Context Of Public-private Partnership Research Articles

Stakeholders of public-private partnerships in Poland: an analysis of an evolving phenomenon

Purpose According to the growing role of stakeholders in the implementation of public-private partnership (PPP) initiatives, the purpose of this study is to diagnose the maturity of PPPs in Poland, taking into account the range of stakeholders’ participation in public-private initiatives. Design/methodology/approach The introductory study on the stakeholders of PPPs has been based on the report analysis of Polish initiatives and the case studies’ comparative analysis. The cases represent touristic projects realized within PPPs. Findings The results of the study indicate that the PPPs’ personal context, though recognized internationally, is to a very low extent present in the Polish case. As the PPP market is still in the process of development, the stakeholders’ issue should be taken into consideration in the processes of the PPP development in Poland. Practical implications As regional development is continuously a key issue, especially in rural areas context, the PPP initiatives are of great importance, and therefore the discussion of pros and cons in this context may contribute to the legislation at the regional level. Originality/value The study sheds some light and gives some interesting perspectives on the issue of the personal context of PPPs and social capital. Also, the text describes the path of developing PPPs in Poland and especially the touristic projects. The research part presents the original case study comparative analysis based on table-oriented form and as such enables the new way of contextual analysis.

Achieving Urban Regeneration Through Sukuk: A Case of Lagos Island, Nigeria

Sub-Saharan African states have developed rather slowly due to unstructured urban development and lack of adequate long-term funds to achieve such development. History and market failures have certainly affected urbanization patterns. Overall predatory governance and conventional financial models have not helped achieve urban regeneration either which has negatively obstructed socio-economic development. Financing such urban renewal then requires a more dynamic approach. It is in this vein that a unique capital market instrument is analyzed using Lagos Island as a typical case. Sukuk or Islamic certificates within the overall context of public-private partnership (PPP) securitization and learnings from state-led development embedded autonomy through a pilot agency is then being considerered.

Antecedents of Employees’ Affective Commitment in the Context of Public-Private Partnership

A committed and competent workforce is considered a source of competitive advantage for all organizations. Organizations emphasize on improvement in Human Resource (HR) based activities to promote employees’ affective commitment. Therefore, the current study endeavors to investigate the impact of job insecurity, pay satisfaction and participation in decision making on affective commitment of the employees of banks providing services in District Rahim Yar Khan, within the context of Public-Private Partnership (PPP). The sampled population for the study comprised the managerial employees of banking sector. The study utilized the quantitative method and structured questionnaires based on 5 point Likert scale were used for data analysis. The population of the study comprised 234 managerial level employees. The current study employed Smart PLS software for the analysis of data. The findings indicate that pay satisfaction and participation in decision making have a significant relationship with affective commitment. However, job insecurity negatively influences affective commitment of employees.