Financial Management Theory in the Public Sector
Published on 1. December 2004
Book
Hardback
284 pages
978-1-56720-625-8 (ISBN)
Description
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.
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.
More details
Language
English
Place of publication
United States
Publishing group
Bloomsbury Publishing Plc
Target group
Professional and scholarly
Interest Age: From 7 to 17 years
Dimensions
Height: 235 mm
Width: 157 mm
Thickness: 21 mm
Weight
618 gr
ISBN-13
978-1-56720-625-8 (9781567206258)
Copyright in bibliographic data and cover images is held by Nielsen Book Services Limited or by the publishers or by their respective licensors: all rights reserved.
Schweitzer Classification
Persons
Aman Khan is Associate Professor of Political Science and Public Administration, Texas Tech, Lubbock. He is author, coauthor, editor, or coeditor of numerous professional publications, he serves on the editorial boards of the The Journal of Public Administration and Management and the Journal of Public Budgeting, Accounting, and Financial Management.
W. Bartley Hildreth is Regents Distinguished Professor of Public Finance at the Hugo Wall School of Urban and Public Affairs and the W. Frank Barton School of Business and Director of the Kansas Public Finance Center, Wichita State. He is a book review editor for the International Journal of Public Administration and editor or coeditor of many professional publications including the Handbook on Taxation, Handbook of Public Personnel Administration, and the Handbook of Strategic Management.
W. Bartley Hildreth is Regents Distinguished Professor of Public Finance at the Hugo Wall School of Urban and Public Affairs and the W. Frank Barton School of Business and Director of the Kansas Public Finance Center, Wichita State. He is a book review editor for the International Journal of Public Administration and editor or coeditor of many professional publications including the Handbook on Taxation, Handbook of Public Personnel Administration, and the Handbook of Strategic Management.
Content
Preface
Acknowledgments
Managing Financial Transactions Efficiently: A Transaction Cost Model of Public Financial Management by John R. Bartle and Jun Ma
Information Asymmetry in Public Investment Management by Brian K. Collins and Aman Khan
Bridging the Gap between Contract Service Delivery and Public Financial Management: Applying Theory to Practice by Lawrence L. Martin
Prospect Theory and the Municipal Bond Market by Kenneth A. Kriz
Practice as Interpretation in Public Financial Management by Gerald J. Miller with Jonathan Justice and Iryna Illiash
Should Financial Reporting by Government Encompass Performance Reporting? Origins and Implications of the GFOA-GASB Conflict by William Earle Klay, Sam M. McCall, and Curtis E. Paynes
Assessing the Likely Acceptance of Financial Management Techniques in the Public Sector: A Characteristic Approach by William G. Albrecht and Rev. Thomas D. Lynch
Fiscal Decentralization: Theory as Reform by James Edwin Kee
Managing Structural Imbalances: Implications for Fiscal Decision Making and Policy by Merl Hackbart and Jim Ramsey
E-Government Financial Management Models by Craig L. Johnson
Integrating Theory and Practice: Financial Management Reform in the U.S. Federal Government by L.R. Jones and Jerry L. McCaffery
Selected Bibliography
Index
About the Contributors
Acknowledgments
Managing Financial Transactions Efficiently: A Transaction Cost Model of Public Financial Management by John R. Bartle and Jun Ma
Information Asymmetry in Public Investment Management by Brian K. Collins and Aman Khan
Bridging the Gap between Contract Service Delivery and Public Financial Management: Applying Theory to Practice by Lawrence L. Martin
Prospect Theory and the Municipal Bond Market by Kenneth A. Kriz
Practice as Interpretation in Public Financial Management by Gerald J. Miller with Jonathan Justice and Iryna Illiash
Should Financial Reporting by Government Encompass Performance Reporting? Origins and Implications of the GFOA-GASB Conflict by William Earle Klay, Sam M. McCall, and Curtis E. Paynes
Assessing the Likely Acceptance of Financial Management Techniques in the Public Sector: A Characteristic Approach by William G. Albrecht and Rev. Thomas D. Lynch
Fiscal Decentralization: Theory as Reform by James Edwin Kee
Managing Structural Imbalances: Implications for Fiscal Decision Making and Policy by Merl Hackbart and Jim Ramsey
E-Government Financial Management Models by Craig L. Johnson
Integrating Theory and Practice: Financial Management Reform in the U.S. Federal Government by L.R. Jones and Jerry L. McCaffery
Selected Bibliography
Index
About the Contributors