Risk transfer and stakeholder relationships in Public Private Partnerships

Richard Burke, Istemi Demirag

Research output: Contribution to journalArticlepeer-review

34 Citations (Scopus)

Abstract

Drawing on stakeholder theory, this study seeks to gain an insight into the stakeholder management strategies used by the Procuring Authority in Irish road Public Private Partnerships to manage its complex stakeholder relationships. Based on interviews with 38 key stakeholders the findings of this study indicate that the allocation, transfer and management of risk impact on the quality of stakeholder relationships. A proactive and somewhat accommodating approach is used by the Procuring Authority in its relationship with the Special Purpose Vehicle, while there is some evidence that collaborative relationships exist between the public sector bodies responsible for allocating risk.

Original languageEnglish
Pages (from-to)28-43
Number of pages16
JournalAccounting Forum
Volume41
Issue number1
DOIs
Publication statusPublished - Apr 2017

Keywords

  • Collaboration
  • Public private partnership
  • Relationships
  • Risk allocation
  • Stakeholders

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