Evaluating Performance Contracting as a Tool for Evaluating State-Owned Enterprises in Two Developing Countries: A Look at the Performance Dimensions

Abstract

This paper is concerned about the performance evaluation aspect of performance contracting (PC), particularly, the performance dimensions used in performance contract system for evaluating the performance of State-Owned Enterprises (SOEs). The paper draws on evidence from the Ghanaian and Kenyan SOE sectors. The performance indicators under each broad performance dimension of the performance contract system were reviewed. This was achieved using data collected from multiple secondary sources including policy documents, government reports and publications. The findings of the paper revealed a number of insights into the evaluation of performance contracting as a tool for evaluating SOEs.

Keywords: performance evaluation system, performance contracting, State-owned enterprises, performance dimensions, Ghana, Kenya