    Print ISSN: 1231-1952
    Electronic ISSN: 1896-1525
    Topics: Geography , Political Science
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  • 24
    Publication Date: 2016-07-12
    Description: Journal Name: European Spatial Research and Policy Volume: 23 Issue: 1 Pages: 127-139
    Print ISSN: 1231-1952
    Electronic ISSN: 1896-1525
    Topics: Geography , Political Science
    Published by De Gruyter Open
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  • 25
    Electronic Resource
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    Oxford, UK : Blackwell Publishing Ltd
    Public administration 81 (2003), S. 0 
    ISSN: 1467-9299
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Political Science , Economics
    Notes: How are government policy commitments converted into legislation and what happens in the conversion? The role of civil servants in preparing legislation is far more important than is generally assumed. By looking at the work of four recent bill  teams in Britain – teams of civil servants given the task of developing Acts of Parliament – their crucial roles in initiating policies, placing them on the political agenda (even helping secure their place in a party manifesto), developing them, making sure they pass through parliament and enacting them once they have reached the statute books are assessed. The article explores the composition and working methods of bill teams. These teams work with considerable autonomy in developing legislation, but it cannot be assumed that they operate outside ministerial control. Teams see themselves as reflecting the priorities of the government in general and their ministers in particular. Yet ministers typically know relatively little about the law they are bringing in until they receive the submissions and briefings from their officials. Perhaps the biggest danger for democracy is not a civil service putting forward proposals which a minister feels forced to accept, but rather that ministers do not notice or fully appreciate what is being proposed in their name despite having the political authority to change it and a civil service which bends over backwards to consult and accommodate them.
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  • 26
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    Oxford, UK and Boston, USA : Blackwell Publishing Ltd
    Public administration 81 (2003), S. 0 
    ISSN: 1467-9299
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Political Science , Economics
    Notes: This article examines the use of ‘new’ environmental policy instruments (NEPIs), particularly market-based instruments (for example, eco-taxes) and voluntary agreements, in the European Union (EU). It focuses on the actor motivation behind the recent increase in the adoption of new and innovative instruments in EU (and member state) environmental policies while also taking account of the external international arena. The article assesses whether new ideas put forward by policy entrepreneurs, such as member governments, EU institutions, expert groups and non-governmental organizations (NGOs), are the main motivation behind the EU adoption of NEPIs, or whether market and harmonization pressures are the main driving forces. It concentrates on eco-taxes, voluntary agreements and eco-labels, using the following three theoretical perspectives: (1) policy learning and transfer/ideational; (2) garbage can; and (3) institutional approaches.
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  • 27
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    Oxford, UK and Boston, USA : Blackwell Publishing Ltd
    Public administration 81 (2003), S. 0 
    ISSN: 1467-9299
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Political Science , Economics
    Notes: The consistent failure to match EU market integration with social policies provoked the development of new modes of European governance for welfare provision in the early 1990s. Based on policy co-ordination rather than integration, these new governance modes were consolidated as the ‘Open Method of Co-ordination’ (OMC) at the Lisbon Summit in 2000. This article analyses the scope and limits of the OMC, locating it in the context of broader trends and tendencies in governance and social provision. Indeed, the perceived ‘success’ of the OMC may reflect a deeper trend in social policy across western Europe and beyond, towards ‘active’ welfare policies. In many ways the OMC is consistent with the influential ‘regulatory state’ vision of the EU. Yet by ‘activating’ welfare the OMC may challenge market liberal theories of European economic regulation. The first seeks to integrate economic and social policies while the latter is premised on their separation.
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  • 28
    Electronic Resource
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    Oxford, UK and Boston, USA : Blackwell Publishing Ltd
    Public administration 81 (2003), S. 0 
    ISSN: 1467-9299
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Political Science , Economics
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  • 29
    Electronic Resource
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    Oxford, UK and Boston, USA : Blackwell Publishing Ltd
    Public administration 81 (2003), S. 0 
    ISSN: 1467-9299
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Political Science , Economics
    Notes: Private companies become like public agencies because competition for contracts is keen and they must be perceived by the contacting agent, government, as being agreeable with the government's demands in order to be contracted with again. Government makes suggestions, sets requirements, and provides recommendations to private companies which, over time, cause the private companies/facilities to look more and more like government agencies – and company managers are left pressed between their need to re-contract and the business instincts and acumen for which they’ve presumably been contracted with in the first place.This paper will briefly visit the common arguments for and against privatization. Additionally, the results of a limited study of the effect of publicization on private prison companies operating nationally in the US will be examined.
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  • 30
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    Oxford, UK : Blackwell Publishing Ltd
    Public administration 81 (2003), S. 0 
    ISSN: 1467-9299
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Political Science , Economics
    Notes: The aim is of this paper is to conduct an exploratory study into the use of Balanced Scorecards as an approach to implementing Best Value in UK local government. Furthermore, a participant-observation method is used to study the development into a Balanced Scorecard within local government.There is a need to critically evaluate approaches to implementing Best Value so that local government can determine how to achieve the service performance levels laid down in the framework. There is a paucity of systematic studies exploring and critiquing the effectiveness of using the Balanced Scorecard in Best Value implementation. The paper describes an exploratory multiple case research study followed by longitudinal participant-observer research on Balanced Scorecard development in a Best Value context. The findings show that the Balanced Scorecard can play a key role in Best Value implementation. Moreover it is also useful in linking other improvement initiatives. However, the Balanced Scorecard process must be informed by organizational and environmental information that is both accurate and adequate. The audit functions of the Business Excellence Model go some way to providing this information.
