Public values and function creep of the financial rating by local authorities

Abstract : As issuers, local authorities have credit ratings that are used in the search for direct funding from the capital markets. However, some local officials also use their ratings as instruments of local public reporting. Does this function creep affect the public values of local authorities? In line with the theory of publicness (Bozeman, 2007), a measurement of this publicness and the detection of public values (Jorgensen and Bozeman, 2002, 2007) are proposed both for the authorities that expressly mention their rating and those that make no mention of it. A textual analysis of their respective discourses reveals a function creep that conveys a lesser degree of publicness and ‘market’-oriented public values, but also generates one public value: transparency.
Type de document :
Article dans une revue
International Review of Administrative Sciences, SAGE Publications, 2015, 81 (2), pp.303-325 〈10.1177/0020852314554542 〉
Liste complète des métadonnées

https://hal.univ-lorraine.fr/hal-01371839
Contributeur : Cerefige Ul <>
Soumis le : lundi 26 septembre 2016 - 14:58:40
Dernière modification le : mardi 3 avril 2018 - 12:12:16

Identifiants

Collections

Citation

Muriel Michel-Clupot, Serge Rouot. Public values and function creep of the financial rating by local authorities. International Review of Administrative Sciences, SAGE Publications, 2015, 81 (2), pp.303-325 〈10.1177/0020852314554542 〉. 〈hal-01371839〉

Partager

Métriques

Consultations de la notice

82