Interests Of Stakeholders Research Articles

Alternative Legal Bases for Processing Health Data for Scientific Research Purposes

The processing of health data for scientific research purposes requires a legal basisunder Article 6 and a justification under Article 9 (2) GDPR by way of an exceptionto the general prohibition in Art. 9(1) of the processing of special category data.Consent tends to be highly advocated for in this regard, in both literature and practice.However, the GDPR permits an alternative option: processing for scientific researchpurposes based on Union or Member State law which provides for suitable andspecific safeguarding measures. This paper undertakes an in-depth examination ofthe ‘research exception’ in Art. 9 (2) (j) GDPR permitting the processing of healthdata for scientific research purposes, thoroughly considering its elements and itsimplications. It refers to examples of Member State implementing legislation andthe proposed European Health Data Space Regulation for illustration purposes andargues that if implemented faithfully, Art. 9 (2) (j) strikes a better balance betweenthe interests of the various stakeholders than consent, which is overall burdensomeand may hinder research. Finally, in light of the uneven implementation of theGDPR’s research exception by the Member States which creates considerable legaluncertainties and results in barriers to the free flow of research data across the EU,this paper calls for a harmonised implementing Union law in this regard.

Quantitative Approaches for Analyzing the Potential Effectiveness of Vietnam’s Emissions Trading System: A Systematic Review

Carbon pricing initiatives have been developed globally in recent decades. Among carbon pricing initiatives, direct carbon pricing, particularly the emissions trading system (ETS), has attracted the interest of stakeholders and nations. With its ambitious potential for climate change mitigation, Vietnam has considered establishing a domestic ETS. However, studies on the effectiveness and impact of Vietnam’s ETS are scarce. This study reviews the quantitative approaches to assessing Vietnam’s ETS and evaluates the methodologies, limitations, and challenges of current quantitative assessments such as the simple reduced-form emission projection method, computable general equilibrium (CGE), input–output analysis (IOA), and multi-criteria analysis. CGE and IOA are highly recommended to obtain comprehensive results. However, IOA is more capable of avoiding numerous assumptions, complicating the use of CGE. This study recommends directions for possible innovative improvements for utilizing IOA in future research on Vietnam’s ETS; thus, suggesting a competent approach for effectively analyzing ETS.

Resolving conflict and promoting coordination for an integrated old-age healthcare service system in China: GMCR-AHP based decision analysis approach

China faces a healthcare challenge due to its aging population, necessitating an integrated old-age healthcare system considering multiple stakeholders' interests. Conflict and inequality may arise from varying stakeholder interests. This study develops a conflict resolution strategy for the coordination of stakeholders involved in the old-age healthcare service system, promoting harmonization and minimizing conflict to establish an equitable system meeting elderly needs. It contributes to a robust healthcare system for comprehensive, quality care. The focus of the study is to identify relevant stakeholders and decision-makers involved in developing an integrated old-age healthcare service system and explore a feasible solution through stakeholder analysis using the Mitchell score-based technique and stakeholder theory. Decision-makers' preferences are estimated using the Analytic Hierarchy Process (AHP). Solution strategies are developed through multiple stability concepts within the graph model for conflict resolution (GMCR). The conflict resolution analysis based on the integrated AHP-GMCR approach reveals that the development of an integrated old-age healthcare system is feasible by addressing potential conflicts among the stakeholders. Considering the current predicament of comprehensive medical services in China, governments should distribute authority, simplify procedures, and improve the insurance system. Furthermore, medical institutions should explore funding options, expand services, and enhance accessibility. Elderly individuals should prioritize healthy aging and seek suitable healthcare providers. Stakeholder participation is crucial for effective implementation. These recommendations enable China to advance integrated elderly care successfully, addressing challenges posed by the aging population.

Ethical dilemmas in healthcare management: A comprehensive review

This research paper comprehensively examines ethical dilemmas in healthcare management, offering insights into emerging trends, technological impacts, and anticipated guideline changes. The paper explores healthcare managers' multifaceted challenges, including conflicting stakeholder interests, the delicate balance between patient rights and organizational goals, and navigating diverse cultural values. Strategies for mitigating ethical dilemmas, such as education, policy implementation, and collaborative decision-making, are discussed. Additionally, the paper delves into the evolving ethical landscape influenced by genomic medicine, artificial intelligence, and telehealth. The implications for healthcare managers include the need for continuous education, ethical leadership, and technological literacy. As healthcare transforms, embracing ethical practices becomes imperative for fostering patient-centric, equitable, and ethically sound healthcare environments. Keywords: Healthcare Management Ethics, Ethical Dilemmas, Technological Impacts, Ethical Leadership.

