Abstract
Comparison of 19 countries in this book has identified five core characteristics of local government corporatisation. In this chapter, we describe these characteristics. First, there appears to be a trend towards local government corporatisation, albeit not everywhere. Second, local corporatisation can occur under both public and private law, with different implications, although there are some countries where the legal state of municipally owned corporations (MOCs) is hybrid or ambiguous. Third, MOCs are heterogeneous throughout all countries in their organisational characteristics. Fourth, there are large differences between countries in the autonomy granted to MOCs. Fifth and finally, in terms of corporate governance, we find that countries are split between the use of one-tier and two-tier boards, and that corporate governance codes for MOCs are increasingly popular. We conclude with a research agenda.
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Voorn, B., Andrews, R., Papenfuß, U., Torsteinsen, H., Van Genugten, M. (2023). Corporatised Local Public Service Provision: Comparative Evidence from 19 Countries and Research Agenda. In: Van Genugten, M., Voorn, B., Andrews, R., Papenfuß, U., Torsteinsen, H. (eds) Corporatisation in Local Government. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-031-09982-3_21
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