Examining the relationship among critical success factors (CSFs) for delivery of sustainable public-private partnership projects

被引:1
|
作者
Shah, Mushtaq Ahmad [1 ]
Kumar, Sanjeev [2 ]
Shah, Mohd Asif [3 ]
Rasool, Adil [4 ]
机构
[1] Lovely Profess Univ, Mittal Sch Business, Phagwara, India
[2] Lovely Profess Univ, Dept Hotel Management & Tourism, Phagwara, India
[3] Woxsen Sch Business, Sch Business, Hyderabad, India
[4] Bakhtar Univ, Dept Management, Kabul, Afghanistan
关键词
Public-private partnerships; Value for money (VFM); Infrastructure; Sustainable development; PPP; CHINA; MODEL;
D O I
10.1108/JFMPC-12-2022-0064
中图分类号
F8 [财政、金融];
学科分类号
0202 ;
摘要
PurposeThe sustainable development goal (SDG 17) is to strengthen the means of implementation and revitalise the global partnership for sustainable development. Partnership is a key strategy for acquiring skills, information and private finance for developing critical infrastructure projects. Existing studies have mostly concentrated on identifying critical success factors (CSFs) for successfully delivering public-private partnerships (PPPs) projects, but the interrelationships among CSFs expected from stakeholders have garnered less attention. The purpose of this study is to examine the interconnections among CSFs of PPP projects while keeping the public in mind, as well as the influencing routes that contribute to success in the PPP implementation process.Design/methodology/approachThe study uses a mixed-method approach that involves both quantitative and qualitative methods of data collection. The data for the study were collected through a well-structured questionnaire from the respondents who are directly or indirectly associated with the PPP project implementation process. The CSF's framework was built using a literature study and expert interviews; nine hypotheses were developed and evaluated using structural equation modelling. Random and purposive sampling techniques were used for the respondents who were directly or indirectly associated with the PPP project implementation process.FindingsThe findings of this study reveal that the relationship between public and private partners is more adherent than collaborative, with unequal responsibilities, powers and resources distributed among the parties involved. The relevance of state rules, the PPP directive and policies in PPP implementation is supported by the positive connection between favourable environments (Fav_Env) and government attributes (Gov_Atr; the path coefficient is 0.405). Moreover, government attributes have a favourable influence on private company attributes (Pvt_Atr; the path coefficient is 0.198), showing that the state plays a substantial role in the private sector's decision-making process in PPP. The long-term sustainability and success of a PPP project are dependent on the established interrelationships between CSFs.Practical implicationsThe established interrelationships between CSFs will contribute to the long-term viability and success of a PPP project. Since PPP is still in its infancy in India, the study of CSFs in PPPs and their interrelationships will help policymakers and other stakeholders better understand the major individual factors impacting the success or failure of PPP initiatives.Originality/valueBecause PPP is still in its infancy in India, the study of CSFs in PPPs and their interrelationships will help policymakers and other stakeholders to better understand the major individual factors impacting the success or failure of PPP initiatives. A key implication of the study borders on providing a better understanding of the relationships between CSFs and public engagement. This is also critical for the long-term viability of PPPs and the enhancement of public service quality.
引用
收藏
页码:250 / 273
页数:24
相关论文
共 50 条
  • [1] Critical success factors (CSFs) of public-private partnership (PPP) road projects in Ethiopia
    Debela, Getachew Yilma
    [J]. INTERNATIONAL JOURNAL OF CONSTRUCTION MANAGEMENT, 2022, 22 (03) : 489 - 500
  • [2] Identification of critical success factors for public-private partnership projects
    Sehgal, Reetika
    Dubey, Ashish Mohan
    [J]. JOURNAL OF PUBLIC AFFAIRS, 2019, 19 (04)
  • [3] Examining the Interrelationship among Critical Success Factors of Public Private Partnership Infrastructure Projects
    Shi, Shiying
    Chong, Heap-Yih
    Liu, Lihong
    Ye, Xiaosu
    [J]. SUSTAINABILITY, 2016, 8 (12)
  • [4] Critical success factors for public-private partnership in water supply projects
    Ameyaw, Ernest Effah
    Chan, Albert P. C.
    [J]. FACILITIES, 2016, 34 (3-4) : 124 - 160
  • [5] Identification of Critical Success Factors (CSFs) for Public Private Partnership (PPP) Construction Projects in Syria
    Kahwajian, Alis
    Baba, Shukri
    Amudi, Omar
    Wanos, Mohammed
    [J]. JORDAN JOURNAL OF CIVIL ENGINEERING, 2014, 8 (04) : 393 - 405
  • [6] Stakeholder perceptions on critical success factors for public-private partnership projects in Nigeria
    Babatunde, Solomon Olusola
    Perera, Srinath
    Zhou, Lei
    Udeaja, Chika
    [J]. BUILT ENVIRONMENT PROJECT AND ASSET MANAGEMENT, 2016, 6 (01) : 74 - 91
  • [7] Identification of Critical Success and Risk Factors for Public-Private Partnership Highway Projects
    Fathi, Medya
    Shrestha, Pramen P.
    [J]. JOURNAL OF LEGAL AFFAIRS AND DISPUTE RESOLUTION IN ENGINEERING AND CONSTRUCTION, 2023, 15 (01)
  • [8] Life Cycle Critical Success Factors for Public-Private Partnership Infrastructure Projects
    Liu, Junxiao
    Love, Peter E. D.
    Smith, Jim
    Regan, Michael
    Davis, Peter R.
    [J]. JOURNAL OF MANAGEMENT IN ENGINEERING, 2015, 31 (05)
  • [9] A systematic approach for public-private partnership projects CSFs evaluation
    Wang, Liping
    Zhang, Pu
    Zhang, Pei
    Li, Rongbo
    Zhang, Yanke
    Wu, Yueqiu
    [J]. ENGINEERING CONSTRUCTION AND ARCHITECTURAL MANAGEMENT, 2018, 25 (09) : 1127 - 1145
  • [10] Critical success factors in public-private partnership (PPP) on infrastructure delivery in Nigeria
    Babatunde, Solomon
    Opawole, Akintayo
    Akinsiku, Olusegun
    [J]. JOURNAL OF FACILITIES MANAGEMENT, 2012, 10 (03) : 212 - +