Disclosure of public-private partnership (PPP) voluntary information

Abstract

Purpose The purpose of this paper is twofold: first, it seeks the perception of public-private partnership (PPP) experts on the importance of desirable PPP information that can be voluntarily reported by the private sector; and second, it determines the extent and quality of voluntary disclosure of PPP information by private entities. Design/methodology/approach In achieving the first objective, the study uses a questionnaire survey. The questionnaire was distributed to PPP experts and 25 usable responses were received. In addressing the second objective, a content analysis procedure was utilized to analyse the 2015 annual reports of 11 construction companies. Descriptive statistics including the mean score, frequency and percentage were employed to analyse the responses of the questionnaire instrument and the annual reports disclosure. Findings The results of the questionnaire survey reveal that the majority of the items were rated as very important to be disclosed by the private sector in Malaysia. However, from the content analysis, it was also revealed that the extent and quality of voluntary information disclosed by the private construction companies were low. Originality/value This study is important as it contributes to the scant literature on PPP disclosure in Malaysia. The study is unique as it not only investigated the extent and quality of voluntary disclosure by private entities, but also solicited the perception of PPP experts on what voluntary items should be disclosed.

Capability development measures adopted by public sector organizations in PPP projects delivery in developing countries

“…As such, a respondent driven sampling method, which is an advanced snow balling method that eliminates bias in a hidden population, was adopted to determine the sample size of the study (Salganik and Heckathom, 2004). The PSOs constitute a hidden population because they have policies for inadequate disclosure of PPP projects' information, which create difficulty in accessing such information (Musawa et al, 2017). The sample size was determined by building up a referral chain in the survey through a selection of at least one respondent from the professionals from the PSOs.…”

Risk Severity Matrix for Sustainable Public-Private Partnership Projects in Developing Countries

“…The PPP is increasingly becoming the preferred form of delivering public services in developing countries [12,13]. In several countries, pressure from the lowering of public debt has prompted their policymakers to include private sector companies in several investments of economic and social infrastructure, such as toll roads, colleges, hospitals, car parks and facilities [14].…”

“…13, x FOR PEER REVIEW 9 of 14 each other. According to their opinion, the concept of PPP is new in Pakistan in comparison with China and India; secondly, there is a significant difference in the economies of Pakistan, China and India.…”

Transparency of public private partnership (PPP): the extent of mandatory information disclosure

“…Similarly, Hodge (2006) who reviewed Australia’s PPP policies including the parliamentary inquiries on PPP projects concluded that PPP arrangement in reality, “is a two-way government business deals” which typically isolate other affected stakeholders as a result of not disclosing information. In a recent study by Musawa et al (2017) on the extent of voluntary disclosure of PPP information by private companies in Malaysia also revealed that very little information being disclosed.…”

“…Public private partnership (PPP) refers to the collaboration between public sector and private sector companies in designing, building, financing and/or operating public infrastructure for the benefit of the society (Musawa et al , 2017). It is a well-known procurement approach for providing public infrastructure and services which has been adopted in various developed and developing countries.…”