Influence of trust networks on the cooperation efficiency of PPP projects: moderating effect of opportunistic behavior

Wang, Xiang; Yin, Yan; Deng, Jiaojiao; Xu, Zhichao

doi:10.1080/13467581.2021.1972002

Cited by 9 publications

(4 citation statements)

References 96 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Cooperation efficiency was measured using the four items provided by Wang et al. (2021a, b). PPP project sustainability performance was evaluated using a six-item scale adapted from Villalba-Romero et al.…”

Section: Methodsmentioning

confidence: 99%

“…Similarly, Wang et al. (2021a, b) focused on contract flexibility using contracts as a reference point. According to them, contract flexibility facilitates the management of uncertainties and is vital to the success of contracts.…”

Section: Literature Reviewmentioning

confidence: 99%

“…In PPP projects, cooperation efficiency mainly includes maximizing the efficiency of resource use and minimizing the total costs (Wang et al. , 2021a, b). According to the transaction cost theory, the efficiency of cooperation in PPP projects can be measured by increasing the benefits of cooperation and reducing the transaction costs (Minogue, 2001).…”

Section: Literature Reviewmentioning

confidence: 99%

“…Consequently, the efficiency of PPP project collaboration has been widely investigated (Wang et al. , 2021a, b). Nonetheless, the effect of cooperation efficiency on the sustainability performance of PPP projects should be investigated to obtain a deeper understanding of the importance of cooperation efficiency to the success of PPP projects.…”

Section: Literature Reviewmentioning

confidence: 99%

See 3 more Smart Citations

How does contract flexibility affect the sustainability performance of public–private partnership projects? A serial multiple mediator model

Tian

et al. 2022

ECAM

View full text Add to dashboard Cite

PurposeThe risks and uncertainties of public–private partnership (PPP) projects threaten their sustainability. Contract flexibility, which is based on the theory of incomplete contract and transaction cost, may be a viable solution to this issue. The purpose of this study is to investigate the relationship between contract flexibility and the sustainability performance of PPP projects. The multiple mediating roles of justice perception and cooperation efficiency are assessed, thereby allowing the pathways and conditions to be understood more comprehensively for improving the sustainability performance of PPP projects.Design/methodology/approachNine hypotheses in the proposed research model are tested via structural equation modeling using data acquired from 218 Chinese PPP professionals.FindingsResults show that contract flexibility positively affects PPP project sustainability performance. Justice perception and cooperation efficiency play direct and sequential mediating roles in this effect.Originality/valueThis study validates that contract flexibility positively impacts the sustainability performance of PPP projects, where justice perception and cooperation efficiency serve direct and sequential mediating roles. The findings of this study contribute to an improved understanding of the effect of contract flexibility on the sustainability performance of PPP projects. Furthermore, they provide important theoretical and practical insights into contract management as well as beneficial information and valuable initiatives for improving the sustainability of PPP projects.

show abstract

Section: Methodsmentioning

confidence: 99%

Section: Literature Reviewmentioning

confidence: 99%