A stakeholder perspective on social stability risk of public–private partnerships project for water environmental governance in China: A social network analysis

The pluralism of stakeholders in PPP project for water environmental governance and the complex interrelationship among stakeholders are the important factors affecting social stability risk. Previous studies have mainly focused on risk identification and assessment. We aim to investigate the key so...

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Main Authors: Wenke Wang, Xinlin Guo, Qilin Cao, Aomei Tang
Format: Article
Language:English
Published: Frontiers Media S.A. 2023-01-01
Series:Frontiers in Ecology and Evolution
Subjects:
Online Access:https://www.frontiersin.org/articles/10.3389/fevo.2022.1022383/full
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author Wenke Wang
Wenke Wang
Xinlin Guo
Qilin Cao
Qilin Cao
Aomei Tang
author_facet Wenke Wang
Wenke Wang
Xinlin Guo
Qilin Cao
Qilin Cao
Aomei Tang
author_sort Wenke Wang
collection DOAJ
description The pluralism of stakeholders in PPP project for water environmental governance and the complex interrelationship among stakeholders are the important factors affecting social stability risk. Previous studies have mainly focused on risk identification and assessment. We aim to investigate the key social risks of PPP project for water environmental governance, to understand which social risks stakeholders are concerned about, and what interactions they follow. First, relevant risks and their interrelationships were investigated through a literature review and interviews. Second, the key social stability risks were identified based on social network analysis. Third, strategies were proposed to mitigate the social stability risks. The results show that government corruption, government intervention risk, approved risk, poor contract design risk price change and policy and regulation risk are the key risks with the highest in/out-degree, centrality and ego network size. Four core stakeholder groups (i.e., government, contractors, project companies, and the public and the media) and four core challenges (i.e., difficulties in financing, lack of mass incidents prevention mechanism, incomplete project schedule control system and improper handling of benefit compensation issues) have intensive relationships. We concluded that controlling the complicated relationships among four core stakeholder groups can reduce the social stability risks. The social network analysis framework combining stakeholder management and risk management provides a reference for the management of PPP projects for water environmental governance.
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spelling doaj.art-bf7e6dafc7b8481d87f4ee7e720592732023-02-02T16:17:39ZengFrontiers Media S.A.Frontiers in Ecology and Evolution2296-701X2023-01-011010.3389/fevo.2022.10223831022383A stakeholder perspective on social stability risk of public–private partnerships project for water environmental governance in China: A social network analysisWenke Wang0Wenke Wang1Xinlin Guo2Qilin Cao3Qilin Cao4Aomei Tang5Business School, Sichuan Normal University, Chengdu, ChinaSichuan Provincial Key Laboratory of Sci-Tech Finance and Mathematical Finance, Sichuan University, Chengdu, ChinaBusiness School, Sichuan Normal University, Chengdu, ChinaBusiness School, Sichuan University, Chengdu, ChinaSichuan Provincial Key Laboratory of Sci-Tech Finance and Mathematical Finance, Sichuan University, Chengdu, ChinaBusiness School, Sichuan Normal University, Chengdu, ChinaThe pluralism of stakeholders in PPP project for water environmental governance and the complex interrelationship among stakeholders are the important factors affecting social stability risk. Previous studies have mainly focused on risk identification and assessment. We aim to investigate the key social risks of PPP project for water environmental governance, to understand which social risks stakeholders are concerned about, and what interactions they follow. First, relevant risks and their interrelationships were investigated through a literature review and interviews. Second, the key social stability risks were identified based on social network analysis. Third, strategies were proposed to mitigate the social stability risks. The results show that government corruption, government intervention risk, approved risk, poor contract design risk price change and policy and regulation risk are the key risks with the highest in/out-degree, centrality and ego network size. Four core stakeholder groups (i.e., government, contractors, project companies, and the public and the media) and four core challenges (i.e., difficulties in financing, lack of mass incidents prevention mechanism, incomplete project schedule control system and improper handling of benefit compensation issues) have intensive relationships. We concluded that controlling the complicated relationships among four core stakeholder groups can reduce the social stability risks. The social network analysis framework combining stakeholder management and risk management provides a reference for the management of PPP projects for water environmental governance.https://www.frontiersin.org/articles/10.3389/fevo.2022.1022383/fullwater environmental governancePPP projectsocial stability risksocial network analysis (SNA)stakeholder analysis
spellingShingle Wenke Wang
Wenke Wang
Xinlin Guo
Qilin Cao
Qilin Cao
Aomei Tang
A stakeholder perspective on social stability risk of public–private partnerships project for water environmental governance in China: A social network analysis
Frontiers in Ecology and Evolution
water environmental governance
PPP project
social stability risk
social network analysis (SNA)
stakeholder analysis
title A stakeholder perspective on social stability risk of public–private partnerships project for water environmental governance in China: A social network analysis
title_full A stakeholder perspective on social stability risk of public–private partnerships project for water environmental governance in China: A social network analysis
title_fullStr A stakeholder perspective on social stability risk of public–private partnerships project for water environmental governance in China: A social network analysis
title_full_unstemmed A stakeholder perspective on social stability risk of public–private partnerships project for water environmental governance in China: A social network analysis
title_short A stakeholder perspective on social stability risk of public–private partnerships project for water environmental governance in China: A social network analysis
title_sort stakeholder perspective on social stability risk of public private partnerships project for water environmental governance in china a social network analysis
topic water environmental governance
PPP project
social stability risk
social network analysis (SNA)
stakeholder analysis
url https://www.frontiersin.org/articles/10.3389/fevo.2022.1022383/full
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