Institutional entrepreneurship and infrastructure public-private partnership (PPP): Unpacking the role of social actors in implementing PPP projects

Biygautane, Mhamed; Neesham, Cristina; Al-Yahya, Khalid O.

doi:10.1016/j.ijproman.2018.12.005

Cited by 65 publications

(80 citation statements)

References 87 publications

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“…From the social dimension, Bennett [18] emphasized the importance of social sustainability in PPP projects and believed that indicators of sustainability should be used by all participants of PPP projects. Moreover, social relationships, social organization activities, and other social factors play an essential role in breaking through technical and institutional limitations which are related to the financial sustainability of PPP projects [19]. From the economic perspective, financial sustainability is of core importance for all stakeholders in PPP projects [18].…”

Section: Ppp Projects From the Sustainability Perspectivementioning

confidence: 99%

Capital Structure of Public–Private Partnership Projects: A Sustainability Perspective

Jing

Jin

2019

Sustainability

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Capital is key to achieve the standardized operation of public–private partnership (PPP) projects. The capital structure of PPP projects stresses the structure of equity and debt funds, which are important for securing life-cycle ample funds and achieving the expected outcomes of projects. By incorporating sustainability into PPP projects, the capital structure not only secures current needs of funds, it also focuses on life-cycle stable operations and achieves economic, social, and environmental benefits. This study first set the equity–debt ratio and equity investment ratio of the private sector as the dependent variables and built a selection model of the capital structure of PPP projects from a sustainability perspective using the benefit, cost, and project conditions as core factors based on multi-objective programming and a discounted cash-flow model. Then, the qualitative analysis could be achieved according to the analysis of critical factors that had not been calculated. Afterwards, a selection process which combined the multi-objective programming model with qualitative analysis was proposed to achieve a comprehensive selection of the capital structure of PPP projects from the sustainability perspective. Finally, the process was applied to a real project to verify its rationality and usability. This study not only enriches the theoretical research of PPP projects and provides a new idea on which to build the capital structure selection model, it also proposes a selection process that can provide scientific references for the selection and optimization of the capital structure of PPP projects in practice.

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Section: Ppp Projects From the Sustainability Perspectivementioning

confidence: 99%

Capital Structure of Public–Private Partnership Projects: A Sustainability Perspective

Jing

Jin

2019

Sustainability

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“…The PPP model itself involves complex interest groups comprised of contractors, financial institutions, public sector clients, consultants and facilities management organizations (Akintoye et al, 2003; Grimsey and Lewis, 2004; Glazyrina et al, 2014; Akhmetshina and Mustafin, 2015), focusing more on social dynamics involving policy, legal and financial support, credit system construction, market operation forms of interaction, and mutual influences (Biygautane et al, 2019).…”

Section: Green Accountingmentioning

confidence: 99%

“…In PPP projects, norms are shaped coordinating work among various organizational entities (Biesenthal et al, 2018), exploring the organizational dynamics of the project (Miterev et al, 2017). The process of institutional entrepreneurship is even far beyond the power of institutional entrepreneurs and can actively address the institutional and technical constraints that hinder PPPs (Biygautane et al, 2019). Individuals’ thoughts and actions are influenced by the institutional environment they are in, and individuals interact with each other to change the organization they lead (Battilana and D’aunno, 2009).…”

Section: Green Accountingmentioning

confidence: 99%

Top Management Attributes, Psychological Capital, and Green Accounting Effectiveness in Public-Private Partnership Context

Chu

Lee

et al. 2019

Front. Psychol.

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Through individual and/or collective psychological states affected by demographic attributes, top managers shape the corporate culture and determine the overall strategic directions of an organization. Thus, top management attributes affect the adoption of critical company-wide practices. This opinion paper discusses the implications of, and urges academic attention to, the role psychological capital plays in the relationship between top manager attributes and the effectiveness of green accounting practices adoption in a public-private partnership (PPP) context. Theoretical and practical implications are elaborated upon.

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“…The primary reason for public-private partnership in infrastructure development is administrative issues, both in financial and management (Biygautane et al, 2019). For the private sector, such partnership establishes the corporation's market holds and benefit other ongoing projects.…”

Section: Introductionmentioning

confidence: 99%

Communicating the potency of tourism: Study case of Wisata Bahari Lamongan

Khitam

Suaedi

Asmorowati

2020

Indonesian Journal of Communications Studies

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This study aimed to determine the negotiation model and system of tourism partnership between the local government and the private sector to develop the “Wisata Bahari Lamongan” (WBL). This research used the qualitative method and negotiation theory part of public diplomacy. This research found that the negotiation and collaboration system used was the Public-Private partnership model with a built/operate/transfer (BOT) system. The private sector was allowed to build tourism facilities according to specified specifications. Then, the facility was built and operated by a private party for 25 years. After the period ended, Wisata Bahari Lamongan ownership was transferred to the local government.

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Institutional entrepreneurship and infrastructure public-private partnership (PPP): Unpacking the role of social actors in implementing PPP projects

Cited by 65 publications

References 87 publications

Capital Structure of Public–Private Partnership Projects: A Sustainability Perspective

Capital Structure of Public–Private Partnership Projects: A Sustainability Perspective

Top Management Attributes, Psychological Capital, and Green Accounting Effectiveness in Public-Private Partnership Context

Communicating the potency of tourism: Study case of Wisata Bahari Lamongan

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