A New Linkage between Corporate and Public Governance Through the Lens of Incremental Cash Flows
Universidad del CEMA, Documento de Trabajo No. 374
23 Pages Posted: 30 Jul 2008
Date Written: July 2008
Abstract
While in the study of Corporate Governance we can avail ourselves of the incremental cash-flow model (ICFM), the analysis of Public Governance has been falling behind with this issue. The paper sets forth an innovative linkage between both fields of learning and practice, by means of a suitable framing of such model that would allow us to take advantage of a deeper research focus just within the interface of both governances. Firstly, the ICM is derived in the current shape that experts in Corporate Governance make use of it. Secondly, we sharpen up the ICFM to match variegated needs in research and applications of Public Governance.
Keywords: public governance, incremental cash flows, corporate governance
JEL Classification: H1, H5, H6, G3
Suggested Citation: Suggested Citation
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