Access the full text.
Sign up today, get DeepDyve free for 14 days.
I. Lapsley (1999)
Accounting and the New Public Management: Instruments of Substantive Efficiency or a Rationalising Modernity?Financial Accountability and Management, 15
Curtis Ventriss (2002)
The Rise of the Entrepreneurial State Governments in the United States: The Dilemma of Public Governance in an Era of GlobalizationAdministrative Theory & Praxis, 24
R. Lynch, K. Cross (1991)
Measure Up!: Yardsticks for Continuous Improvement
E. Savas (1981)
Alternative Institutional Models for the Delivery of Public ServicesPublic Budgeting & Finance, 1
H. Demsetz (1967)
Toward a Theory of Property RightsThe American Economic Review
R. Evered, M. Louis (1981)
Alternative Perspectives in the Organizational Sciences: “Inquiry from the Inside” and “Inquiry from the Outside”Academy of Management Review, 6
R. Cullen, Donald Cushman (2000)
Transitions to Competitive Government: Speed, Consensus, and Performance
CH Leong (2004)
From Vision to RealityHong Kong Journal of Emergency Medicine, 11
(2005)
Transpower was the only SOE subject to price controls set by the Electricity Commission, which introduced a cap on revenue growth calculated as the Consumer Price Index -1%
Peyvand Khaleghian, M. Gupta (2004)
Public management and essential public health functionsWorld Development, 33
$40 million investment continues Kiwibank's growth
J. Ballantine, S. Brignall, Sven Modell (1998)
Performance Measurement and Management in Public Health Services: A Comparison of UK and Swedish PracticeManagement Accounting Research, 9
R. Dorf, M. Raitanen (1997)
The Balanced Scorecard: Translating Strategy Into ActionProceedings of the IEEE, 85
Robert Dyck (1992)
From Vision to Reality: Strategies of Successful Innovators in Government, by Russell M. Linden.Journal of Urban Affairs, 14
S. Zahra, Carol Hansen (2000)
PRIVATIZATION, ENTREPRENEURSHIP, AND GLOBAL COMPETITIVENESS IN THE 21st CENTURYCompetitiveness Review: An International Business Journal Incorporating Journal of Global Competitiveness, 10
Tânia Keinert, Claudete Silva (1993)
Reinventing government: how the entrepreneurial spirit is transforming the public sectorRae-revista De Administracao De Empresas, 33
Craig Foltin (2005)
Finding Your Way through the Government Performance MazeJournal of Government Financial Management, 54
(2002)
Corporate Entrepreneurship”, Harcourt College Publishers, Fort Worth
(2007)
Playing by the rules that govern powerful SOEs ” , The Dominion Post , 7 June , ( accessed 29 June 2007 , from Newztext database )
Tales of SOEs
K. Eisenhardt (1989)
Building theories from case study researchSTUDI ORGANIZZATIVI
Briefing to incoming Minister for State Owned Enterprises
R. Mulgan (1905)
Politics in New ZealandBuffalo Medical Journal, 61
Gano Dunn (2005)
Public ServiceNature, 212
ROE -return on equity, calculated as net profit after tax/equity 13. ROCI -return on capital invested, calculated as net profit after tax/contributed capital 14. ROI -return on investment
T. Carlin (2005)
Debating the Impact of Accrual Accounting and Reporting in the Public SectorFinancial Accounting
Carsten Holz (2002)
Long live China's state-owned enterprises: deflating the myth of poor financial performanceJournal of Asian Economics, 13
M. Shirley (1999)
Bureaucrats in business: The roles of privatization versus corporatization in state-owned enterprise reformWorld Development, 27
Belén Villalonga (2000)
Privatization and efficiency: differentiating ownership effects from political, organizational, and dynamic effectsJournal of Economic Behavior and Organization, 42
C. Hood (1995)
The “new public management” in the 1980s: Variations on a themeAccounting Organizations and Society, 20
F. Swierczek, T. Quang (2004)
Entrepreneurial Cultures In Asia: Business Policy Or Cultural ImperativeJournal of Enterprising Culture, 12
Within four SOEs, management and the Board have been able to justify that they do not have a need for debt, however the issue continues to be raised and reviewed by Government on a regular basis
Murray Low, I. MacMillan (1988)
Entrepreneurship: Past Research and Future ChallengesJournal of Management, 14
Public sector must improve financial management
(1998)
AAS 29 Financial reporting by government departments
R. Ramamurti (1986)
