Bin Xue, Jun Cen, Bingsheng Liu, Lei Qian, Jingfeng Yuan
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How Does Policy Implementation Affect the Sustainability of Public–Private Partnership Projects? A Stakeholder-Based Framework
Abstract Sustainability is an imperative goal for developing public–private partnership (PPP) projects, which are largely affected by policies. However, few studies have explored the impact of policy implementation on the sustainable development of PPP projects. This study examines the impacts of PPP policy implementation on PPP sustainability by conducting a comprehensive analysis that is grounded in a proposed stakeholder-based framework of the PPP policy implementation process. Critical factors are identified through exploratory factor analysis (EFA) of 275 survey responses from PPP practitioners in China. Subsequently, ordinary least squares (OLS) regression analysis is used to examine the effects of policy implementation on project sustainability in PPPs. The results reveal five factors that can explain the construct of PPP policy implementation, namely, the implementing organization’s capacity (F1), policy quality and resources (F2), the environment (F3), the involvement of the target group (F4), and the sustainability of the PPP projects (F5). F1, F3, and F4 have significant positive impacts on PPP sustainability, which is measured in terms of its economic, social, and environmental dimensions.
期刊介绍:
Public Performance & Management Review (PPMR) is a leading peer-reviewed academic journal that addresses a broad array of influential factors on the performance of public and nonprofit organizations. Its objectives are to: Advance theories on public governance, public management, and public performance; Facilitate the development of innovative techniques and to encourage a wider application of those already established; Stimulate research and critical thinking about the relationship between public and private management theories; Present integrated analyses of theories, concepts, strategies, and techniques dealing with performance, measurement, and related questions of organizational efficacy; and Provide a forum for practitioner-academic exchange. Continuing themes include, but are not limited to: managing for results, measuring and evaluating performance, designing accountability systems, improving budget strategies, managing human resources, building partnerships, facilitating citizen participation, applying new technologies, and improving public sector services and outcomes. Published since 1975, Public Performance & Management Review is a highly respected journal, receiving international ranking. Scholars and practitioners recognize it as a leading journal in the field of public administration.