The Risks of Strategic Decisions in the Sphere of Financial and Economic Security of Public-Private Partnership
The article is aimed at studying and substantiating the theoretical and methodological aspects of development, analysis and assessment of strategic decisions in the sphere of financial and economic security of public-private partnership (PPP) in the context of the risks of their implementation. A st...
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| Format: | Article |
| Language: | English |
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Research Centre of Industrial Problems of Development of NAS of Ukraine
2017-06-01
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| Series: | Bìznes Inform |
| Subjects: | |
| Online Access: | http://www.business-inform.net/export_pdf/business-inform-2017-6_0-pages-240_244.pdf |
| _version_ | 1811194265645088768 |
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| author | Solodovnik Olesia O. |
| author_facet | Solodovnik Olesia O. |
| author_sort | Solodovnik Olesia O. |
| collection | DOAJ |
| description | The article is aimed at studying and substantiating the theoretical and methodological aspects of development, analysis and assessment of strategic decisions in the sphere of financial and economic security of public-private partnership (PPP) in the context of the risks of their implementation. A study on the essence and characteristics of strategic decisions in the sphere of financial and economic security of PPP has led to the conclusion that each such decision should be considered and assessed in the context of the risks of its implementation, and the risk theory could be seen as the scientific basis for defining strategic alternatives and developing a criteria base for assessing them. The article proposes a list and systematization of the PPP risks that allow to: itemize the risks to the external and internal environment of PPP and to identify the prerequisites and sources of threats to the financial and economic interests of parties to the partnership; analyze and evaluate the strategic alternatives for risk distribution among partners in the context of implications for financial and economic security of PPP; determine the risks of achieving the objectives of the strategy for financial and economic security of PPP and to evaluate alternative strategies in terms of partners; account the potential occurrence and development of systemic risks and threats to the financial and economic security of PPP, as well as the use of complementary protective mechanisms; evaluate the results of a strategy to protect the financial and economic interests of parties to the PPP. |
| first_indexed | 2024-04-12T00:23:14Z |
| format | Article |
| id | doaj.art-657e67c668394bd7a08e6c3a9a95f5bf |
| institution | Directory Open Access Journal |
| issn | 2222-4459 2311-116X |
| language | English |
| last_indexed | 2024-04-12T00:23:14Z |
| publishDate | 2017-06-01 |
| publisher | Research Centre of Industrial Problems of Development of NAS of Ukraine |
| record_format | Article |
| series | Bìznes Inform |
| spelling | doaj.art-657e67c668394bd7a08e6c3a9a95f5bf2022-12-22T03:55:37ZengResearch Centre of Industrial Problems of Development of NAS of UkraineBìznes Inform2222-44592311-116X2017-06-016473240244The Risks of Strategic Decisions in the Sphere of Financial and Economic Security of Public-Private PartnershipSolodovnik Olesia O.0Kharkiv National University of Construction Engineering and ArchitectureThe article is aimed at studying and substantiating the theoretical and methodological aspects of development, analysis and assessment of strategic decisions in the sphere of financial and economic security of public-private partnership (PPP) in the context of the risks of their implementation. A study on the essence and characteristics of strategic decisions in the sphere of financial and economic security of PPP has led to the conclusion that each such decision should be considered and assessed in the context of the risks of its implementation, and the risk theory could be seen as the scientific basis for defining strategic alternatives and developing a criteria base for assessing them. The article proposes a list and systematization of the PPP risks that allow to: itemize the risks to the external and internal environment of PPP and to identify the prerequisites and sources of threats to the financial and economic interests of parties to the partnership; analyze and evaluate the strategic alternatives for risk distribution among partners in the context of implications for financial and economic security of PPP; determine the risks of achieving the objectives of the strategy for financial and economic security of PPP and to evaluate alternative strategies in terms of partners; account the potential occurrence and development of systemic risks and threats to the financial and economic security of PPP, as well as the use of complementary protective mechanisms; evaluate the results of a strategy to protect the financial and economic interests of parties to the PPP.http://www.business-inform.net/export_pdf/business-inform-2017-6_0-pages-240_244.pdfpublic-private partnershipdecisionriskstrategyfinancial and economic security |
| spellingShingle | Solodovnik Olesia O. The Risks of Strategic Decisions in the Sphere of Financial and Economic Security of Public-Private Partnership Bìznes Inform public-private partnership decision risk strategy financial and economic security |
| title | The Risks of Strategic Decisions in the Sphere of Financial and Economic Security of Public-Private Partnership |
| title_full | The Risks of Strategic Decisions in the Sphere of Financial and Economic Security of Public-Private Partnership |
| title_fullStr | The Risks of Strategic Decisions in the Sphere of Financial and Economic Security of Public-Private Partnership |
| title_full_unstemmed | The Risks of Strategic Decisions in the Sphere of Financial and Economic Security of Public-Private Partnership |
| title_short | The Risks of Strategic Decisions in the Sphere of Financial and Economic Security of Public-Private Partnership |
| title_sort | risks of strategic decisions in the sphere of financial and economic security of public private partnership |
| topic | public-private partnership decision risk strategy financial and economic security |
| url | http://www.business-inform.net/export_pdf/business-inform-2017-6_0-pages-240_244.pdf |
| work_keys_str_mv | AT solodovnikolesiao therisksofstrategicdecisionsinthesphereoffinancialandeconomicsecurityofpublicprivatepartnership AT solodovnikolesiao risksofstrategicdecisionsinthesphereoffinancialandeconomicsecurityofpublicprivatepartnership |