The Importance of Owner Relationship in Shaping Hybrid Organizations

Research output: Chapter in Book/Report/Conference proceedingBook chapter

Abstract

The focus of this chapter is the relationship between owners and hybrid organizations with focus on public-private hybrid constellation and corporations owned by local governments. These companies are hybrids since they are governed as private profit-oriented companies but provide public services and incorporate public values. The main takeaway from the analysis in the chapter is that two dimensions, one formal and one informal, define the relationship between the owners and their companies. The formal relationship is here mainly referring to the relationship as defined by the legal framework and existing regulations, while the informal relationship is referring to the dialogue between the owners and the companies that occurs as a complement to the latter dimension. The formal relationship mainly reflects market values, while in order for the democratic values to be protected, the informal dimension is crucial.

Details

Authors
Organisations
External organisations
  • University of Gothenburg
Research areas and keywords

Subject classification (UKÄ) – MANDATORY

  • Business Administration
Original languageEnglish
Title of host publicationManaging Hybrid Organizations
Subtitle of host publicationGovernance, Professionalism and Regulation
EditorsSusanna Alexius, Staffan Furusten
PublisherPalgrave Macmillan
Chapter7
Pages129-155
ISBN (Print)978-3-319-95485-1
Publication statusPublished - 2019 Jan
Publication categoryResearch
Peer-reviewedYes