Corporate Governance Under 'New Public Management': An Exemplification

Posted: 21 Sep 2000 Last revised: 11 Jun 2010

See all articles by Mark Clatworthy

Mark Clatworthy

University of Bristol, Department of Accounting and Finance

Howard Mellett

Cardiff Business School

Michael J. Peel

Cardiff University - Cardiff Business School

Date Written: June 11, 2010

Abstract

A key feature of the 'New Public Management' reforms has been the adoption, by public sector bodies, of modes of organisation and governance more usually associated with the private sector. This paper seeks to identify the general model of corporate governance prevailing in the private sector and reviews the extent to which its elements are paralleled in the public sector. It uses NHS trusts as exemplars to examine whether sufficient congruity exists between them to allow governance models created in the private sector to be applied to the public sector. If such a transfer is not appropriate, trusts would require tailor made governance models. It would also highlight the extent to which private sector techniques can be transferred to the public sector without modification. The conclusion is that the study of corporate governance in NHS trusts shows that the transplant of private sector culture, as reflected in modes of corporate governance, is not complete, necessary or possible.

JEL Classification: G34

Suggested Citation

Clatworthy, Mark A. and Mellett, Howard James and Peel, Michael J., Corporate Governance Under 'New Public Management': An Exemplification (June 11, 2010). Corporate Governance: An International Review, Vol. 8, No. 2, April 2000. Available at SSRN: https://ssrn.com/abstract=236072

Mark A. Clatworthy (Contact Author)

University of Bristol, Department of Accounting and Finance ( email )

School of Economics, Finance and Management
8 Woodland Road
Bristol, BS8 1TN
United Kingdom
+44(0)1173310914 (Phone)

Howard James Mellett

Cardiff Business School ( email )

Aberconway Building
Colum Drive
Cardiff, CF10 3EU
United Kingdom
+44 (0)29 2087 5704 (Phone)
+44 (0)29 20874419 (Fax)

Michael J. Peel

Cardiff University - Cardiff Business School ( email )

Cardiff
United Kingdom

Register to save articles to
your library

Register

Paper statistics

Abstract Views
1,352
PlumX Metrics