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INCENTIVES, PROCUREMENT AND REGULATION OF WORK INTEGRATION SOCIAL ENTERPRISES IN FRANCE: OLD IDEAS FOR NEW FIRMS?
Author(s) -
GIANFALDONI Patrick,
MORAND PierreHenri
Publication year - 2015
Publication title -
annals of public and cooperative economics
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.526
H-Index - 37
eISSN - 1467-8292
pISSN - 1370-4788
DOI - 10.1111/apce.12078
Subject(s) - incentive , procurement , normative , business , process (computing) , work (physics) , industrial organization , workfare , point (geometry) , public economics , economics , microeconomics , market economy , marketing , political science , mechanical engineering , geometry , mathematics , computer science , welfare , law , engineering , operating system
Work Integration Social Enterprises (WISEs) in France become increasingly dependent on commercial resources through public and private markets. Following New Public Management reforms that try to modernize the sector via market oriented management, they have restructured and modified their practices. We compare the normative prescriptions of the theory of incentives in regulation to the actual practices. The trend toward competitive process is described and the form of incentives contract toward workfare is detailed. Are the main insights of this literature appealing for this kind of enterprises? Do the traditional incentives and contract theories ignore some very specific features of WISEs entities? We point out the drawbacks of potentially inaccurate forms of regulation contracts currently used.