Author : Xin Zhao (Public affairs researcher)
Release : 2011
Genre : New York (State)
Kind :
Book Rating : /5 ( reviews)

GET EBOOK

Governmental Capital Management - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Governmental Capital Management write by Xin Zhao (Public affairs researcher). This book was released on 2011. Governmental Capital Management available in PDF, EPUB and Kindle. The purpose of this research was to examine how New York State government applies the Government Performance Project (GPP) capital management model and explore the components and procedures incorporated in capital management. The research was expected to fill the gap that defines the systematic structure incorporated in capital management between theory and practice. A qualitative method was used in the research. The researcher conducted a survey among 203 identified financial managers who are currently working in 110 state agencies and collected data through a designed survey and documentation review. The researcher reviewed the state's financial laws and regulations, agencies' procedures related to capital management, and the 2008, 2009, and 2010 internal auditing reports that are available online. The researcher categorized the collected information from document review and analyzed the data collected from the survey. The findings of the survey show that the New York State is applying the GPP capital management model in the management of their assets. The six identified components of long-range planning, capital budgeting, project management, maintenance, decision criteria for assessing a project, and risk management are not only applied by most responding state agencies, but also other components such as information security, compliance with governmental law and regulations and internal control are used. In addition, the state provides its successful experiences on project management and internal control. The key findings of this case study are valuable to other state governments to better manage capital assets.