Governance structures, voluntary disclosures and public accountability

Public sector governance and accountability

The collection of papers in this special issue has primarily been drawn from the papers representing the ‘‘Corporate Governance and accountability in the Public Sector’’ stream of the Seventh International Critical Management Studies Conference (CMS 7), which was held at the University of Naples Federico II, Italy, in July 2011. The stream was inspired by international reforms focussed on the m...

Voluntary Disclosures and Corporate Control

We examine the valuation and capital allocation roles of voluntary disclosure when managers have private information regarding the firm’s investment opportunities, but an efficient market for corporate control influences their investment decisions. For managers with long-term stakes in the firm, the equilibrium disclosure region is two-tailed: only extreme good news and extreme bad news is disc...

Accountability and corporate governance of public private partnerships

Brennan and Solomon (2008) identify six new frontiers in accountability and corporate governance research to stimulate research. This paper contributes to such research by devising a reporting framework and research agenda that relates to Brennan and Solomon’s fourth frontier, sectors and context, focusing on the regulated hybrid organisational forms of Public Private Partnerships, which operat...

Reform of the Malawian Public Sector Incentives, Governance and Accountability

Since the early 1990s, Malawi has tried to undertake economic reforms, including the restructuring of the public sector, even as it embraced democratic reforms. Paucity of human and financial resources has made the process difficult and drawn out. However, towards the end of the 1990s, the reforms began to bear fruit. Notably, the efficiency of the civil service improved, while the government c...

Public Sector Governance and Accountability Series Performance Accountability and Combating Corruption