Abstract

This study aimed to measure the potential sponsors' perceived value on Trust School Program in Malaysia. The program utilized a private-public partnership concept. In getting more companies to sponsor the program, exploring their views on the benefits and costs of the sponsorship are vital. Following the established literature, the perceived value was operationalized as a multi-dimensional construct that comprised perceived quality, perceived price, perceived emotional, and perceived social value. A survey was carried out involving selected companies in Malaysia, and the PERVAL scale items were adapted to measure the four dimensions of perceived value. The findings of the descriptive analysis showed that perceived social value recorded the highest mean score and, this was followed by perceived quality. Nonetheless, overall, the average score of perceived value construct and its dimensions are considered at a moderate level. The managerial implications of the findings are highlighted.

Highlights

  • Public-Private Partnership (PPP) plays a significant role in the economic and social development of a nation (Ram & Irfan, 2019), and there is an increasing number of nations that embraced PPP in education (Hamilton, 2014)

  • The Trust Schools Program is featured in the Malaysia Education Blueprint 2013-2025 as instrumental catalytic support in operationalizing the transformation agenda (Yayasan Amir, 2018)

  • The result of the present study indicated that the potential sponsors' perceived value on the Trust School Program is positive

Read more

Summary

Introduction

Public-Private Partnership (PPP) plays a significant role in the economic and social development of a nation (Ram & Irfan, 2019), and there is an increasing number of nations that embraced PPP in education (Hamilton, 2014). PPP contracts are regarded as an innovative idea to attract private resources for improving education quality (Kumari, 2016) and social and public infrastructure (Ram & Irfan, 2019; Hodge & Greve, 2017). A study carried out in South Korea, examined a new form of PPP which involve a partnership between the government, business, and non-profit sectors. It is known as tripartite PPP (Hong & Kim, 2018)

Objectives
Methods
Results
Discussion
Conclusion
Full Text
Published version (Free)

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call