Assessing effects of moral hazard -related behaviours on quality and satisfaction of public-private-partnership (PPP) construction projects: case study of Ghana
Construction projects;
Effects;
Moral hazard;
Public-private-partnership (PPP);
ASYMMETRIC INFORMATION;
ADVERSE SELECTION;
RISK-MANAGEMENT;
PERFORMANCE;
SUBCONTRACTOR;
INCENTIVES;
D O I:
10.1108/JFM-06-2022-0057
中图分类号:
C93 [管理学];
学科分类号:
12 ;
1201 ;
1202 ;
120202 ;
摘要:
PurposeThis study aims to investigate the effects of moral hazard on quality and satisfaction of public-private-partnership (PPP) construction projects in Ghana. Design/methodology/approachAfter undertaking a literature review, questionnaires were used to elicit responses from respondents. Population consisted of quantity surveyors, project managers, procurement officers, consultants, public agency officers involved in PPP projects, private partners and contractors. A total of 211 questionnaires were received from 250 distributed. Purposive and snowballing sampling techniques were adopted. Analytical tools were Cronbach's alpha for testing reliability, regression, mean score ranking and relative importance index. FindingsReduced mutual trust and respect, poor clarity of project objectives; consequence on decision-making; less effective construction process; and increased construction risks were the significant effects of moral hazard on satisfaction of PPP construction projects. Value-based effects; manufacturer-based effects; product-based effects; user-based effects; and transcendent-based effects were the significant effects of moral hazard on quality of PPP construction projects. Practical implicationsConstruction stakeholders involved in delivering PPP projects ought to take note of the findings and recommendations arising. Further studies should explore the effects on other project performance indicators apart from satisfaction and quality. Originality/valueThis paper extends knowledge in the area of exploring the effects of moral hazard on PPP project satisfaction and quality. The findings are beneficial to both academia and industry practitioners.
机构:
Hong Kong Polytech Univ, Dept Bldg & Real Estate, Kowloon, Hong Kong, Peoples R ChinaHong Kong Polytech Univ, Dept Bldg & Real Estate, Kowloon, Hong Kong, Peoples R China
Robert, Osei-Kyei
论文数: 引用数:
h-index:
机构:
Dansoh, Ayirebi
Ofori-Kuragu, J. K.
论文数: 0引用数: 0
h-index: 0
机构:
Kwame Nkrumah Univ Sci & Technol, Dept Bldg Technol, Kumasi, GhanaHong Kong Polytech Univ, Dept Bldg & Real Estate, Kowloon, Hong Kong, Peoples R China
机构:
Hong Kong Polytech Univ, Dept Bldg & Real Estate, Hong Kong, Hong Kong, Peoples R ChinaHong Kong Polytech Univ, Dept Bldg & Real Estate, Hong Kong, Hong Kong, Peoples R China
Tang Liyaning
Shen Qiping
论文数: 0引用数: 0
h-index: 0
机构:
Hong Kong Polytech Univ, Dept Bldg & Real Estate, Hong Kong, Hong Kong, Peoples R ChinaHong Kong Polytech Univ, Dept Bldg & Real Estate, Hong Kong, Hong Kong, Peoples R China
Shen Qiping
Cheng Eddie
论文数: 0引用数: 0
h-index: 0
机构:
Hong Kong Polytech Univ, Dept Bldg & Real Estate, Hong Kong, Hong Kong, Peoples R ChinaHong Kong Polytech Univ, Dept Bldg & Real Estate, Hong Kong, Hong Kong, Peoples R China
Cheng Eddie
PROCEEDINGS OF 2008 INTERNATIONAL CONFERENCE ON CONSTRUCTION & REAL ESTATE MANAGEMENT, VOLS 1 AND 2,
2008,
: 6
-
9
机构:
Ho Chi Minh City University of Technology (HCMUT),Faculty of Civil EngineeringHo Chi Minh City University of Technology (HCMUT),Faculty of Civil Engineering
Pham Vu Hong Son
Le Tung Duong
论文数: 0引用数: 0
h-index: 0
机构:
Vietnam National University Ho Chi Minh City (VNUHCM),undefinedHo Chi Minh City University of Technology (HCMUT),Faculty of Civil Engineering
机构:
Hong Kong Polytech Univ, Dept Bldg & Real Estate, Kowloon, Hong Kong, Peoples R ChinaHong Kong Polytech Univ, Dept Bldg & Real Estate, Kowloon, Hong Kong, Peoples R China
Osei-Kyei, Robert
Chan, Albert P. C.
论文数: 0引用数: 0
h-index: 0
机构:
Hong Kong Polytech Univ, Dept Bldg & Real Estate, Kowloon, Hong Kong, Peoples R ChinaHong Kong Polytech Univ, Dept Bldg & Real Estate, Kowloon, Hong Kong, Peoples R China
机构:
Birmingham City Univ, Dept Built Environm, Birmingham, W Midlands, England
Univ Johannesburg, Fac Engn & Built Environm, Johannesburg, South AfricaKwame Nkrumah Univ Sci & Technol, Dept Construct Technol & Management, Kumasi, Ghana
机构:
Macau Univ Sci & Technol, Sch Business, Macau 999078, Peoples R ChinaMacau Univ Sci & Technol, Sch Business, Macau 999078, Peoples R China
Luo, Ziqian
Li, Junjie
论文数: 0引用数: 0
h-index: 0
机构:
Shenzhen Univ, Underground Polis Acad, Shenzhen 518060, Peoples R ChinaMacau Univ Sci & Technol, Sch Business, Macau 999078, Peoples R China
Li, Junjie
Wu, Zezhou
论文数: 0引用数: 0
h-index: 0
机构:
Shenzhen Univ, Underground Polis Acad, Shenzhen 518060, Peoples R China
Shenzhen Univ, Minist Educ, Key Lab Resilient Infrastruct Coastal Cities, Shenzhen 518060, Peoples R China
Shenzhen Univ, Sino Australia Joint Res Ctr BIM & Smart Construc, Shenzhen 518060, Peoples R ChinaMacau Univ Sci & Technol, Sch Business, Macau 999078, Peoples R China
Wu, Zezhou
Li, Shenghan
论文数: 0引用数: 0
h-index: 0
机构:
Shenzhen Univ, Underground Polis Acad, Shenzhen 518060, Peoples R China
Shenzhen Univ, Minist Educ, Key Lab Resilient Infrastruct Coastal Cities, Shenzhen 518060, Peoples R China
Shenzhen Univ, Sino Australia Joint Res Ctr BIM & Smart Construc, Shenzhen 518060, Peoples R ChinaMacau Univ Sci & Technol, Sch Business, Macau 999078, Peoples R China
Li, Shenghan
Bi, Guoqiang
论文数: 0引用数: 0
h-index: 0
机构:
Jinan Haiying Real Estate Dev Co, Jinan 250000, Peoples R ChinaMacau Univ Sci & Technol, Sch Business, Macau 999078, Peoples R China