Boards of directors and performance in autonomous public sector entities. Issue 2 (17th February 2023)

• Record Type: Journal Article
• Authors: Garcia-Lacalle, Javier; Royo, Sonia; Yetano, Ana
• Is Part Of: Public money & management. Volume 43:Issue 2(2023)
• Page Start: 85
• Page End: 94
• Publication Date: 2023-02-17
• Subjects: Board of directors -- corporate governance -- gender issues -- NHS foundation trusts -- performance -- public sector; Finance, Public -- Great Britain -- Periodicals; Great Britain -- Economic policy -- 1945-1964 -- Periodicals; 336.005
• DOI: 10.1080/09540962.2021.1896131
• Languages: English
• ISSNs: 0954-0962

Abstract

ABSTRACT: The adoption of business-like boards of directors in the public sector has to be evaluated in terms of financial and non-financial outcomes. This paper investigates, using a structural equation model, the relationship of certain board characteristics with the performance of English NHS foundation trusts. Larger and more independent boards do not harm performance. Having a woman chairing the board is related to better service quality. Boards seem to be more concerned about service quality issues than about financial problems.