Burke, Richard and Demirag, Istemi (2018) Risk Management by SPV Partners in Toll Road Public Private Partnerships. Public Management Review.

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Abstract

Research on risk management in Public Private Partnerships (PPPs) has largely overlooked that the Special Purpose Vehicle (SPV) is made up of several project partners with different interests and objectives to manage risk. This paper makes an important contribution to this literature as it articulates SPV partners’ perceptions of how they manage risk in toll road PPPs. Our case studies show that the different skillsets of both the international and domestic partners with their sub-contractors provide opportunities for mitigating and managing risk but also pose potential problems in terms of measuring and obtaining value for money for taxpayers.

Item Type: Article
Additional Information: The final published version of this article can be accessed online at https://www.tandfonline.com/doi/full/10.1080/14719037.2018.1523450
Uncontrolled Keywords: Public Private Partnerships; Risk; Toll Roads; International SPV Partners
Subjects: H Social Sciences > H Social Sciences (General)
Divisions: Faculty of Humanities and Social Sciences > Keele Management School
Depositing User: Symplectic
Date Deposited: 18 Sep 2018 15:06
Last Modified: 05 Mar 2019 16:04
URI: http://eprints.keele.ac.uk/id/eprint/4008

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