Naslov
Towards efficient public sector asset management

Autori
Grubišić, Mihaela ; Nušinović, Mustafa ; Roje, Gorana

Izvornik
Financial theory and practice (Zagreb) (1846-887X) 33 (2009), 3; 329-362

Vrsta, podvrsta i kategorija rada
Radovi u časopisima, prethodno priopćenje, znanstveni

Ključne riječi
public sector assets; centralised asset registry; accrual financial reporting; professional asset management; Croatia

Sažetak
Governments are accountable for providing quality public services to their citizens at the most favourable terms. They are, among other issues, responsible for managing a diversified public asset portfolio. This paper examines one of the critical financial challenges in Croatia: managing public sector assets efficiently. It attempts to facilitate better understanding of public asset management as an integral part of public sector reforms. The lack of reliable information on public assets in place obscures determining assets’ value, budgeting for asset management activities and evaluating public asset portfolio performance. As a result, assets are managed on an ad-hoc, often reactive basis. Starting from the concept that public authorities have to be fully accountable to the public, we propose the preconditions necessary for commencing proper public asset management practice in Croatia. Our model might help other countries that are also faced with public asset management inefficiency.

Izvorni jezik
Hrvatski, engleski

Znanstvena područja
Ekonomija

POVEZANOST RADA