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  • 31
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    Oxford, UK and Boston, USA : Blackwell Publishing Ltd
    Public administration 81 (2003), S. 0 
    ISSN: 1467-9299
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Political Science , Economics
    Notes: The European Union is experimenting with new, non-binding policy instruments in business taxation, namely a voluntary code of conduct among member states against harmful tax competition. This article raises the question to what extent can the code be considered a manifestation of the open method of coordination (OMC)? Is an open method (based on guidelines, peer review, best practice, benchmarking, learning and diffusion of shared beliefs among policy-makers) emerging as a new governance architecture in tax policy? If so, what can the code achieve in terms of policy learning and convergence? There are similarities between the code and the open method of coordination – especially with reference to guidelines, peer review, timetables and the identification of ‘worst practice’. However, the political logic of the code does not fit in well with the OMC aims of participatory governance and social learning. In terms of achievements, the code has contributed to the creation of a community of discourse and the diffusion of shared beliefs about what constitutes ‘acceptable’ and ‘harmful’ tax competition. Convergence at the level of discourse, however, should not be confused with convergence of actual tax policies in the member states.
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  • 32
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    Oxford, UK and Boston, USA : Blackwell Publishing Ltd
    Public administration 81 (2003), S. 0 
    ISSN: 1467-9299
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Political Science , Economics
    Notes: In this article, we address two main questions. First, we ask whether the alleged shift in the Commission's environmental ‘policy style’ from a traditional regulatory style towards a new style based on less impositional, more market-based and co-operative instruments has actually occurred in practice. We seek to answer this question (a) by employing content analysis to assess the policy instruments propagated by the Commission in both the Fourth and Fifth Environmental Action Programmes (EAP); and (b) by analysing legislative proposals introduced by the Commission in designated environmental policy fields (atmospheric pollution, waste, water). On the basis of the findings we argue that there is a discrepancy between what the Commission declares in the EAPs and what it proposes in practice. Moreover, in a second step, we highlight the factors which might make any major shift in the Commission's policy style difficult to achieve in order to account for this discrepancy.
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  • 33
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    Oxford, UK and Boston, USA : Blackwell Publishing Ltd
    Public administration 81 (2003), S. 0 
    ISSN: 1467-9299
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Political Science , Economics
    Notes: Books reviewed in this article:Camilla Stivers (ed.), Democracy, bureaucracy and the study of administrationJonathan S. Davies, Partnerships and regimes: the politics of urban regeneration in the UKSimon James and Virginia Preston (eds.), British politics since 1945. The dynamics of historical changeJenny Fleming and Ian Holland (eds.), Motivating ministers to moralityDavid Richards and Martin J. Smith, Governance and public policy in the UKMark Bovens, Paul 't Hart and B. Guy Peters (eds.), Success and failure in public governance: a comparative analysisAlistair Cole and Peter John, Local governance in England and France
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  • 34
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    Oxford, UK and Boston, USA : Blackwell Publishing Ltd
    Public administration 81 (2003), S. 0 
    ISSN: 1467-9299
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Political Science , Economics
    Notes: Five conceptual models of public service improvement are derived from the large literature on organizational effectiveness. These are the goal, systems-resource, internal process, competing values and multiple constituency models. The strengths and weaknesses of each of these models is evaluated and a working definition of improvement is proposed. This emphasizes that concepts and measures of public service improvement are political rather than technical, and contingent rather than universal. Conclusions are drawn on the implications for academic research and policy development.
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  • 35
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    Oxford, UK and Boston, USA : Blackwell Publishing Ltd
    Public administration 81 (2003), S. 0 
    ISSN: 1467-9299
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Political Science , Economics
    Notes: To understand governance, we ask who is telling the story from within which tradition. We argue there is no essentialist notion of governance but at least four conceptions each rooted in a distinctive tradition. The first section of the paper describes the relevant traditions: Tory, Liberal, Whig and Socialist. The second section describes the different notions of governance associated with each tradition; intermediate institutions, marketizing public services, reinventing the constitution and trust and negotiation. We explain these distinct conceptions of governance as responses to the dilemmas of inflation and state overload. In the conclusion, we summarize how and why traditions change, concluding, there is no such thing as governance, but only the differing constructions of the several traditions.
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  • 36
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    Oxford, UK and Boston, USA : Blackwell Publishing Ltd
    Public administration 81 (2003), S. 0 
    ISSN: 1467-9299
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Political Science , Economics
    Notes: The article explores the evolution of competing views on state, administration and governance in Germany from an historical perspective, with an emphasis on the last five decades. To understand the governance discourse in Germany one has to start from different notions of the state. The first part therefore offers a brief, somewhat polemic, overview about different state traditions in Germany in the twentieth and twenty–first centuries. The second part looks at how discourses about the proper role, the appropriate structures and processes of the public sector and its interactions with its environment have changed during the history of the Federal Republic. The analytic focus is on the different narratives about administrative policies, understood as the various scenarios, assumptions and arguments on which competing policy–suggestions for the public sector have been based. The article argues that it is not sufficient to interpret the ups and downs of different discourses and Leitbilder as more or less erratic, post–modern fashions and fads. Instead, the line up of the central catch–phrases, from democratic via active and lean to the activating state, reflect learning processes, driven above all by the political competition creating a continuous demand for ‘better’, more appropriate narratives to guide and explain current policies.
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  • 37
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    Oxford, UK and Boston, USA : Blackwell Publishing Ltd
    Public administration 81 (2003), S. 0 
    ISSN: 1467-9299
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Political Science , Economics
    Notes: This article explores the basic traditions of governance in contemporary France and the narratives of public sector reform associated with them. It should be stressed right from the outset that this article does not aim to describe the set of public sector reforms that have been implemented in France in the last ten years or so. Instead, the aim is to demonstrate the similarities and differences between the narratives of the left and the right with regard to these reforms and to show how these narratives help to explain the types of reform that have been enacted. The basic argument is that there is a certain commonality to both the left and the right with regard to their narratives of public sector reform. At the same time, though, there are differences of emphasis both within each tradition and between the two main traditions themselves. Except where indicated, all translations are the author's own.
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  • 38
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    Oxford, UK and Boston, USA : Blackwell Publishing Ltd
    Public administration 81 (2003), S. 0 
    ISSN: 1467-9299
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Political Science , Economics
    Notes: This article revisits the country case studies and seeks to answer two questions. What are the strengths and weaknesses of an interpretive approach? What lessons can we draw from our analysis of public sector reform? To assess an interpretive approach, we discuss: the issues raised in identifying beliefs; the meaning of explanation; how to select traditions; the shift from prediction to informed conjecture and policy advice as storytelling. To assess the lessons, we outline our preferred story of public sector reform. We seek to show that an interpretive approach produces insights for students of public administration. We argue it remains feasible to give policy advice to public sector managers by telling them stories and providing rules of thumb (proverbs) to guide managerial practices.
