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Financial Management Theory in the Public Sector (Hardcover)
Loot Price: R2,833
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Financial Management Theory in the Public Sector (Hardcover)
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To have a clear picture of developments in public financial
management, a multidimensional perspective of the field is needed,
since governments--unlike for-profit organizations-- serve multiple
and often conflicting interests. This book provides this dynamic
approach by integrating insights from economics, business, and
political science. Written by some of the leading scholars in the
field, this collection presents eleven chapters that run the gamut
of public financial management issues. Topics include: Transaction
costs in contractual relationships; Uncertain conditions and
probability assessment in the bond market; Rational choice and the
institutional framework in public investment decision; E-Government
financial management models; Budget balance as the building block
of public financial strategy. Together the contributors present a
robust framework for understanding and analyzing financial decision
making in the public sector.
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