Document details

Social control of public expenditures in a multilevel principal-agent approach

Author(s): PIRES,VALDEMIR ; GUIMARÃES,ANDRÉ SATHLER

Date: 2015

Origin: Oasisbr

Subject(s): public management; principal-agent model; public expenditure social control


Description

ABSTRACTThis study enhances the principal-agent model by incorporating a multilevel perspective and differences among agency situations. A theoretical discussion is developed using a proposed intersection of methodological focuses and a descriptive-exemplificative hypothetical analysis. The analysis is applied to public expenditure social control in representative democracies, and as a result, a principal-agent model unfolds that incorporates a decision-making perspective and focuses on formulation, negotiation, articulation, and implementation competencies. Thus, it is possible to incorporate elements into the principal-agent model to make it more permeable to individual, group, and societal idiosyncrasies with respect to public expenditure social control.

Document Type Journal article
Language English
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