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  • 39
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    Oxford, UK : Blackwell Publishing Ltd
    Public administration 81 (2003), S. 0 
    ISSN: 1467-9299
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Political Science , Economics
    Notes: This paper presents empirical and theoretical analysis of the enactment of New Public Management (NPM) within the UK police service. It draws on empirical material gathered in a two-year study that explores the ways in which individual policing professionals have responded to, and received, the NPM discourse. Theoretically informed by a discursive approach to organizational analysis, the paper focuses on the new subject positions promoted within NPM that serve to challenge traditional understandings of policing organization and identities. The paper examines the implications of this for policies that promote community orientated policing (COP) and increased inter-agency partnership. The paper argues that the promotion of a more progressive form of policing, based on community orientation and equality principles, may struggle to gain legitimacy within the current performance regime that legitimizes a competitive masculine subjectivity, with its emphasis on crime fighting.
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    Oxford, UK : Blackwell Publishing Ltd
    Public administration 81 (2003), S. 0 
    ISSN: 1467-9299
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Political Science , Economics
    Notes: Greater fiscal transparency is seen by its advocates as a means of improving economic governance arrangements in ways which, by promoting fiscal stability, will in turn improve the functioning of the government sector and facilitate improvements in the economic environment for the private sector. ‘Fiscal transparency’ is much acclaimed by policy-makers, not only in the UK Treasury but also by the IMF and OECD. Fiscal transparency can have substance or can just be voguish incantation. This article explores the meaning of fiscal transparency, by examining its structure and evaluating criteria for assessing the degree of fiscal transparency attached to particular sets of circumstances. It explores the link between transparency and accountability, developing the distinction between event and process transparency. Consideration is given to the trade-off between the value of sunlight (to employ an analogy) and the danger of over-exposure. The performance of the United Kingdom against emerging international best practice is examined, with regard to both public expenditure and taxation. By international standards, UK fiscal transparency is high. Nevertheless, there is a major gap between UK rhetoric and practice, indicating a  divergence between nominal and effective transparency. This is evidenced by: frequent changes in public expenditure definitions; the non-publication of important analyses; the location of certain liabilities ‘off-balance sheet’; and a lack of candour about tax policy.
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    Public administration 81 (2003), S. 0 
    ISSN: 1467-9299
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Political Science , Economics
    Notes: In recent years a growing number of scholars have developed cognitive and ideational theoretical frameworks for the analysis of policy-making processes: their underlying belief is that ideas (conceived as beliefs, causal theories and paradigms) really do matter. The concept of policy paradigm has been particularly useful in studying both the contents and dynamics of policy change. The present paper takes this concept, partially reformulates Hall's definition in terms of the distinction between the hegemonic and dominant paradigm, and then uses it to come to terms with the contents and dynamics of the Italian administrative reforms implemented during the 1990s. Mixing the conceptual lenses offered by the ideational and cultural path taken in the field of public policy and by historical neo-institutionalism, this article attempts to explain the Italian trajectory, and to underline how normative and cognitive elements represent an important influence on the ‘design’ and ‘strategy’ of policy change. Our analysis of the consistency of the reformers’ documents and policy strategy shows that, despite their claims, the contents and strategy of reform do not represent a paradigmatic about-turn, but constitute an evolutionary adaptation to external pressures imposed by the hegemonic administrative paradigm.
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    Public administration 81 (2003), S. 0 
    ISSN: 1467-9299
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Political Science , Economics
    Notes: The twin processes of Europeanization and Transition provide significant opportunities for the development of Public Administration education in Europe and provide a possibility to further the ‘emancipation’ of the discipline. In terms of Europeanization, the increasing challenges of politico-administrative interaction between national administrations and the institutions of the European Union illustrate that it is essential for Public Administration graduates to acquire an informed understanding of both the European context of policy-making and of the administrative organization and culture of other member states and countries associated with the EU. As a second element, the transition process in Central and Eastern European states could provide the discipline with further impetus to search for its own identity and approach in a European context. This article reviews the key findings of the results of the comprehensive inventories undertaken by the SOCRATES Thematic Network in Public Administration with regard to the current direction in which Public Administration education in Europe is moving. It addresses whether attention to European issues is reflected in the curriculum as well as links with the profession and whether cross-fertilization between the development of new programmes in the transition states and PA academic programmes in the EU member states has actually occurred.
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    Public administration 81 (2003), S. 0 
    ISSN: 1467-9299
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    Topics: Political Science , Economics
    Notes: In the public sphere, a management by measurement (MBM) movement can be traced. Practitioners attempt to strengthen the transparency and effectiveness of administrative systems by introducing rational measurement cycles. When issues are managed, ambitions must be stated, options must be assessed, optimal options must be chosen and performance must be monitored and evaluated. This cycle rests upon assumptions that are often untenable. When issues are ambiguous, interpretative spaces exist; when interpretative spaces exist, strict measurement cycles do not work because required conditions and assumptions cannot be met. This article explores the nature of interpretative spaces by identifying three types of public management practice. In this typology of public management, practices differ in terms of the extent to which issues can be classified, as well as the extent to which standards are contested. Management by measurement fits canonical practices where issues are known and standards are shared, it is argued, but is less appropriate for evaluating non-canonical practices and practices-in-transition where such a classification of issues is weak and consensus on standard is absent. MBM focuses on data; the other practices require dialogue in order to manage ambiguity and interpretative spaces.
