Determinants of public-private partnership governance structures: evidence from India

被引:2
|
作者
Dhanshyam, Mahavadi [1 ]
Srivastava, Samir K. [2 ]
Biswas, Indranil [3 ]
机构
[1] Inst Rural Management Anand, Prod Operat Management & Quantitat Tech, Anand, India
[2] Indian Inst Management, Operat Management, Lucknow, India
[3] NEOMA Business Sch, Informat Syst Supply Chain Management & Decis Supp, Mont St Aignan, France
关键词
Public-private partnerships (PPPs); governance structures; public infrastructure services; risk transfer; private sector involvement; PPP contracts; CONTRACTUAL CHOICE; RISK ALLOCATION; COSTS; WATER; INVESTMENT; OWNERSHIP; ECONOMICS; SERVICES; PROJECTS;
D O I
10.1080/14719037.2024.2349125
中图分类号
C93 [管理学];
学科分类号
12 ; 1201 ; 1202 ; 120202 ;
摘要
Public-private partnerships (PPPs) represent a continuum of governance structures characterized by wide variability in private sector risk transfer. Despite the widespread adoption of PPPs, few studies examine the reasons for such heterogeneity. We investigate the factors explaining variability across PPP governance structures and their impact on the extent of private sector risk transfer using ordinal logistic regression on a novel dataset of 2330 Indian PPP projects. We find that the risk transfer is mainly driven by economic and fiscal factors, service-specific transaction costs and project-specific factors, while political factors and institutional quality barely influence it.
引用
收藏
页数:23
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