The feasibility, appropriateness, and usability of mobile neuro clinics in addressing the neurosurgical and neurological demand in Uganda.

Uganda has a high demand for neurosurgical and neurological care. 78% of the over 50 million population reside in rural and remote communities where access to neurosurgical and neurological services is lacking. This study aimed to determine the feasibility, appropriateness, and usability of mobile neuro clinics (MNCs) in providing neurological care to rural and remote Ugandan populations. Neurosurgery, neurology, and mobile health clinic providers participated in an education and interview session to assess the feasibility, appropriateness, and usability of the MNC intervention. A qualitative analysis of the interview responses using the constructs in the updated Consolidated Framework for Implementation Research was performed. Providers' opinions were weighted using average sentiment scores on a novel sentiment-weighted scale adapted from the CFIR. A stakeholder analysis was also performed to assess the power and interest of the actors described by the participants. Twenty-one healthcare providers completed the study. Participants discussed the potential benefits and concerns of MNCs as well as potential barriers and critical incidents that could jeopardize the intervention. Of the five CFIR domains evaluated, variables in the implementation process domain showed the highest average sentiment scores, followed by the implementation climate constructs, inner setting, innovation, and outer setting domains. Furthermore, many interested stakeholders were identified with diverse roles and responsibilities for implementing MNCs. These findings demonstrate that MNC innovation is feasible, appropriate, and usable. The findings of this study support the feasibility, appropriateness, and usability of MNCs in Uganda. However, integration of this innovation requires careful planning and stakeholder engagement at all levels to ensure the best possible outcomes.

An incentive regulation approach for balancing stakeholder interests in transmission merchant investment

The merchant-regulatory mechanism represents a promising tool that combines the benefits of merchant investment and regulated investment, thereby providing efficient incentives for merchant Transmission Companies (Transcos) subject to regulatory compliance. Taking the H-R-G-V mechanism as a foundational example of this approach, it permits Transcos to receive the total surplus increase from investments, and the profit-maximizing Transco will perform social welfare maximum investment under this mechanism. However, one drawback of this mechanism is that it allows the Transco to receive the whole benefit created by the Transco, while excluding consumers and generators from the resultant economic benefits. To address this issue, we propose an incentive tuning parameter, which is incorporated into the calculation of the incentive fee for the Transco. Accordingly, the regulatory framework can effectively manage the Transco’s profit and allow market participants to access economic benefits, thus ensuring a fair distribution of economic advantages among the stakeholders, while the impact on overall social welfare remains relatively modest. The results on the case study demonstrate that this careful balancing act maintains the essence of the H-R-G-V mechanism while addressing its critical gap—the equitable sharing of economic gains.

Overview of CSR Initiatives: A case study of NHPC

Corporate Social Responsibility (CSR) is a holistic phenomenon. Over the period of time it has became integral part of business strategies of an organization. CSR has transcended the concept of philanthropy and charity now focuses more on the sustainability rather just satisfying immediate needs. CSR not only confine to abiding laws and environment regulations it also involves the organization towards various intiatives undertaken to cater the needs of marginalized and deprived section of the society. With the growing alignment of business operation with social values the interest of various stakeholders is considered while framing company’’s business policies and actions. CSR initiatives adopted by the organization focuses on the social, environmental and economic aspects in order to work towards triple bottom line effect. This paper focuses on fundamentals of CSR and emphasis the CSR initiatives being undertaken by NHPC. Based on the case study of NHPC the major objectives of its CSR and sustainability policy are thoroughly analysed and the impact of CSR on profitability is studied with the help of correlation and regression test. The paper discusses the results obtained from the analysis which were statistically not significant but also did not hold negative implications for the companies

How to overcome rent seeking in Tanzania’s skills sector? Exploring feasible reforms through discrete choice experiments