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    Notes: Books reviewed:Peter John Perry, Political Corruption in Australia - A Very Wicked Place?Colin Hay (ed.), British Politics TodayPeter McLaverty (ed.), Public Participation And Innovations in CommunityGovernanceIan Neary, The State And Politics in JapanGarrett FitzGerald, Reflections on The Irish StateMadeleine O. Hosli, Adrian M.A. van Deemen and Mika Widgrén (eds), Institutional Challenges in the European UnionColin Rallings, Michael Thrasher and James Downe, One Vote One Value: Electoral Re Districting in English Local GovernmentEran Vigoda (ed.), Public Administration: An Interdisciplinary CriticalAnalysisPeter Drahos with John Braithwaite, Information Feudalism: Who Owns the Knowledge Economy?Pietro S. Nivola, Tense Commandments: Federal Prescriptions and CityProblems
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    Notes: Jones and Baumgartner's punctuated equilibrium model of agenda change has reinvigorated decision-making theory; moreover their US budget project offers a set of techniques to apply to UK data. We replicate the method by plotting percentage budget changes in central government budgets to see whether the distribution is normally distributed as predicted by the incrementalist account or leptokurtic as hypothesized by the punctuated equilibrium model. Taking the period 1951–96, we create 405 data points from budget changes from the National Income Accounts (‘Blue Book’) on agriculture, defence, social security, education, health, housing, industry, law and order and transport, all adjusted using the GDP deflator at factor cost. We find that the budget changes form a leptokurtic distribution. Such a pattern appears in most policy sectors.
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    Notes: How does the non-executant state ensure that its agents are fulfilling their obligations to deliver nationally determined policies? In the case of elected local government in England and Wales, this function is carried out by the Audit Commission (AC) for Local Authorities and the Health Service for England and Wales. Since being established in 1983, it is the means by which local authorities are held to account by central government, both for its own purposes and on behalf of other interested stakeholders.Although the primary function of the AC is to ensure that local authorities are fulfilling their obligations, it does so by using different methods. By acting as a regulator, an independent expert, an opinion former and a mediator, the AC steers local authorities to ensure that they are compliant with the regulatory regime and are implementing legislation properly.
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    Notes: Critiques of policy networks have highlighted particularly the inability of concepts such as policy communities to explain policy change. The established construction of policy community places it chiefly as a metaphor for a relatively stable network within the policy process, which emphasizes the resource dependencies between key stakeholders. Typically, a process of bargaining brings about accommodation and a state of negotiated order.However, a key problem arises in explaining major policy change where an established policy community persists. One solution here is to appreciate that, over time, dominant ideas and associated policy meanings may shift appreciably within an otherwise durable policy community. Thus, even a seemingly insulated policy community, under certain conditions, may not be immune to idea mutation and new policy meanings. Given the central importance of policy communities, these shifts may induce significant policy change.A case study of this type is provided by the Oxford Transport Strategy (OTS), where a dual process of change took place. On one level of analysis, a challenge to the policy community produced a typical bargaining strategy, with an emphasis on negotiated order. On another level of analysis, however, the terms of the policy debate shifted markedly, and produced a new meaning for the key concept of integrated transport within the policy community. In turn, this process induced significant policy change. The article concludes that, ironically, the survival of a policy community depends on its ability to re-create itself by visualizing a new future.
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    Notes: Three societies with similar initiatives for public service re-configuration and reform – the UK, Canada and Australia – are examined to highlight the many-faceted issues of public service ethics and the different approaches these governments have taken to re-building public trust and enhancing public service ethics in times of rapid change. These efforts for re-building an ethical public service are scrutinized according to four criteria for effectively leading change. Changes of public service values are also analysed as well as their implications for public servants.Effectively, applied leadership is identified as the pillar of ethical practice – emphasizing the need for quality leadership development through on-the-job experience. Although legislation and codification are seen as necessary for building an ethical infrastructure that can help employees out of encountered dilemmas, the way forward is seen as nurturing an environment of trust and vigilance in which ethics are promoted through exemplary behaviour of leaders and employees alike.
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    Notes: This article will explore the proposition that cabinet government is dead by examining the different ways in which cabinet government is conceptualized and by suggesting that the lack of precision in the debates has undermined much of the criticism. It will seek to draw the strands of research together in a way that can emphasize how cabinet government has evolved while remaining at the core of government. The article will draw evidence from three countries, Australia, Canada and Britain, in each of which, despite the common heritage, cabinet has evolved in different ways.
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    Notes: Since the 1990s there has been a long-standing concern in government towards public sector accountability, management, efficiency and service delivery. A number of studies have attempted to analyse the multitude of individual changes and their manifestations through analyses based on a variety of institutional, policy and governmental distinctions. This paper attempts to specify the changes with particular reference to planning, and to consider the evolution of the public service ethic in planning towards more openness, scrutiny, transparency and efficiency with particular reference to the changing ethos of the professional employee. We first explore the  main impacts upon local government, the public service ethic and professional planning as a consequence of the Modernization agenda and freedoms and flexibilities initiative. We then look at how such changes have impacted upon the ethos and values in public service and planning. We draw on some evidence of Ombudsman cases to highlight issues of professional values in planning practice over the past decade before finally drawing these strands together in some conclusions. Our principal findings indicate that the much-trumpeted decline of services and standards may not have been as apparent as is sometimes portrayed and that internal professional attitudes and values towards the external changes may not have significantly altered over the same period.
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    Notes: Inspired by New Public Management, many countries have changed their central public apparatus from an integrated to a more segregated structural model. A central element in this process is structural devolution and the establishment of new or reorganized state-owned companies with increased business autonomy and new formal control systems. This paper focuses on how this development, as exemplified by the case of Norway, is affecting the role of central executive political and administrative leaders. The study, based on elite interviews, shows that corporatization has made the role of central leaders more complex and ambiguous and undermined traditional political control. We interpret this development from a transformative perspective, underlining how structural devolution is filtered through the dynamic context of environmental pressure and internal structural and cultural factors; in addition, experiences from New Zealand are used to contrast the Norwegian case.
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    Notes: A dialectical model of policy networks is deployed to analyse policy change in the area of GM crops in the UK. The model uses an analysis of the interaction between agents and structure, network and context and network and outcomes to understand and explain how policy change has occurred. A key advantage of the model is that it increases understanding of network transformation, explanation of which has been an alleged weakness of the policy network approach. However, this case study does throw up some weaknesses with the model, including the tendency of the model to emphasize the role of ‘insider’ agents and downplay the role of ‘outsiders’ in the policy process.
