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Enhancing Corporate Governance - Public Sector Context

Опубликовано на портале: 16-04-2007
SAS The Power to Know. 2004. 
Тематический раздел:
In recent years, both private and public sectors have been dedicating considerable attention to the issue of corporate governance. No one is surprised that the private sector’s regulators these days demand more transparency when it comes to governance processes. Spectacular corporate collapses and corporate scandals in Australia and abroad have resulted in high level shareholder distrust, as many opinion surveys demonstrate. The purpose of this paper is to present an integrated strategic management system and describe how such a system might work in the public sector environment. It will further argue that the integrity of the relationship between external and internal performance management frameworks is the essential component of effective corporate governance processes. To illustrate these principles, a case study will be presented, illustrating how an Outcome/Output framework can be integrated with the Balanced Scorecard and then cascaded throughout an agency.
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