Study title
Print media coverage of public service corporations
Creator
Study number / PID
852690 (UKDA)
10.5255/UKDA-SN-852690 (DOI)
Data access
Open
Series
Abstract
Public Service Corporations (PSCs) such as Serco, Capita and G4S are large businesses that are relatively specialised in the delivery of public services. They have been subject to very little direct analysis by policy scholars and this project starts to fill that gap. Over recent years there have been a number of contract failures for example relating to the Olympic security contract, GP out of hours services, allegations of abuse of inmates in immigration detention centres and overcharging on contracts for prisoner tagging. Such failures damage companies’ reputations and may hurt their hopes of further public contracts. This project will analyse the effect on PSC share prices of public scrutiny of failures and controversies. Responsiveness of PSC share price to public scrutiny may constitute a new type of political accountability, giving the corporations incentive to improve performance, or at least avoid public scandal. The effect of public scrutiny on share price may also shape the strategic relationship between Government and its large contractors.
Topics
Keywords
Methodology
Data collection period
Not availableCountry
Time dimension
Not availableAnalysis unit
Universe
Not availableSampling procedure
Not availableKind of data
Data collection mode
Funding information
Grant number
SG142072
Access
Publisher
UK Data Service
Publication year
2017