Svenska statens inköp av finansiell rådgivning
Ramavtalsupphandlingen för finansiell rådgivning avseende statligt ägda bolag 2004
Purchasing of financial servicesPublic purchasingPurchasing of a Private Equity companyTransactional- versus relational purchasing approachLagen om offentlig upphandling (LOU)
This study finds that the Swedish Government has a process for purchasing financial advisory services that is more transaction-oriented than the corresponding process at a Swedish private equity firm. The conclusion is supported by previous research comparing public and private sector purchasing processes. However, the differences between the two purchasing processes are not as significant as one might believe given the fact that the Government, unlike the private equity firm, has to operate under the Public Procurement Act (LOU). The tendency of the Swedish Government to apply a more relationoriented purchasing approach than expected is most likely driven by the fact that this represents the established professional norm for purchasing of professional services in the private sector. As LOU and the professional norm impose contradictory influences on the Swedish Government?s purchasing of financial advisory services, the final outcome depends on which of the two forces that dominate.