Skills gaps and mismatches are widely documented as a hindrance to inclusive structural transformation across developing countries, especially in Africa. What is often overlooked, however, is the fact that skills development is a complex political economy process challenged by institutional and financing problems on the supply side, and inadequate demand, that is, a shortage of firms that can organise skilled labour and provide on-the-job training effectively. In such adverse contexts, rent seeking and corruption may arise from conflicting objectives, trade-offs and mis-aligned incentives among stakeholders – public sector skills providers and firms. With a focus on Tanzania, we (i) analyse the incentive structures underlying such rule-breaking behaviours and processes, and (ii) empirically test alternative institutional design strategies that would better align the interests of different stakeholders towards improved skills development outcomes. Building on over 30 in-depth stakeholder interviews in 2018, we conducted three Discrete Choice Experiments with over 200 firms to test the feasibility of different incentive packages in 2019. Our main hypothesis is that the successful re-alignment of stakeholders’ incentives must consider both the different and potentially conflicting objectives of public training institutions and the heterogeneity in skills needs and capabilities of different types of firms. We uncover latent preference structures differentiated by observable firm characteristics, most strongly by differences in technical capabilities, existing training provision and firm size. We conclude advancing an evidence-based tailored skills policy reform.

Can employment salvage payments be entitled to a maritime lien and allowed in the general average? A comparative analysis of the UK, US, and China

The International Convention on Salvage 1989 established the basic framework on the “no cure, no pay” principle and also allowed for freedom of contract. Employment salvage is defined as services performed under a contract to pay a given sum or per diem or horam wages, payable at all events, regardless of the salvage is successful or unsuccessful. This study provides a thorough analysis of the differences between employment salvage payments and “no cure, no pay” salvage rewards, identifying key distinctions in their legal natures, principles for calculating remuneration, and conditions of payment. By comparing the legal frameworks in the United Kingdom, the United States, and China, it is determined that claims for employment salvage payments should not be entitled to maritime liens. Moreover, if such claims satisfy the criteria of general average, they should be allowed in general average and contributed to by the relevant beneficiaries. To prevent the dilution of the "no cure, no pay" principle in maritime salvage due to the increased freedom of contract, this study advocates for a stricter scrutiny of contractual freedom in employed salvage to avoid potential abuses by salvors. It is crucial to balance the interests of salvors and other maritime stakeholders, ensuring that while salvors are incentivized for their risky work, other parties are also safeguarded against excessive or unwarranted financial burdens. Additionally, to reduce legal conflicts among nations, it is advisable for countries to coordinate their legislation and establish appropriate international guidelines to promote a greater harmonization of international maritime law.

CEO Power and Firm Value: Affirmative Action Implications

Objective: This research aims to reveal the critical role of CEO leadership and affirmative action policies, particularly those related to gender equality, in enhancing firm value. Research Design: This study employs a quantitative design by analyzing secondary data from the ESG Intelligence Dataset and publications of the Indonesia Stock Exchange from 2017 to 2021. Population and Sample: The population of this research comprises non-financial companies listed in the Kompas 100 Index in Indonesia. The sample was selected using a purposive sampling method, yielding 42 companies per year, resulting in a total of 210 observations. Methodology: The data were analyzed using multiple regression analysis to examine the influence of CEO power and affirmative action on firm value. Findings: The research findings indicate that CEO leadership has a positive and significant impact on firm value. Affirmative action policies related to gender equality also play a positive role in strengthening the effect of CEO leadership on firm value. Conclusion: This research provides in-depth understanding and offers an innovative perspective for companies to optimize the role of CEOs and affirmative action policies to enhance long-term firm value. The primary recommendation is that companies should consider implementing affirmative action policies, especially those related to gender equality, to help align the interests of stakeholders and improve corporate governance.

Health care prioritization process for the elderly in rural Tanzania under decentralized system: Prospects and challenges.

