Key sustainable success factors and peculiarities of publicly owned utilities: Multiple case studies in Italy
公有公益事業の持続可能な成功要因と特性：イタリアにおける複数事例研究 (AI 翻訳)
Giulia Romano, M. Minoja
🤖 gxceed AI 要約
日本語
本研究は、イタリアの4つの公有公益事業会社を事例に、Public Value Theoryに基づき、社会的・環境的・経済的価値を同時に生み出す成功要因を分析。責任ある企業統治、高品質で安定した経営、研究開発へのコミットメント、ステークホルダー関与の4要因を特定。また、完全公有企業の特徴として、配当圧力の低さと競争欠如による知識共有の促進を指摘。
English
This study analyzes four Italian municipally owned public service companies to identify key success factors for producing social, environmental, and economic value. It finds responsible governance, stable management, innovation commitment, and stakeholder engagement as critical. Additionally, lower dividend pressure and lack of perceived competition distinguish fully public utilities.
Unofficial AI-generated summary based on the public title and abstract. Not an official translation.
📝 gxceed 編集解説 — Why this matters
日本のGX文脈において
日本の公有公益事業（水道、ごみ処理など）にとっても、ガバナンスやイノベーションへの取り組みが持続可能性に寄与する示唆が得られる。ただし、イタリア制度に基づくため直接適用には注意。
In the global GX context
This paper contributes to the literature on public value creation and sustainability in publicly owned utilities. It provides evidence from Italy on how governance and management practices can enhance triple bottom line performance. The findings are relevant for policymakers and managers in public services worldwide.
👥 読者別の含意
🔬研究者:Scholars in public administration and sustainability can use these findings to further explore success factors in public utilities across different countries.
🏢実務担当者:Managers of publicly owned utilities can adopt the identified success factors, such as responsible governance and stakeholder engagement, to improve sustainability performance.
🏛政策担当者:Policymakers can consider how to structure ownership and governance to encourage long-term sustainability investments and knowledge sharing.
📄 Abstract（原文）
Local public services are central to the collective well-being and community development. Identifying sustainable success factors in managing public services is crucial. Drawing on Public Value Theory, this study investigates the key factors enabling public service operators to produce value simultaneously for citizens (social value), the environment (environmental value) and themselves (economic value), as well as the elements that make the management of public services unique to companies with entirely publicly owned capital. Through an in-depth analysis of four Italian, fully municipality-owned public service companies operating in different sectors, we found that four interconnected key success factors enable the production of such a multi-dimensional value: responsible corporate governance, high-quality and stable management, commitment to research and innovation, and stakeholder engagement. Moreover, two elements seem to distinguish the management of public services offered by companies with wholly publicly owned capital from those with mixed or entirely private capital: lower pressure for dividends, which supports investments through self-financing, and the lack of perceived competition, which fosters knowledge sharing beyond the served territories. This study provides useful suggestions to policymakers and public managers on how to enhance public value creation for citizens and stakeholders, the environment and the company itself through municipally owned corporations offering public services. This is expected to occur through pursuing responsible and cohesive forms of governance, hiring high-quality, autonomous managers, engaging citizens and stakeholders and making a commitment to innovation, as well as having a parsimonious dividend policy aimed at internal funding of investments and fostering openness to knowledge sharing beyond the served territories.
🔗 Provenance — このレコードを発見したソース
- semanticscholar https://doi.org/10.1177/00208523261420984first seen 2026-05-15 21:34:50 · last seen 2026-06-10 05:43:24
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gxceed は公開メタデータに基づく研究支援データセットです。要約・翻訳・解説は AI 支援で生成されています。 最終的な解釈・検証は利用者が原典資料に基づいて行うことを前提とします。