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    Notes: Public management reforms at the local (community) and regional (canton) level in Switzerland almost all embrace elements of the new public management. In addition, in Switzerland, the merging of small communities as well as new developments such as electronic government are becoming apparent. The new public management model has been adapted for Swiss needs according to the perception of decision makers on problems that require solution in a Swiss context. NPM has developed, therefore, into rather different models in practice, aimed at the solution of these diverse problems. Foreign examples, such as the Dutch Tilburg Model and the German Neues Steuerungsmodell, played a major role at the start of this process, but have continuously lost their influence as actual models to be emulated. The most outstanding peculiarities of the Swiss reforms are an early and subsequent outcome focus together with the strong influence of direct democracy.
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    Notes: This article, part of a sequence of comparative articles on local government reforms in The Netherlands, Switzerland and Germany, describes and analyses the recent public management reforms at the local level of Germany. After an overview about the constitutional framework of local self government and the reform waves of the last decades, the paper concentrates on the ‘new steering model’ as the German variant of NPM. The article shows the short history of this reform movement, describes the main elements of the reform concept and explains some of the causes, forces and actors of implementation. It goes on to discuss the present status of implementation, explains several shortcomings of the concept, and presents the – very limited – empirical evidence of achieved results. Finally, the paper draws some conclusions from a comparative view on the similarities and differences of local management reforms in Germany and the two other countries.
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    Notes: Books reviewed in this article:B. Guy Peters and Jon Pierre (eds.), Politicians, bureaucrats and administrative reformHugh Atkinson and Stuart Wilks-Heeg, Local government from Thatcher to Blair: the politics of creative autonomyAlex Wright (ed.), Scotland: the challenge of devolutionChristopher Hood, Henry Rothstein and Robert Baldwin, The government of risk: understanding risk regulation regimesAlison Young, The politics of regulation: privatized utilities in Britain
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    Notes: The United States is commonly referred to as the last global superpower, exercising unrivalled political, economic, military and social influence. Yet, paradoxically, unlike any other nation, Americans were – and remain – radically antistatist. Until roughly the twentieth century the United States did not want, need, nor create a powerful administrative state to govern itself, let alone others abroad. This essay explores that peculiar paradox, namely how Americans govern as the last global superpower today, yet retain an inherently fierce hostility to government. The thesis that is developed argues that it is a deep–rooted reformist faith which ultimately shapes US statecraft as a unique style of reformcraft, with both benign and not–sobenign consequences.
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    Notes: This article examines the emergent identity and impact of devolution in Scotland. Using the case of community care for the elderly, a model is set out for capturing the different interpretive perspectives evident in relation to a particular policy area in 1999–2001. The political story of the ‘free personal care’ issue, in which the Scottish Executive were unexpectedly forced into adopting a markedly different policy from the rest of the UK, is examined in some detail. Setting the episode in a broader context, four discursive thematics are identified in relation to the policy case. A model is demonstrated for examining different aspects of devolution including constitutional level and sub-system aspects of post-devolution governance. Conclusions are drawn as to the meaning which should be ascribed to the discourse associated with devolution and community care for the elderly.
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    Notes: This article focuses upon one particular aspect of new institutionalist thinking – that which analyses the scope for, and constraints upon, deliberate interventions in institutional change. New institutionalist insights are used to illuminate the challenges faced by the British Labour government in its programme for modernizing local government. The focus is upon two core concepts: robustness and revisability – a pairing which highlights the potential contradictions that exist within the new institutionalist approach to design. It is argued that New Labour struggled to achieve a balance between these key design criteria during its first term, with revisability increasingly sacrificed in favour of robustness. In its second term in office (since June 2001), Labour has sought to rebalance robustness and revisability, largely through the principle of ‘earned autonomy’. In this context the values informing the institutional redesign of local government have become less clear and more contested, and there has been a progressive shift from commitment-based to control-based strategies for change.
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    Notes: Compared to other continental European countries, especially Germany and Switzerland, which have experimented with New Public Management (NPM) in local government, The Netherlands has been relatively quick in following trends stemming from Anglo-Saxon management thinking, but also relatively quick in redressing its course. The rise of the New Public Management in Dutch local government has been relatively swift and strong but also relatively superficial and non-committal. The dominant picture that emerges is one of an administrative system that, while responsive to the latest trends, is also surprisingly stable. Management reforms, forcefully advocated in the 1980s, were decisively revised and redressed in the 1990s, with the city of Tilburg, celebrated for its ‘Tilburg Model’, a case in point. The Werdegang of NPM (that is, how things developed) in Dutch local government, detailed in this article, can be understood only partially as a result of changing economic and budgetary constraints. The article shows that endogenous features of the Dutch politico-administrative system – more specifically: the compact, dense and decentralized pattern of the intergovernmental network, the administrative tradition of pragmatism, dynamic conservatism and the comparatively technocratic character of local government – have also strongly influenced the reception, effect and correction of NPM in Dutch local government.
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    Notes: On the walls of my private office hang the photographs of my seven distinguished predecessors as Secretary of the Cabinet. I sometimes find myself staring at them for inspiration, not always successfully I admit.A week or two ago I found myself looking at the great Lord Bridges, Secretary of the Cabinet and War Cabinet from 1938 to 1946. I wondered what he would have made of it if in the space of a week one of his predecessors had published an article in The Spectator advertised as ‘The Descent of the Civil Servant’ and another had appeared on the Frost programme to reassure the world that the Service was still in good shape.Both predecessors, Lords Butler and Armstrong, I hasten to say, were acting in the most supportive spirit and spoke from what for all of us is a deeply shared view of the role of the Civil Service. But, staring at Bridges, I could see a bubble emerging from his mouth enquiring: what precisely is happening on your watch, Sir Richard?