Beginning the early 1990s, many countries globally adopted the third-generation health sector reforms with a focus of strengthening the primary health care system through community participation. On the contrary, three decades later, primary health care systems in many Low- and Middle-Income countries (LMICs) including Tanzania have remained weak. Specifically, priority setting for the vulnerable groups including the elderly have been weak. We aimed to analyse the prospects and challenges of the priority setting process for the elderly health care services following the 1990s health sector reforms in Tanzania. We conducted an exploratory case study on priority setting process for the elderly healthcare services in Igunga and Nzega Tanzania. We carried out 24 Key Informant Interviews (KIIs) with the positions of District medical officers, social welfare, Medical Officers in-charge (MOI), planning officers and health system information focal person. Additionally, we carried out two focus group discussions (FGDs), one from each district with six participants from each group. Participants for the FGDs were MOI, health secretary, representative members of Health Facility Governing Committee (HFGC) and Council Health Management Team (CHMT). Data were analyzed using the qualitative content analysis. Two categories emerged from the analysis of the transcripts. These were the prospects and challenges in priority setting for the elderly population under the decentralized health sector in rural Tanzania. The prospects included; the capacity of the LGAs on priority setting; existence of strategies used by LGAs; availability of teamwork spirit and the existence of guidelines for priority setting at LGAs. The challenges included difficulties of elderly identification, insufficient resources to implement the planned activities at the LGAs, unintegrated digitalized government health information tools or programs at the LGAs, interference of LGAs by the Central Government and low interest of stakeholders on elderly health care. This study highlights the prospects and challenges facing priority setting for elderly care at the centralized health system in rural Tanzania. From the results the process is well organized but faces some challenges which if not addressed jeopardized and has potential to continue affecting the priority setting. Addressing the challenges highlighted requires joint efforts from both the elderly population in the community, healthcare providers and decision makers across all levels of the health system. This study serves as an eye-opener and calls for a bigger study to get a comprehensive picture of priority setting of the elderly health care in Tanzania.

Identifying and managing defence and security stakeholders: a systematic literature review, bibliometric analysis and maturity assessment

ABSTRACT This paper’s purpose is to systematically analyse and understand the complexity of strategic-level stakeholder management within defence. Empirical data was collected via a rigorous systematic literature review of 10,369 manuscripts contained within the Web of Science, with 206 A1 studies constituting the final paper set. This was followed by bibliometric and maturity analysis leading to extraction, synthesis and integration of insights. In doing so, knowledge on defence stakeholders is consolidated beyond the traditional field of political science. The results illuminate aspects of stakeholder network complexity, including stakeholders that need to be better understood and holistic frameworks important for contextualising initiatives. Further, the need to move beyond bilaterally-focussed relationships towards the consideration of the larger ecosystem is emphasized. Finally, managers are encouraged to internalise engagement capabilities, able to continuously balance diverse stakeholder cultures and interests. Thereby, contributions are made towards the development of descriptive, instrumental and normative stakeholder theory within defence.

Strategi Corporate Social Responsibility untuk Transformasi Bisnis dalam Membangun Masa Depan yang Berkelanjutan

In the era of globalization, companies not only focus on financial resources but also social and environmental aspects of their activities. Corporate Social Responsibility (CSR) is essential for companies to adapt and grow, foster relationships with stakeholders, mitigate risks, and create value for society. Interdisciplinary research is essential to understand the importance of CSR in business transformation. This research utilizes a qualitative descriptive research methodology. In CSR implementation, the presence of sustainable leaders is the presence of leaders who have a vision and mission can help companies in developing effective and sustainable CSR strategies. They can help companies in improving reputation and public trust, strengthening relationships with stakeholders, and opening new market opportunities. Stakeholder interest in CSR is an influence in improving CSR effectiveness and business transformation. They can increase community awareness and participation in development and empowerment efforts, and assist companies in improving effective and sustainable CSR strategies.

Factors Affecting the Farmer’s Use of Modern Irrigation Systems in Northern Aleppo

This study investigates the adoption of modern irrigation methods, specifically sprinkler and drip irrigation, among farmers in northern Aleppo, Syria. Through a sample of 210 farmers selected via random sampling, we analyze how socio-demographic, geographic, and socio-economic factors impacting the adoption of modern irrigation methods. Using the chi-square test of independence, we compared users and non-users of modern irrigation systems to discern significant disparities across various characteristics. Our findings indicate the use of modern irrigation methods is influenced by various factors in northern Aleppo. These include the educational level of the farmers, the number of years of experience in agriculture, the size of the family, the slope of the land, the distance of the land from surface water sources, the size of the farm, the source of labor, ownership of an agricultural tractor, and the prices of agricultural inputs. In light of these insights, we propose targeted interventions by local authorities and agricultural extension organizations to promote modern irrigation methods in collaboration with educated and experienced farmers. Additionally, raising awareness among farmers about the water crisis and the importance of modern irrigation for enhancing production should be prioritized. Moreover, ensuring the accessibility of quality irrigation supplies at affordable prices, potentially through the facilitation of soft loans, stands imperative to incentivize adoption among interested stakeholders.

