“INTEGRATED” PUBLIC GROUPS: INSIGHTS ON BOUNDARIES AND DIVESTMENT OPPORTUNITIES

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Vincenzo Zarone ORCID logo, Alessia Patuelli ORCID logo, Simone Lazzini ORCID logo

https://doi.org/10.22495/cocv13i3c2p7

Abstract

This paper analyses recent tendencies of managing public real estate and public stake-holdings in a sample of Italian municipalities. The data, retrieved from the Italian Ministry of Interior (Central Department of Local Finances), has been analysed to understand if the local public group, intended in a wider sense and including both subsidiaries and real estate property, is changed over time, in terms of size and composition. The first results show that there has not been adequate divestment to postulate on a general reduction of the boundaries of the “Integrated” Public Groups.

Keywords: Local Authorities, Italy, Public Management, Real Estate, Subsidiaries, Local Public Group

How to cite this paper: Zarone, V., Patuelli, A., Lazzini, S. (2016). “Integrated” public groups: insights on boundaries and divestment opportunities. Corporate Ownership & Control, 13(3-2), 347-354. https://doi.org/10.22495/cocv13i3c2p7