Introduction This short paper is fundamentally a reflection on the subject, a medium size Italian municipality, that one of Terni, with about 110.000 inhabitants (number rather stable from 2000), about 1.000 employees and a budget (2008) of €370 million. This municipality has 3 fully owned corporations, participates with high percentages in 3 corporations and has minority in others 5. Due to the paucity of space and time is virtually impossible to establish a strong empirical research method, the following relationship will evolve, by necessity, on a theoretical and analytical way. I intend to deepen the capability to apply proper corporate governance strategies, in order to fulfil the will of […]