A Critical Review of the Underlying Dynamics Between Stakeholder Value Addition and Organisational Strategies

This paper critically examines how stakeholder value addition influences organisational strategies, highlighting key strategic outcomes affected by various stakeholder engagements. Utilizing a theoretical framework that integrates the Stakeholder Theory with the Strategic Management Model, the study systematically explores the reciprocity between stakeholders' expectations and organisational policy-making. Through a qualitative analysis of case studies across diverse sectors, the research illuminates the processes through which stakeholder interests are prioritized and integrated into the strategic objectives of organizations. The findings underscore the importance of aligning stakeholder management with core business strategies to foster sustainable growth and competitive advantage. Additionally, this review identifies potential pitfalls and best practices in stakeholder engagement, providing insights into how effective stakeholder integration can drive strategic innovation and enhance organisational resilience. This synthesis of stakeholder-related strategic dynamics offers significant contributions to both academic literature and practical management approaches, advocating for a more inclusive understanding of stakeholder impacts on organizational success.

The state of SDGs and sustainability practices of public sector entities: Evidence from under-investigated context

The role of public sector entities is considered significant to achieving the global agenda of SDGs by 2030. Therefore, the purpose of this study to evaluate the state of SDGs and sustainability practices of public sector entities in Nigeria. To achieve the study's objective, we use survey method to get first-hand information from relevant practitioners in the field of sustainability in the public sector entities in Nigeria. The study obtained information from 251 respondents from 20 public sector entities from 10 different sectors. Also, to further extract information on the state of SDGs and sustainability practices of public sector entities in Nigeria, we desk examine the Voluntary National Review (VNR) reports on SDGs and sustainability issues for years 2017 and 2020 respectively. The findings show there is a growing interest in the public sector organizations towards SDGs and sustainability among practitioners and policy makers. Also, the findings reveal that lack of tools and standardizing procedure is the biggest challenge encountered in tracking and measuring sustainability and SDGs issues. There are three major implications observed from the findings. First, there is need for public-private partnership in advancing sustainability agenda especially in developing economics. Second, international standard-setters should endeavor to issue a global framework to standardize SDGs and sustainability reporting process. Third, the theoretical validation of stakeholder theory perfectly fits in with SDGs and sustainability practices which represents the interest of stakeholders.

Water and Sanitation Practices and performance of Bomet Water and Sanitation Company in Bomet County, Kenya

Water and sanitation provision practices are established with the intention to enhance performance, provision on clean water and enhanced sanitation services. However, globally, not all Water & Sanitation Companies are able to achieve their core mandate of provision of adequate clean water and sanitation services. All Water and Sanitation Companies adopt water and sanitation practices however the extent to which they affect performance of water and sanitation companies is has attracted divergent views while other scholar found a negative affect others found a positive effect and hence a dilemma exist as to what is the exact effect of water and sanitation practices on the performance of water and sanitation companies. At Bomet Water and Sanitation Company in Bomet County, very few studies exist that have been conducted on the subject matter and yet its performance is not optimal and the hence the reason as to why this study was conducted at the Water and Sanitation Company. The purpose of this study was to determine the effect of water and sanitation practices on performance of Bomet Water and Sanitation Company in Bomet County, Kenya. Specific objectives of the study were to establish how resources influences performance of Bomet Water and Sanitation Company, to find out the extent to which stakeholder engagement effects performance of Bomet Water and Sanitation Company, to determine the effects of governance on the performance of Bomet Water and Sanitation Company and to examine the influence of information communication technology on the performance of Bomet Water and Sanitation Company. Theories adopted were; Resource Based View Theory, Stakeholder Theory, Stewardship Theory, Systems Theory and Balance scorecard Theory. The study adopted a descriptive research design and targeted 170 respondents drawn from commercial, technical and administration department. The sample size was 34 staffs selected using stratified random sampling technique. A pilot study was conducted to test the effectiveness and reliability of the research tool. The study used both primary and secondary data sources. Data was analyzed using quantitative approach which involved the use of descriptive statistics that entailed percentages, frequency, mean and standard deviation. Inferential statistic adopted was regression analysis was used to establish existing relationships between water and sanitation provision practices and performance of Bomet Water and Sanitation Company. Results were as follows; resources had a positive and significant effect on performance of BOMWASCO of (β=-0.229, p < 0.05). Stakeholder engagement had a positive and significant effect on performance of BOMWASCO (β=0.231, p < 0.05). Governance had a positive and significant effect on performance of BOMWASCO (β=0.451, p < 0.05). ICT had a positive and significant effect on performance of BOMWASCO (β=0.343, p < 0.05). The study concluded that resources, stakeholder engagement, governance and ICT have a positive and significant effect on performance of BOMWASCO. The study recommended that physical resources should used sufficiently and correctly to enhance equitable water supply all residents. The community should continue to be engaged in all water supply and solid waste collection practices in the County. BOMWASCO board structure should effectively represent diverse stakeholder interests. Current software solutions should continue being used in a manner that effectively meets organizational needs and requirements. The study recommends further studies should be conducted on Water and sanitation practices and performance of other water and sanitation companies in Kenya.

