Public private partnerships: building relationships between their governance and transaction costs
Public-Private Partnerships (PPPs) are collaborative arrangements between governments and private entities that aim at greater efficiency in the delivery of public services. With their use increasing, PPPs can face transaction costs that harm their social and financial results. The objective of this...
Main Authors: | , |
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Format: | Article |
Language: | English |
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Instituto Brasileiro de Estudos e Pesquisas Sociais
2023-01-01
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Series: | Revista Eletrônica de Ciência Administrativa |
Subjects: | |
Online Access: | http://www.periodicosibepes.org.br/index.php/recadm/article/view/3638 |
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author | Rogerio Thamer Mario Henrique Ogasavara |
author_facet | Rogerio Thamer Mario Henrique Ogasavara |
author_sort | Rogerio Thamer |
collection | DOAJ |
description | Public-Private Partnerships (PPPs) are collaborative arrangements between governments and private entities that aim at greater efficiency in the delivery of public services. With their use increasing, PPPs can face transaction costs that harm their social and financial results. The objective of this work is to evaluate the adoption of specific governance elements in Public-Private Partnership contracts (ex-ante) and their impact on the reduction of transaction costs during these contracts (ex-post). Based on a literature review, this research presents propositions that relate governance mechanisms defined in the contract with the transaction costs that negatively affect these partnerships. As a contribution, a framework is proposed that takes into account the main stakeholders involved and emphasizes the importance of standardizing certain elements in partnership contracts, seeking an alignment between governance structures and the different characteristics of transactions during PPPs, helping public managers and private entities responsible for defining these contracts. |
first_indexed | 2024-04-10T04:23:31Z |
format | Article |
id | doaj.art-0b64295d6a024fc88b178679390cbb1f |
institution | Directory Open Access Journal |
issn | 1677-7387 |
language | English |
last_indexed | 2024-04-10T04:23:31Z |
publishDate | 2023-01-01 |
publisher | Instituto Brasileiro de Estudos e Pesquisas Sociais |
record_format | Article |
series | Revista Eletrônica de Ciência Administrativa |
spelling | doaj.art-0b64295d6a024fc88b178679390cbb1f2023-03-10T19:12:15ZengInstituto Brasileiro de Estudos e Pesquisas SociaisRevista Eletrônica de Ciência Administrativa1677-73872023-01-01221406510.21529/RECADM.20230021063Public private partnerships: building relationships between their governance and transaction costsRogerio Thamer0Mario Henrique Ogasavara1Escola Superior de Propaganda e Marketing (ESPM)Escola Superior de Propaganda e Marketing (ESPM)Public-Private Partnerships (PPPs) are collaborative arrangements between governments and private entities that aim at greater efficiency in the delivery of public services. With their use increasing, PPPs can face transaction costs that harm their social and financial results. The objective of this work is to evaluate the adoption of specific governance elements in Public-Private Partnership contracts (ex-ante) and their impact on the reduction of transaction costs during these contracts (ex-post). Based on a literature review, this research presents propositions that relate governance mechanisms defined in the contract with the transaction costs that negatively affect these partnerships. As a contribution, a framework is proposed that takes into account the main stakeholders involved and emphasizes the importance of standardizing certain elements in partnership contracts, seeking an alignment between governance structures and the different characteristics of transactions during PPPs, helping public managers and private entities responsible for defining these contracts.http://www.periodicosibepes.org.br/index.php/recadm/article/view/3638parceria público-privadacustos de transaçãocontratos incompletoselementos de governançaframework teórico |
spellingShingle | Rogerio Thamer Mario Henrique Ogasavara Public private partnerships: building relationships between their governance and transaction costs Revista Eletrônica de Ciência Administrativa parceria público-privada custos de transação contratos incompletos elementos de governança framework teórico |
title | Public private partnerships: building relationships between their governance and transaction costs |
title_full | Public private partnerships: building relationships between their governance and transaction costs |
title_fullStr | Public private partnerships: building relationships between their governance and transaction costs |
title_full_unstemmed | Public private partnerships: building relationships between their governance and transaction costs |
title_short | Public private partnerships: building relationships between their governance and transaction costs |
title_sort | public private partnerships building relationships between their governance and transaction costs |
topic | parceria público-privada custos de transação contratos incompletos elementos de governança framework teórico |
url | http://www.periodicosibepes.org.br/index.php/recadm/article/view/3638 |
work_keys_str_mv | AT rogeriothamer publicprivatepartnershipsbuildingrelationshipsbetweentheirgovernanceandtransactioncosts AT mariohenriqueogasavara publicprivatepartnershipsbuildingrelationshipsbetweentheirgovernanceandtransactioncosts |