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    Notes: The emphasis on public participation in contemporary policy discourse has prompted the development of a wide range of forums within which dialogue takes place between citizens and officials. Often such initiatives are intended to contribute to objectives relating to social exclusion and democratic renewal. The question of ‘who takes part’ within such forums is, then, critical to an understanding of how far new types of forums can contribute to the delivery of such objectives. This article draws on early findings of research conducted as part of the ESRC Democracy and Participation Programme. It addresses three questions: ‘How do public bodies define or constitute the public that they wish to engage in dialogue?’; ‘What notions of representation or representativeness do participants and public officials bring to the idea of legitimate membership of such forums?’; and ‘How do deliberative forums contribute to, or help ameliorate, processes of social inclusion and exclusion?’
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    Notes: The role of the state is changing under the impact of, for example, globalization. The changes have been variously understood as the new public management (NPM), the hollowing–out of the state and the new governance. This special issue of Public Administration explores the changing role of the state in advanced industrial democracies. It focuses on the puzzle of why states respond differently to common trends.This introductory article has three aims. First, we provide a brief review of the existing literature on public sector reform to show that our approach is distinctive. We argue that the existing literature does not explore the ways in which governmental traditions shape reform. Second, we outline an interpretive approach to the analysis of public sector reform built on the notions of beliefs, traditions, dilemmas and narratives. We provide brief illustrations of these ideas drawn from the individual country articles. Finally, we outline the ground covered by all the chapters but we do not summarize and compare their experiences of reform. That task is reserved for the concluding article.
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    Notes: Australia's traditions of governance tend to be pragmatic and to blend different ideologies. Its traditions are less dependent on political party ideologies, and more on competing conceptions of the significant problems and the way that they should be addressed. In this article we identify five principal traditions, namely: settler–state developmentalism; civilizing capitalism; the development of a social–liberal constitutional tradition; traditions of federalism; and the exclusiveness/ inclusiveness of the state and society. These traditions have been robust and have developed over time. We show how political actors operating from within this plurality of traditions have understood the public sector and how their understandings have led to changes in the way the public sector is structured.
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    Notes: This article begins with a historical account of the various styles of governance in The Netherlands from the post–war period to date. That overview reveals the persistence of an underlying more traditional form of governance, that is, the tradition of consensual corporatism. Although conventionally believed to be an invention of the Catholic Church and subsequent political theorists, the present twentieth and twenty–first–century historical review of this corporatist style of governance leads to the conclusion that its historical roots are, instead, the age–old Dutch state traditions of tolerance, pragmatism and consensus. It looks as though the worn–out clichés of ‘images of the Dutch’ are indeed the fundamentally underlying core–concepts behind the Dutch style of governance. The ruling, merchant, partrician families of the Dutch Republic, in order to defend their international trade interests, in the midst of somewhat dogmatic Protestant preachers, were pragmatically tolerant of deviant ideas and groups and thus were able to reach a feasible compromise.
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    Notes: Any account of Norwegian governance must engage with four different state traditions (Olsen 1988): the sovereign rationality–bounded or centralised state, the institutional state, the corporatist–pluralist state and the supermarket state. The first three traditions are historically interconnected, while the supermarket state is a fundamental and recent challenge to them. These traditions have co–existed in different combinations and their significance has changed several times, since the Constitution of 1814. In this article, first, I outline each tradition, tracing its historical roots, dominant actors and the competing definitions and interpretations. Second, I discuss the problems or dilemmas that confronted these traditions and the reforms enacted in response to them. Finally, I assess the consequences of these reforms. I focus on the post–World War II period. I finish by discussing the dynamic interdependence of the different state traditions.
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    Notes: Transaction Byte Analysis (TBA) is introduced as a basis to ground corporate governance in the science of information and control described as cybernetics. TBA provides fundamental criteria for evaluating the governance integrity of any type of organisation because all individuals possess physiological and neurological limits to receive, store, manipulate and transmit information measured in bytes. Cybernetics laws of requisite variety in com"munication channels, decision–making centres and control agents provide strategies for overcoming human variations and their limitations in managing complexity. The paper identifies the cybernetic advantages of compound boards and concludes that a unitary board cannot reliably govern complex firms.
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    Notes: This study reports the results of an empirical study that examined the impact of changes in the board of directors on writedowns of non–current assets. Using 337 annual reports of the firms listed on the New Zealand Stock Exchange for 7 years from 1993 to 1999, the results show that changes in the board of directors is a statistically significant determinant of both writedown decision and the dollar amount of writedowns. The results also show that the regression coefficient and the significance level of board restructure are materially higher when changes in chief executive officer are incorporated in the model estimation. Corporate firm size, as measured by total assets at balance date, is found to be another significant determinant. Other corporate attributes such as leverage, operating performance and term borrowings in the subsequent years are not significant factors. However, a firm's growth opportunities provide some support in explaining the dollar amount of writedowns. The results are robust to alternative proxies and the time effect is not evident over the 7–year period.
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    Notes: Based on a series of research interviews with academics and external and internal auditors, this paper examines the role of audit committees in the Saudi Arabian corporate sector. The interviewees expressed concerns about the terms of reference of audit committees and the scope of work undertaken. The independence of audit committees was called into question, as was the expertise of audit committee members. Audit committees had failed to establish close working relationships with either internal or external auditors. A particular criticism was that the requirements for audit committees as set out in Ministerial Resolve 903 lacked clarity. It was suggested that the Ministry of Commerce should issue further regulations and guidance in order to improve the effectiveness of audit committees and to enhance corporate governance in Saudi Arabia.
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    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Political Science , Economics
    Notes: Books ReviewedJames D. Malcolm, Financial Globalization and the Opening of the Japanese EconomyLaura F. Spira, The Audit Committee: performing corporate governanceEilis Ferran and Charles A. E. Goodhart (eds.), Regulating Financial Services and Markets in the 21st Century
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    Topics: Political Science , Economics
    Notes: The monitoring and stewardship role of the owner is an important corporate governance issue that deserves far more attention. Our analysis focuses on the role of the venture capitalist (VC) as monitor of high–tech venture–backed companies. We provide evidence from the literature as well as a qualitative descriptive view of the experiences of Belgian VCs. The position of the VC sheds more light on the plenitude of roles an active owner can play. Furthermore, our findings highlight the need for a better understanding of the governance structure and processes of high–tech companies.
