The public sector is one of the most dynamic areas of the UK’s economy today as successive
governments have sought to introduce market forces via regulation, funding changes, and
external audit requirements. From the NHS, to local government, to not for profit
institutions in the education sector, the current climate of austerity brings ever greater
challenges in achieving a much broader set of aims than simply the maximisation of
shareholder wealth.
Using publically available data, annual reports, and industry research we can focus on any
one of these subsectors and investigate the impact of new regulation, and new ‘quasi
market’ structures, on how these entities operate, how well they ‘perform’, and how
success can be measured in both monetary and non-monetary terms.
Example research questions could include:
1. How have funding restrictions impacted the key performance indicators of NHS
Foundation Trusts?
2. How have increased audit and disclosure requirements affected the clinical goals
within the NHS?
3. How have funding cuts impacted on the revenue mix and range of services provided
by local government?
How have tuition fees and increased competition in the higher education sector
impacted University finances
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