The Impact of Sustainability Performance on Company Profitability in the COVID-19 Pandemic and Post-Pandemic Context

Abstract The current context, dominated by climate change, resource constraints, health and financial crises, the need for continuity and increased profitability of companies, increasing stakeholder interest in environmental risks and non-financial information, requires addressing business from the perspective of environmental, social and governance standards. Companies will therefore integrate their sustainability performance objectives, complementary to their profitability objectives. Thus, the objective of this research is to measure the impact that sustainability performance has on company profitability. The research approach is two-dimensional. The first dimension considers the literature review on conceptual approaches specific to environmental, social, governance standards. The results highlighted the upward trend and the diversity of facets related to environmental, social, governance standards. The second dimension is a quantitative research that aims to measure the impact that sustainability performance (ESG score) has on the profitability of listed companies in Europe. The research data was collected for the period 2020-2022 from the Refinitiv database (LSEG Data & Analytics). The results revealed an increase in interest in sustainability performance of listed companies in Europe, both from the perspective of the reporting companies and in terms of the global average ESG score, during the COVID-19 pandemic and post-pandemic. From the perspective of the regional affiliation of the reporting companies, Southern Europe is the best performing pole in terms of average ESG score, followed by Western Europe, Eastern Europe, Central Europe and the last position is occupied by Northern Europe. The results also showed that the ESG score has a positive but insignificant influence on the profitability of the sampled companies. This research complements the literature, given the topicality and importance of ESG issues, but is also relevant for stakeholders interested in the sustainability of companies' business.

“Creating shared value”: Time for a normative extension?

AbstractPorter and Kramer's “creating shared value” (CSV) proposal has achieved significant penetration into both the academic and corporate communities. Building on other critiques of CSV, this paper assesses whether the CSV framework, notwithstanding its popularity, currently possesses an appropriate and adequate theoretical foundation to represent an overarching normative framework for the entire business and society field. The analysis does so by comparing CSV with a series of other dominant business and society approaches including corporate social responsibility, business ethics, stakeholder management, sustainability, and corporate citizenship. The analysis finds that while CSV does address the fundamental business and society normative requirement that business activities should contribute to sustainable net societal value, it currently fails to adequately incorporate the equally important notions of (i) appropriately balancing stakeholder interests with those of the corporation's shareholders, as well as (ii) demonstrating sufficient accountability (i.e., taking responsibility) by properly reporting on and addressing any negative impacts resulting from the firm's activities. The paper concludes with a revised and expanded restatement of the CSV concept, which attempts to take into account and address its current theoretical limitations in order to enhance its appeal as an overarching business and society normative paradigm.

Optimizing Concession Agreement Terms and Conditions: Stakeholder Interest Alignment in the Petrochemical Sector

This article is devoted to the examination of models and the selection of optimal parameters for concession agreements pertaining to construction and operation projects within the pipeline infrastructure of the petrochemical sector. Pipelines are underscored as capital-intensive assets crucial for the organization of complex petrochemical production processes. These processes play a vital role in generating added value, tax revenue, employment opportunities, and fostering territorial development while upholding environmental quality standards. This study aims to ascertain the economic parameters of concession agreements, with a focus on achieving a balance of economic interests between the government and businesses. Through a comparative analysis of fundamental economic and mathematical models of concession agreements, the authors model economic parameters to determine the government’s share in investments and concession fees concerning pipeline projects. Subsequently, an oil product pipeline project is discussed as a case study. The results gleaned from this analysis can be harnessed to optimize the parameters of concession agreements and enhance the economic efficiency of project implementation. Economically viable parameters not only facilitate the execution of concession agreements but also foster the generation of added value, social benefits, and environmental oversight, thus aligning with the principles of sustainable development.