Conceptual measurement model of economic result in public entities

Abstract

The increasing actuation of the society in the discussion processes and decision makings related to public politics stimulates public administration in Brazil to search for mechanisms to demonstrate efficiency and disclosure in resources applications (accountability). This work adopted the conceptual measurement model of economic result in public entities and it had as main objective to demonstrate that the theory of Value Based Management can be adapted as a tool for performance evaluation of public entities, adopting the perspective of the citizen as a shareholder. Public university hospitals managers can improve the decision makings process using the economic value added to the society calculation because it has been consisted that this measure of economic value has sensitivity in identifying which value drivers should be emphasized in short and long term management. Additionally, the study has demonstrated that the theory of Value Based Management can be adapted as a tool for performance evaluation of public entities, adopting the perspective of the citizen as a shareholder..