Governance and Accountability for Italian Public Utilities Companies

The present paper deals with a critically Italian question with regard to the actual debate about public utility sector. The paper tries to point out positive effects that a suitable accountability system can produce in the management of local public utilities in order to bridge the gap between Public Utilities Companies and their stakeholder. In the paper the policies, the strategies and all accountability tools of some Italian listed public utilities companies are analyzed. The aim of the paper is to highlight the different rules and regulations in European and Italian system proceeding with a comparison between the Italian definition of Public Utilities and European legislation too. The purpose is to define roles and responsibility in managing Public Utilities Companies.