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6 results on '"McCue, Clifford"'

3. Administrative innovation among Ohio local government finance officers

Author

Gianakis, Gerasimos A. and McCue, Clifford P.

Subjects
Ohio -- Political aspects, Public administration -- Innovations -- Political aspects, Local finance -- Innovations -- Political aspects, Local government, Government, Law, Innovations, Political aspects
Abstract

This study centers on a mailed survey of Ohio local government finance officers that recorded a 43% response rate. It seeks to determine the extent to which the represented jurisdictions [...]

Published
1997

4. E-Procurement Adoption in Local Governments of the United States.

Author

Prier, Eric and McCue, Clifford P.

Subjects
SURVEYS, ELECTRONIC procurement, LOCAL government, DECENTRALIZATION in government, GOVERNMENT purchasing
Abstract

The article discusses the results on a survey about the adoption of electronic procurement by local government procurement practitioners in the U.S. It was found that the practitioners have different perception about the technology which are based upon the level of centralization of the purchasing organization. There is a variation in the level of e-procurement adoption and integration with other system. Majority of them stress that such technology improves the overall purchasing efficiency.

Published
2007

6. The Risk-Return Paradox in Local Government Investing.

Author

McCue, Clifford P.

Subjects
GOVERNMENT executives, INVESTMENTS, INVESTMENT advisors, RISK management in business, PROSPECTING costs, PUBLIC investments, INVESTMENT analysis, RISK, ATTITUDE (Psychology), ECONOMIC structure, LOCAL government, ECONOMICS
Abstract

This study contrasts expected utility theory in the form of modern portfolio theory (MPT) with a descriptive psychological analysis in the form of prospect theory. For local government investment managers, the assumptions underlying MPT are violated in the manner predicted by prospect theory. Findings confirm the notion that local government investment managers are risk-averse when facing an investment gain and risk-seeking when facing an investment loss. Although a number of researchers have appealed to prospect theory to explain firm and industry risk patterns, the utility of prospect theory in public sector organizations is questioned. This study finds that irrespective of their personal disposition toward risk, local government chief investment officers defer to a compelling public interest when making investment decisions for their organization. [ABSTRACT FROM AUTHOR]

Published
2000
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