Public Entrepreneurs: Who They are and How They OperateCalifornia Management Review, 28
Financial Statements of the Government of New Zealand for the year ended
(1980)
Public entrepreneurship: Toward a theory of bureaucratic power”, Indiana University, Bloomington
(2004)
Stifling entrepreneurship
(2005)
Transpower believed the cap was unreasonable, refused to comply with the Electricity Commission's requirements, and did not expect to comply in the foreseeable future
M. Finnsdottir (1972)
[Study in administration].Timarit Hjukrunarfelags Islands, 48 4
B. White (2005)
Performance and Accountability Reports: Revealing Government's ResultsJournal of Government Financial Management, 54
J. Moore (1992)
British privatization--taking capitalism to the people.Harvard business review, 70 1
R. Moe (1994)
THE REINVENTING GOVERNMENT EXERCISE: MISINTERPRETING THE PROBLEM, MISJUDGING THE CONSEQUENCESPublic Administration Review, 54
(2003)
Makeover magic
(2003)
The establishment of Kiwibank by New Zealand Post Limited in 2001 is one exception, whereby the Government agreed to provide additional capital of $72.2 million as start-up funding
(1996)
New Zealand's remarkable reforms”, available from http://www.rbnz.govt.nz/speeches/0031201.html (accessed 18 January
G. Carnegie, B. West (2005)
Making accounting accountable in the public sectorCritical Perspectives on Accounting, 16
J. Doig (1983)
"If I See a Murderous Fellow Sharpening a Knife Cleverly...": The Wilsonian Dichotomy and the Public Authority TraditionPublic Administration Review, 43
Paul Niven (2002)
Balanced Scorecard Step-by-Step: Maximizing Performance and Maintaining Results
Richard Bozec, Gaétan Breton, L. Côté (2002)
The Performance of State-Owned Enterprises RevisitedFinancial Accounting eJournal
Carl Bellone, G. Goerl (1992)
RECONCILING PUBLIC ENTREPRENEURSHIP AND DEMOCRACYPublic Administration Review, 52
(2009)
Property rightsNature, 458
Allen Schick (1998)
Why Most Developing Countries Should Not Try New Zealand's ReformsWorld Bank Research Observer, 13
(1997)
The wonder down under
A. Sarker (2006)
New public management in developing countriesInternational Journal of Public Sector Management, 19
Purpose – The purpose of this study is to consider the potential for profit under new public management, through a study of New Zealand's state‐owned enterprises (SOEs). Design/methodology/approach – “Examination from the outside” involved analysis of financial data from 2001 to 2005 for the SOE sector. “Inquiry from the inside” involved interviews with senior executives from 12 of the 17 SOEs operating in New Zealand. Findings – Findings indicate the potential for SOEs as profitable government investments, with clear support for financial returns under NPM. Research limitations/implications – While this study is limited to SOEs in New Zealand, it provides valuable insight into one country's SOE sector, and offers a platform for similar studies in other countries. Strong financial returns from several SOEs highlight the potential for SOEs as valuable investments, and an important alternative to traditional sources of government funding. However, variations noted in the financial returns of individual SOEs also indicate that profitable and commercial operations may not be possible in all cases. Originality/value – The value of this paper lies in the combination of quantitative and qualitative data, to provide insight not only into SOEs' financial performance, but also into the operational and strategic issues underlying that performance.
Pacific Accounting Review – Emerald Publishing
Published: May 16, 2008
Keywords: Financial performance; Public administration; New Zealand
Read and print from thousands of top scholarly journals.
Already have an account? Log in
Bookmark this article. You can see your Bookmarks on your DeepDyve Library.
To save an article, log in first, or sign up for a DeepDyve account if you don’t already have one.
Copy and paste the desired citation format or use the link below to download a file formatted for EndNote
Access the full text.
Sign up today, get DeepDyve free for 14 days.
All DeepDyve websites use cookies to improve your online experience. They were placed on your computer when you launched this website. You can change your cookie settings through your browser.