New development: Determinants of financial performance in public organizations

S Goeminne, Bert George

Research output: Contribution to journalArticleAcademicpeer-review

8 Citations (Scopus)
27 Downloads (Pure)


In the slipstream of NPM, public organizations worldwide have had to increase their financial performance by adopting management practices. Nonetheless, financial performance (FP) might be mostly predicted by contingencies that are not within direct managerial control. Drawing on evidence from 308 Flemish municipalities, this article shows that organizational and environmental contingencies affect FP, but a significant amount of variation in FP is unexplained—indicating that management could well matter.
Original languageEnglish
Pages (from-to)75-80
Number of pages6
JournalPublic Money and Management
Issue number1
Publication statusPublished - 2019

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