Abstract
The public services have seen a significant increase in the importance placed on financial issues and priorities throughout the 1980s. These have ranged from the introduction of competition on the basis of cost and profit, to the setting of specific financial targets or objectives at the strategic level of the organisation. At the same time the role and provision of financial information as an aid to decision-making has been enhanced. The impact of these measures has been felt within all public service institutions including the National Health Service (NHS), the universities, local authorities and central government.
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© 1993 Richard Tonge
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Tonge, R. (1993). Financial Management. In: Farnham, D., Horton, S. (eds) Managing the New Public Services. Palgrave, London. https://doi.org/10.1007/978-1-349-22646-7_4
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DOI: https://doi.org/10.1007/978-1-349-22646-7_4
Publisher Name: Palgrave, London
Print ISBN: 978-0-333-56292-5
Online ISBN: 978-1-349-22646-7
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