Assessing the performance of public enterprises: A public-choice approach

• Autores: Jürgen Backhaus
• Localización: European journal of law and economics, ISSN 0929-1261, Vol. 1, Nº 4, 1994, págs. 275-287
• Idioma: inglés
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• Resumen

  • Recent advances in the theory of public enterprises have led to the development of criteria for assessing their performance. The underlying idea is to determine the “best practice” of a particular enterprise and assess other public enterprises in the same industry against that “best practice.” This article is critical of the best-practice-approach and offers an alternative public-choice-based procedure.