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Periodical article Periodical article Leiden University catalogue Leiden University catalogue WorldCat catalogue WorldCat
Title:Performance contracts and State enterprises: the Ghanaian perspective
Authors:Simpson, Samuel Nana Yaw
Onumah, Joseph Mensah
Periodical:African Administrative Studies (ISSN 0007-9588)
Geographic term:Ghana
Subjects:public enterprises
Abstract:Performance contracts, variously named contract plans, memorandum of understanding, signalling systems, performance agreements, results frameworks, were introduced in Ghana in the mid-1980s as part of the State-owned enterprises reform programme. They were intended to improve the operations and performance of State-owned enterprises. However, evidence on their effectiveness in Ghana appears inconclusive. The present study examined the format, content and design, as well as the impact and prospects of performance contracts used by State-owned enterprises in Ghana. It found that performance contracts have significantly improved the link among the key stakeholders of State-owned enterprises: the sector ministries, the Ministry of Finance and Economic Planning, and the State Enterprises Commission. They have established a culture of planning among State-owned enterprises, ensuring accountability, and have made management of State-owned enterprises more focused on specific quantifiable targets. Performance contracts in Ghana tend to assign high weight to economic goals and in some cases no weight to productivity. App., bibliogr., notes, ref., sum. [ASC Leiden abstract]