Anomalously Low Spending of Municipalities and Citizen Dissatisfaction: An Analysis of Recreation Supply

Local authorities deliver services that seek to contribute to the socio-economic development of countries, and increasingly, these services fulfil the non-basic needs of citizens, including cultural and tourism initiatives. This article studies the impact of local public expenditure for non-basic service delivery on the cultural and socio-economic satisfaction of the population, with a specific case study of a conurbation where spending for recreation is anomalously low. It is found that citizens respond positively only to substantial expenditure but are dissatisfied if such expenditure is small and does not reach a minimum-level threshold

NET EQUITY DESTINED FOR A BUSINESS: A comparative analysis and an economic evaluation

QUADERNO MONOGRAFICO PUBBLICATO A CURA DEL DIPARTIMENTO DI SCIENZE ECONOMICO-AZIENDALI, GIURIDICHE, MERCEOLOGICHE E GEOGRAFICHE DELL'UNIVERSITA' DI FOGGI

The wide range of local government public services

This chapter provides an analysis of the concept of local government services from an international perspective, examining what can be considered local government services and how various local government services might be categorized. Under the framework of contingency theory, this chapter reviews the complex issue of defining and classifying a wide range of public services provided at local level. It focuses mainly on i) the subject-community beneficiary ofthe service provision; ii) the subject-government responsible for the service provision, distinguishing the government tiers involved in service supply and the recourse to contracting out to fulfil public duties; and iii) the objective definition of the services, aiming to provide a list of functions that are considered service tasks for local governments. This chapter contributes to the conceptual analysis of public services, demonstrating similarities and differences in the cross-national development of contingent local government public services

I CONTROLLI SUI BILANCI INFRANNUALI

QUADERNO MONOGRAFICO PUBBLICATO A CURA DEL DIPARTIMENTO DI SCENZE ECONOMICO-AZIENDALI, GIURIDICHE, MERCEOLOGICHE E GEOGRAFICHE DELL'UNIVERSITA' DEGLI STUDI DI FOGGI

Management accounting when an organization is facing default

The book studies the role of accounting and accountants during the crisis, with a specific focus on how management accounting may help to deal with organizational uncertainty. After a brief introduction, the book is made up of four main parts: Chapter 1 describes the role that management accounting can assume in dealing with uncertainty, and how such a role has gained respect over recent decades due to an extremely dynamic business environment. Chapter 2 studies the issues management process and proposes a specific model to be adopted by organizations in order to avoid or mitigate financial distress, and eventually cope with a serious crisis threatening default. Such a model supports the need for continuous monitoring and planning activity by the management accounting function. Chapter 3 focuses on the function covered by management accountants (i.e., internal auditors) and the instruments adopted in their strategic and operative control activity to deal with uncontrollable situational factors, i.e., uncertainty. Chapter 4 offers a digression on enterprise risk management and its criticalities in times of crisis. Finally, brief comments conclude the book

Tax avoidance in government-owned firms: Evidence from a Western economic context

This paper studies whether and why government-owned firms avoid taxation to a greater extent than private owners do. By considering a sample of Italian listed corporations between 2006 and 2011, it was found that government ownership had a systematically negative effect on corporate income’s effective tax rate, with a prevalence of tax-planning policies being focused on a long-term horizon. Managers of local government-owned firms pursue the goals of focusing on cost-minimizing policies, even to the detriment of national tax-revenue collection