Budgetary stewardship, innovation and working culture: identifying the missing ingredient in English and Welsh local authorities' recipes for austerity management

Ferry, L, Coombs, H and Eckersley, P ORCID logoORCID: https://orcid.org/0000-0001-9048-8529, 2017. Budgetary stewardship, innovation and working culture: identifying the missing ingredient in English and Welsh local authorities' recipes for austerity management. Financial Accountability & Management, 33 (2), pp. 220-243. ISSN 0267-4424

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Abstract

Drawing on fieldwork with 70 local authorities in England and Wales, this article builds on previous studies of austerity management by highlighting the importance of organisational cultures to achieving strategic objectives. It finds that, in line with their prevailing "belief system" of budgetary stewardship, local authorities in both countries are holding down input costs to deal with austerity. However, the scale of funding cuts means this strategy is unlikely to be successful over the longer term. Instead, they need greater freedom to generate revenue, in order to facilitate innovation and develop more sustainable business practices and service models.

Item Type: Journal article
Publication Title: Financial Accountability & Management
Creators: Ferry, L., Coombs, H. and Eckersley, P.
Publisher: Wiley-Blackwell
Date: May 2017
Volume: 33
Number: 2
ISSN: 0267-4424
Identifiers:
Number
Type
10.1111/faam.12117
DOI
Rights: © 2017 John Wiley & Sons Ltd.
Divisions: Schools > Nottingham Business School
Record created by: Linda Sullivan
Date Added: 26 Apr 2018 08:02
Last Modified: 26 Apr 2018 08:02
URI: https://irep.ntu.ac.uk/id/eprint/33336

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