Effects of Different Face-Saving Concerns on the Escalation of Commitment between State-Owned and Private Investors in PPP Projects

Liu, Jiaqi; Liu, Jicai; Bu, Zehui

doi:10.1061/(asce)co.1943-7862.0002365

Cited by 1 publication

(1 citation statement)

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“…Moreover, under the collectivist culture, the local government will pay more attention to the partner's face and pay less attention to the self-face. Liu et al (2022) thinks that collectivism culture is the reason for the weak concern for self-face. Therefore, the government's face demand is low.…”

Section: Discussionmentioning

confidence: 99%

The demand hierarchy of the government and investors in PPP projects

Liu

2022

ECAM

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PurposeThis paper aims to determine the demand category and level of government and investors in public–private partnership (PPP) projects. It emphasizes the importance of meeting the demands of stakeholders and controlling the unreasonable demands. This study aims to improve the demand management of stakeholders in the PPP project and lay a foundation for the research on behavior based on the motivation theory.Design/methodology/approachThis paper opted for a questionnaire survey to collect data based on indicators identified through literature. The participants come from the government and private sector (investors, contractors, operators, etc.) in China PPP Lecture Hall. The reliability, validity and variance analyses are used to test the reliability of data. Factor analysis and entropy method are used to determine demand categories and weights.FindingsThe government’s 14 demands are divided into four groups: satisfy public activities, self-interest, responsibility and relief financial pressure; 6 investor's demands are divided into development ability and satisfy social activities. The self-interest of government is higher than that of the publicity in PPP projects; investor's social reputation is most important, it is a foundation for obtaining external resources and achieving enterprise development.Research limitations/implicationsBecause of the chosen research approach, the demand indexes cannot be exhausted. Therefore, researchers are encouraged to enrich relevant contents further.Practical implicationsThis paper includes implications for a targeted demand control mechanism and for managing the unreasonable demand.Originality/valueThis paper comprehensively identifies the demand hierarchy of the government and investors, and provides the theoretical basis for the target management of stakeholders.

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Section: Discussionmentioning

confidence: 99%

The demand hierarchy of the government and investors in PPP projects

Liu

2022

ECAM

View full text Add to dashboard Cite

show abstract

Effects of Different Face-Saving Concerns on the Escalation of Commitment between State-Owned and Private Investors in PPP Projects

Cited by 1 publication

References 59 publications

The demand hierarchy of the government and investors in PPP projects

The demand hierarchy of the government and investors in PPP projects

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