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    Topics: Political Science , Economics
    Notes: Value and governance are such familiar words that we do not often enough reflect on their meanings in a specific situation. This paper will suggest:Value is in the eye of the beholder.The appearance of governance may be preferable to the real thing.In order better to understand value, we will work with a simple question – is it appropriate for a global investor to purchase common shares in Volkswagen? There are many kinds of shareholder, each with distinctive interests that are not always compatible with the interests of the other investors. A global investor is typically the trustee of a pension plan with the simple obligation to collateralise the pension promise by maximising the long–term value of trust assets. The beneficiaries of pension funds are not rich people. Fluctuations in market values are no longer primarily a question as to whether rich people are a bit richer or poorer, they are a question as to whether pensions will be paid to the roughly half of the population of the OECD world who have interests in employee benefit plans. This makes investment a matter of social and political concern. At the end of our trip through the mythology and prospects for adding value to corporate enterprises through effective governance, we come to a very simple conclusion. I bastardise a celebrated principal of physics to conclude that both in science and in business a watched particle behaves differently than one that is not watched. “An observed board behaves differently” and is more likely to generate value for corporate owners.
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    Topics: Political Science , Economics
    Notes: This paper elaborates the concept of corporate directing, integrating the processes of governing, strategising and leading by which small groups of people effectively “run” organisations. If governing and strategising are the warp and weft of this fabric, then leading is the textural imprint that is created through the enacting of corporate directing. Based on two ESRC–funded research projects (1987–9 and 1998–2000), it offers data on which this concept is based, drawn from large UK plcs (e.g. Prudential, Marks & Spencer) and selected institutional investors (e.g. Hermes, Philips and Drew).
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    Topics: Political Science , Economics
    Notes: The purpose of this work is to draw upon empirical evidence supporting concerns over the perception and reality of the power and control exercised by chief executive officers (CEO). It provides a focus on the role of the CEO (the “clout” title) and provides an analysis of the legal framework within which that role is both recognised and controlled. It also tests the assertion that “the law has not fully come to terms with the variety of management structures and practices in modern companies – including terminology” (Farrar’s Company Law 1998).The paper begins by examining the existence in law of the position and power of the CEO. In doing so, the study draws upon the applied and developed principles of agency, attribution and alter ego theories, and the concept of controlling minds in an attempt to provide a category of definition, albeit one of negative recognition and the implications that that might have in developing effective legal controls.Control is then examined in the context of both theory and practice. Practice is based upon the study of 150 listed companies. It builds upon the earlier research undertaken by Franks et al. (1999) and looked to examine the relationship between CEO and executive board turnover and corporate performance, ownership and structure. It seeks to provide some information in terms of a relationship for both recognition and control of CEOs. It identifies categories of “controllers” and categories of “definition” in an attempt to present a contemporary legal framework for recognition and control.
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    Topics: Political Science , Economics
    Notes: While the management literature is accepting of the value of a performance appraisal, there is disagreement in the governance literature as to the role, value and contribution of board appraisals to board effectiveness. This disagreement centres on the politics associated with the “horizontal” appraisal of colleagues implied by board assessment as opposed to the “vertical” appraisal implicit in management. Such disagreement is complicated by the degree of discomfort board members may feel when encountering the more subjective issues of interpersonal dynamics and process as opposed to the more objective measures of performance. However, subjective measures are frequently vital in determining board effectiveness. This paper proposes a conceptual model for the evaluation of boards. It then explores the implications of different approaches to the evaluation of board effectiveness by highlighting selected methodologies for the evaluation of board processes and procedures, individual directors, the chair and the chief executive. In this, the implications of different types of performance measure are considered in the context of the type of organisation, its purpose, reporting requirements, ethos and style of operation. A set of suggestions as to approaches to board evaluation is provided together with reactions of experienced directors to these ideas.
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    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Political Science , Economics
    Notes: One of the most important achievements of the National Investment Funds’ Programme – the implementation of the Mass Privatisation Programme – is its input into the process of building a Polish corporate governance infrastructure. Experience in the creation and operation of corporate governance systems as accumulated by the National Investment Funds (NIFs) is a valuable source of knowledge on a group of shareholders in Polish companies that is continuously expanding and diversifying in terms of identity. The action model applied to the National Investment Funds made possible the collecting of the first Polish experiences regarding the behaviour of institutional investors in supervisory processes. In its turn, the positioning of the Funds in such a role matched observations of world trends where ownership functions are concentrating in the hands of institutional investors. The objective of this study is to demonstrate the experience of National Investment Funds in the context of the achievements of institutional investors acting in mature market economies in the realm of corporate governance. Experience accumulated by the NIFs shows that the process of building efficient corporate governance structures is not a simple task. Analysis of their achievements in safeguarding their interests from the point of view of the institutional investor has confirmed the importance of an active stance in this sphere.
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    Topics: Political Science , Economics
    Notes: It is now more than ten years since the dismantling of the USSR began, not only in terms of the reasserted independence of the member states, but also in terms of the end of the centralised Soviet command economy. The experiences of a myriad of investors, public and private, who have lost funds they so hopefully made available to emerging enterprises in the Eastern European states, particularly in Russia, have clearly demonstrated to Western observers the difficulties associated with making a transition from a command to a market economy. And yet the transformation in different states has had different degrees of success. For example, in Estonia, the strategies to move from a command to a market economy, adopted by the political leadership throughout the 1990s, have been relatively successful. In this article, the policies that led to this success are identified. It is believed that tentative generalisations from the experiences of Estonia may be helpful in determining the necessary conditions for successful change from a command to a market economy in other countries. To the extent that such transitions contribute to real economic growth, empirical evidence about the conditions necessary for their realisation provides general understanding of the forces underlying economic development. Moreover, it may well be that these generalisations can be used by private and public organisations to obtain a first indication of the probabilities of success of investments that they are contemplating making in a transitional economy, whether measured by return on capital, and/or contribution to general welfare.
