Allocating operating funding in the public sector and the newsvendor problem
Allocating operating funding in the public sector and the newsvendor problem
复制标题
公共部门运营资金的分配和报童问题
DOI：
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发表时间：
2015
影响因子：
3.6
通讯作者：
W. Hurley
中科院分区：
文献类型：
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作者：
J. Brimberg;W. Hurley
公共部门管理人员，特别是政府最高层的管理人员，往往将财政年度结束时失效(或未使用)的资金视为管理不善和(或)财务控制不足的结果。本文的目的是对这一观点提出质疑。我们表明，公共部门的计划环境本质上是经典的报贩问题。这个简单的模型认为，资金流失是经理正确履行职责的直接后果；也就是说，当经理为组织最大化价值时，资金流失时有发生。该模型的扩展表明，允许低价值的年终支出对年内支出的价值产生了不良影响，这表明对年终支出应发挥强有力的审计作用。
Public sector managers, particularly those at the highest level of government, tend to view lapsed (or unused) funds at the end of a fiscal year as a consequence of poor management and/or inadequate financial controls. The aim of this paper is to challenge this view. We show that the planning environment in the public sector is in essence the classical Newsvendor Problem. This simple model argues that lapsed funds are a direct consequence of a manager doing his job properly; that is, lapsed funds occur from time to time when a manager is maximizing value for the organization. An extension of the model shows that allowing low-value year-end spending has an undesirable effect on the value of spending during the year and this suggests a role for a strong audit function for year-end spending.