Ferry, L. and Coombs, H. and Eckersley, P. (2017) 'Budgetary stewardship, innovation and working culture : identifying the missing ingredient in English and Welsh local authorities’ recipes for austerity management.', Financial accountability and management., 33 (2). pp. 220-243.
Drawing on fieldwork with 70 local authorities in England and Wales, this paper builds on previous studies of austerity management by highlighting the importance of organisational cultures to achieving strategic objectives. It finds that, in line with their prevailing ‘belief system’ of budgetary stewardship, local authorities in both countries are holding down input costs to deal with austerity. However, the scale of funding cuts means that this strategy is unlikely to be successful over the longer term. Instead, they need greater freedom to generate revenue, in order to facilitate innovation and develop more sustainable business practices and service models.
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|Publisher Web site:||https://doi.org/10.1111/faam.12117|
|Publisher statement:||This is the accepted version of the following article: Ferry, L., Coombs, H. and Eckersley, P. (2017), Budgetary Stewardship, Innovation and Working Culture: Identifying the Missing Ingredient in English and Welsh Local Authorities’ Recipes for Austerity Management. Financial Accountability & Management, 33(2): 220-243, which has been published in final form at https://doi.org/10.1111/faam.12117. This article may be used for non-commercial purposes in accordance With Wiley Terms and Conditions for self-archiving.|
|Record Created:||28 Oct 2015 09:35|
|Last Modified:||04 Apr 2019 10:46|
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