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    Topics: Political Science , Economics
    Notes: Corporate governance is developing rapidly in many countries across the world. In this paper we analyse the existing state of corporate governance in a country in the Middle East: Bahrain. We employ a survey methodology, with a questionnaire being sent to all of the companies listed on the Bahrain Stock Exchange Market. An analysis of the responses reveals that Bahraini companies have in place some of the features of corporate governance best practice with boards dominated by non–executive directors, for example, and the separation of the roles of Chair and CEO. However, it is not clear how effective the nomination/appointments process is and directors tend to be fairly entrenched. In terms of risk management and control, the majority of Bahraini companies have an internal audit department and risk management control. Overall, it seems that Bahraini companies have a number of key corporate governance structural features in place, but that there remains further progress to be made.
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    Topics: Political Science , Economics
    Notes: Books reviewed:Fabrizio Barca and Marco Becht, The Control of Corporate EuropeJ. Schwalbach (ed.), Corporate Governance Essays in Honor of Horst Albach
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    Topics: Political Science , Economics
    Notes: Corporate governance practices in family businesses (FB) remain a research domain with many unsolved questions. Nonetheless, researchers agree that corporate governance practices are important for family–backed companies. Different family ownership structures and different family generations influence the governance structures installed. So far, no research has been conducted on corporate governance characteristics among Flemish family companies. This study explores the relationships between ownership structure, board and management practices to find out where Flemish family businesses differ from non–family businesses (NFB). Additionally, this research investigates to what extent differences can be found within the group of family businesses based on family ownership and family generation.
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    Topics: Political Science , Economics
    Notes: South Korea, one of East Asia’s most powerful tigers before the 1997 financial crisis, is in the process of extensive corporate governance reform. The excessive debt financing of the chaebol and the lack of accountability prevalent in Korea’s corporate governance system have been blamed for the country’s economy succumbing to the crisis. The current process of reform is taking place within a global agenda for corporate governance harmonisation, reflected in the publication of internationally acceptable principles for “good” corporate governance by, for example, the OECD and CalPERS. In this paper we present and analyse the findings of a questionnaire survey and a series of interviews conducted in Korea which canvassed the views of fund managers. Our findings indicate that Korea’s financial institutions support initiatives to reform the country’s corporate governance system. Further, they agree strongly that: investor relations need to be improved; chaebol’s accountability to shareholders should be improved; and shareholder activism should be encouraged. They also support the view that the chaebol’s activities were chiefly responsible for Korea succumbing to the East Asian crisis.
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    Topics: Political Science , Economics
    Notes: There seems to be an increasing disconnection between the expectations of directors and those of investors as to appropriate levels of executive remuneration. This article seeks to understand why this may be occurring. It starts from the basic principles that drive executive pay, tax, time-scales and trust, and then explores how those factors play out in the imperfect market for talent. As US pay structures are increasingly leading the pay schemes of global companies, it asks whether those structures truly act to enhance shareholder value. It is not at all clear that this is the case, and the article points out that it is unfortunate for US tax and accounting structures to be driving pay elsewhere in the world in directions that are not conducive to shareholder value. The article proposes alternative ways forward.
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    Topics: Political Science , Economics
    Notes: This paper provides a critical comparative analysis of corporate governance mechanisms in market-oriented (Anglo-Saxon) and large shareholder-oriented (Continental European) systems of corporate governance. Deficiencies in shareholder protection in the legal systems of both corporate governance systems have been addressed through the use of codes of good governance, a set of norms that regulate the behaviour and structure of the board of directors. However, the lower enforceability of norms in Continental Europe limits the applicability of such codes. Therefore, we argue that in Continental Europe, rather than promoting codes of good governance, it is necessary to expand market control mechanisms to facilitate the maximisation of firm value.
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    Topics: Political Science , Economics
    Notes: This paper studies the relationship between some characteristics of the corporate board and the firm’s capital structure in Chinese listed firms. The findings provide some preliminary empirical evidence and seem to suggest that managers tend to pursue lower financial leverage when they face stronger corporate governance from the board. However, the empirical results of the relationships are statistically significant only in the case of the board composition and the CEO tenure. The results are statistically insignificant in the case of the board size and fixed CEO compensation. This may in general suggest that, up to the time period of our investigation, the corporate board structures and processes in Chinese listed firms might not as yet be fully working in the manner, or as well, as might have been so far assumed on the basis of Western theoretical finance literature.
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    Topics: Political Science , Economics
    Notes: The dynamic state of corporate governance in an emerging market is discussed through an in-depth case study of Korea’s Samsung Electronics Corporation (SEC). This paper covers the influence upon SEC’s corporate governance of recent regulatory changes and the efforts of the People’s Solidarity for Participatory Democracy’s (PSPD), a young but influential minority shareholder activist group. It will show that corporate leaders from Korea are slowly gaining an understanding of the importance of corporate governance, but that for a variety of reasons they still remain reluctant participants, unable and unwilling to change effectively.
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    Topics: Political Science , Economics
    Notes: Book reviewed:James P. Hawley and Andrew T. Williams, The Rise of Fiduciary Capitalism
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    Topics: Political Science , Economics
    Notes: This study examines the factors associated with the presence of board sub–committees, specifically audit, remuneration and nomination committees. Factors which are hypothesised in this study to affect sub–committee presence are Big 6 auditors, non–executive directors, non–executive chairmen, number of intercorporate relationships of the board and shareholder type. Company size, number of board members and leverage are employed as control variables as suggested by earlier research.An analysis of board sub–committees in the Australian corporate environment is relevant to other jurisdictions as there are no mandatory requirements on either board composition or board sub–committees. There is, however, a mandatory requirement to disclose corporate governance practices which allows for a study of this type to be reliably conducted. A sample of 361 Australian companies drawn from the largest 500 public companies is employed.Audit committee presence is found to be positively associated with Big 6 auditors and the number of intercorporate relationships of the directors of the board. Remuneration committees are also found to be associated with Big 6 auditors and intercorporate relationships and also higher levels of institutional investment. The presence of nomination committees is not associated with auditors, directors or investors, but is associated with board size and leverage. The study concludes that audit committees are a highly developed and mature governance mechanism, and that remuneration committees can be classed as a developing and maturing structure whilst nomination committees are relatively immature.
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