Application of the Public-Private Partnership Organizational Structure in the Improvement of Business Operations of Public Sector Enterprises in Serbia

Many countries have made an approach to harmonization and design of the organizational and legal framework that encourages private sector participation in the co-ownership of public sector enterprises. This is why the aim of the paper was to draw attention to the potentials that are available to the...

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Bibliographic Details
Published in:Lex localis-journal of local self-government 2015-07, Vol.13 (3), p.397-417
Main Authors: Benkovic, Sladjana, Krivokapić, Jovan, Milosavljević, Miloš
Format: Article
Language:English
Subjects:
Aggravating circumstances
Agricultural production
Agriculture
Business improvement districts
Concessions
Construction
Cooperation
Economic activity
Enterprises
Harmonization
Infrastructure
Law
Organizational effectiveness
Organizational Structure
Partnership
Private sector
Project finance
Public enterprise
Public enterprises
Public ownership
Public private partnerships
Public Sector
Public Sector Private Sector Relations
Public services
Public-private partnership
Rural areas
Serbia
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Summary:Many countries have made an approach to harmonization and design of the organizational and legal framework that encourages private sector participation in the co-ownership of public sector enterprises. This is why the aim of the paper was to draw attention to the potentials that are available to the public sector in Serbia in the improvement of business operations, taking into account the current Law on public-private partnerships and concessions which has been present in practice for less than two years. The paper's contribution is reflected in the presented model of the organizational, financial and developmental benefits of a public enterprise, through the application of the public-private partnership concept while bearing in mind the circumstances that are specific to the Serbian market.
ISSN:1581-5374
1581-5374
DOI:10.4335/13.3.397-417(2015)