ACCT3206 Study Guide - Final Guide: Urban Renewal, Transaction Cost
Document Summary
The structure of public-private collaborations research paper 2 (cools, slagmuldeer, van den abbeele) They concluded that the ppp projects face two primary risks. It has occurred when a partner in an ior do not want to take his responsibility and default the arrangement. When a partner lack of the ability to successfully achieve the goal in the ior, he would also default it. In order to minimize these two risks, organizations ought to rely on the outcome, behavior and social control. However, this framework is not sufficient because ppp projects also face the socio-political risks. When a public organization needs to respond to other parties, it leads to political obstacles. It can interact with relational risks and performance risks to amplify or minimize the difference between public and private partners, resulting in complex ppp governance. In order to observe how to control this risk, project champions and conveners are introduced in the framework.
