Economy – Quantitative Finance – General Finance
Scientific paper
2009-04-24
Economy
Quantitative Finance
General Finance
10th International Conference on Arts and Cultural Management (AIMAC 2009), Dallas : \'Etats-Unis d'Am\'erique (2009)
Scientific paper
In a crisis of public finances, France bases all its hopes on the "evaluation of performance" to moderate the effects of a complex crisis. Under the banner of "modernization of the State", a new "financial constitution" called the Organic Law on finance laws (LOLF) became the main lever of reform of public management. Fully applied to the Cultural Affairs since 2006, the LOLF is based on a set of performance indicators and sets the public performance arts institutions specific targets. This article defines and analyzes the pattern of the design and the course of these indicators and targets. It also examines the controversy generated by this new mode of governance.
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