Social Capital and Public Financial Performance: Lessons from Florida

Michele Tantardini, Hai (David) Guo, Nazife Ganapati

Research output: Contribution to journalArticle

1 Citation (Scopus)

Abstract

This article investigates the role of social capital in public financial performance in the United States—a topic that has not been adequately examined in the public administration literature. Research in this area will provide insight into how the public sector can be managed more effectively, efficiently, and innovatively. Moreover, this research is timely, given the context of financial and economic recession that has left local governments in the United States with persistent and long-term fiscal challenges. Using county-level panel data from the state of Florida over a seven-year period, the article finds strong support for the hypothesis that community social capital is positively and significantly associated with public financial performance. Findings reinforce the need for deeper understanding of social capital, as well as other community-level factors that are external to public sector agencies, in investigations of the different dimensions of public sector performance. The article includes policy recommendations on how to recognize and build community social capital due to its instrumental value in public management.

Original languageEnglish (US)
Pages (from-to)480-503
Number of pages24
JournalPublic Performance and Management Review
Volume40
Issue number3
DOIs
StatePublished - Feb 1 2017

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social capital
public sector
performance
community
public management
recession
public administration
Social capital
Financial performance
economics
Public sector
Values

All Science Journal Classification (ASJC) codes

  • Public Administration
  • Strategy and Management

Cite this

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Social Capital and Public Financial Performance : Lessons from Florida. / Tantardini, Michele; Guo, Hai (David); Ganapati, Nazife.

In: Public Performance and Management Review, Vol. 40, No. 3, 01.02.2017, p. 480-503.

Research output: Contribution to journalArticle

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