B P International

The process of change being undertaken by public administration in recent years leaves us, as citizens, surprised by the intensity and the constancy of the efforts being made in rethinking both reference systems as well as organizational procedures adopted by public institutions to provide services to communities. This concept can be summarized by the term "corporatization" of public administration. The prevailing business model is a stakeholder oriented model, in which a company is conceptualized as the centre of a network of interests in which stakeholders are the subjects that make up the administrative community: citizens, public administrations, providers of goods and services, investors, employees and interest groups. Within this context, in order to proceed uninterrupted and with constant forward momentum, public administration must work to ensure the simultaneous satisfaction of diverse interests. Author(s) Details Prof. Ubaldo Comite Department of Bus...

The emergence of corporate governance has tremendously improved the business working environment since its inception in the world, and in Tanzania, in particular. The dramatic change of social and economic environment is the fruits of the development of corporate governance around the world. The concept of corporate governance has attracted researchers’ attention over the last twenty years due to several factors which include the widespread of capitalism and the rapid speed of privatization; the growth of companies; deregulation, and the integration of capital markets and globalization; pension fund reforms and the growth of private savings; shareholder activism. Among the areas in the Tanzanian financial markets whose corporate governance contribution cannot be left unnoticed is the financial sector. During the last decade financial sector in Tanzania, particularly banking sector, has witnessed rapid changes in the socio- economic and technological settings which impacted on economi...