Who are the Public Equity Holders? Partnerships for Urban Sustainability in Philadelphia and Baltimore

dc.contributor.authorGibson, Ed
dc.date.accessioned2017-04-10T21:09:38Z
dc.date.available2017-04-10T21:09:38Z
dc.date.issued2011-09-01
dc.description.abstractThe Great Recession has strained governments at all levels and presented cities, especially formerly industrial cities, with nearly unprecedented budgetary challenges. This paper examines the long-term implications for infrastructure maintenance and service provision of unfavorable economic and demographic trends in Philadelphia and Baltimore. The concept of the public equity holder, which borrows a term for public finance from corporate finance, introduces a category of potential contributors to the capital deficit undermining urban sustainability. The concept is illustrated by a case study of the two cities to explore how candidate public equity holders, including taxpayers, nonprofits, and public employees, may contribute. Resulting from this research are identifiable factors, particularly patience and risk tolerance, which have led to or impeded partnerships promoting urban sustainability and will provide the foundation for broader future study.en_US
dc.description.urihttp://pracademics.com/index.php/158-jpbafm-years/jpbafm-2011/volume-23-number-3-fall-2011/823-ed-gibsonen_US
dc.format.extent33 pagesen_US
dc.genrejournal articlesen_US
dc.identifierdoi:10.13016/M20V7X
dc.identifier.citationWho are the Public Equity Holders? Partnerships for Urban Sustainability in Philadelphia and Baltimore.” (2011). Journal of Public Budgeting, Accounting & Financial Management 23(3).en_US
dc.identifier.urihttp://hdl.handle.net/11603/3871
dc.language.isoen_USen_US
dc.publisherPRAcademicsen_US
dc.relation.isAvailableAtUniversity of Baltimore
dc.subjectpublic finance, public equity, stakeholder, Baltimore, Philadelphia, local government, sustainability, human capital, social capital, risk aversion, fiscal stress, capital deficit, conveneren_US
dc.titleWho are the Public Equity Holders? Partnerships for Urban Sustainability in Philadelphia and Baltimoreen_US
dc.typeTexten_US

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