IRMA-International.org: Creator of Knowledge
Information Resources Management Association
Advancing the Concepts & Practices of Information Resources Management in Modern Organizations

Does It Pay Off for Mayors to Accurately Manage Finance on Municipalities?: The Case of Portugal

Does It Pay Off for Mayors to Accurately Manage Finance on Municipalities?: The Case of Portugal
View Sample PDF
Author(s): Joana Costa (University of Aveiro, Portugal)
Copyright: 2020
Pages: 26
Source title: Financial Determinants in Local Re-Election Rates: Emerging Research and Opportunities
Source Author(s)/Editor(s): Ana Maria Cunha (Polytechnic Institute of Cávado and Ave, Portugal), Augusta Ferreira (University of Aveiro, Portugal), Maria José Fernandes (Polytechnic Institute of Cávado and Ave, Portugal)and Patrícia Gomes (Polytechnic Institute of Cávado and Ave, Portugal)
DOI: 10.4018/978-1-5225-7820-8.ch003

Purchase

View Does It Pay Off for Mayors to Accurately Manage Finance on Municipalities?: The Case of Portugal on the publisher's website for pricing and purchasing information.

Abstract

Under the premise of rationality, politicians behave to maximize re-election probability. Favorable macroeconomic contexts, alignment with central governance, and balanced public finance will be rewarded leading to re-election. Logit estimations applied to Portuguese municipalities in the period 2002-2017 fail to empirically support these theoretical effects, providing no incentive-controlled policy actions. Local voters do not punish mayors for the adverse economic performance, staying loyal to ideological voting geographically and over time. Only turnout punishes incumbents over the entire period. The introduction of the law of limitation of terms did not change the incentives towards wise governance; therefore, lack of electoral punishments to undesirable policy actions withstands the potential misconduct of incumbents. Existing evidence points to the need of reforms in what concerns electoral participation as when we compel voters to express their democratic rights, they become more critical to undesirable achievements.

Related Content

. © 2023.
. © 2023.
. © 2023.
. © 2023.
. © 2023.
. © 2023.
. © 2023.
Body Bottom