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Effects of the institutional environment on public-private partnership (P3) projects: Evidence from Canada

Author

Listed:
  • Michael Opara
  • Fathi Elloumi
  • Oliver Okafor
  • Hussein Warsame

Abstract

The purpose of this paper is to understand the effects of the institutional environment on project outcomes in order to contribute to the accumulating accounting literature on P3s. Based on an empirical study of Alberta’s institutional environment, using Edmonton’s Anthony Henday Highway P3 projects, we analyze how the: a) political environment enables or disenables P3 outcomes; b) policy/business environment impacts project development and implementation; and c) organizational capacity affects P3 outcomes and vice versa.

Suggested Citation

  • Michael Opara & Fathi Elloumi & Oliver Okafor & Hussein Warsame, 2017. "Effects of the institutional environment on public-private partnership (P3) projects: Evidence from Canada," Accounting Forum, Taylor & Francis Journals, vol. 41(2), pages 77-95, June.
    • Handle: RePEc:taf:accfor:v:41:y:2017:i:2:p:77-95
    DOI: 10.1016/j.accfor.2017.01.002
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    Cited by:

    1. David Baxter & Carter B. Casady, 2020. "Proactive and Strategic Healthcare Public-Private Partnerships (PPPs) in the Coronavirus (Covid-19) Epoch," Sustainability, MDPI, vol. 12(12), pages 1-8, June.
    2. Michael Opara & Colman K. Ozor & Elvis Agbadoku & Gilbert Danso & Kennedy Kesse, 2024. "Ghana's Public-Private Partnership (P3) Projects: A Field-Level Investigation," International Journal of Business and Management, Canadian Center of Science and Education, vol. 19(5), pages 1-70, September.
    3. Mai, The Vinh & Casady, Carter B., 2023. "Delivering transport infrastructure using state-owned enterprises (SOEs): A business history of Vietnam Expressway Corporation between 2004 and 2016," Structural Change and Economic Dynamics, Elsevier, vol. 65(C), pages 339-350.
    4. Joshua Steinfeld & Ron Carlee & Kouliga Koala, 2020. "DBFOM Contracting and Public Stewardship in the Norfolk-Portsmouth Elizabeth River Tunnels Public-Private Partnership," Public Organization Review, Springer, vol. 20(1), pages 37-62, March.
    5. Jolanta Tamošaitienė & Hadi Sarvari & Daniel W. M. Chan & Matteo Cristofaro, 2020. "Assessing the Barriers and Risks to Private Sector Participation in Infrastructure Construction Projects in Developing Countries of Middle East," Sustainability, MDPI, vol. 13(1), pages 1-20, December.
    6. Surachman, Eko Nur & Perwitasari, Sevi Wening & Suhendra, Maman, 2022. "Stakeholder management mapping to improve public-private partnership success in emerging country water projects: Indonesia’s experience," Utilities Policy, Elsevier, vol. 78(C).
    7. Joshua Steinfeld & Kouliga Koala & Ron Carlee, 2019. "Contracting for public stewardship in public-private partnerships," International Journal of Procurement Management, Inderscience Enterprises Ltd, vol. 12(2), pages 135-155.
    8. Jie Yang & Wuqing Wu & Xiao Mao & Zongwu Cai, 2019. "Quantile Analysis Of Investment In Private Participation In Infrastructure Projects," Annals of Financial Economics (AFE), World Scientific Publishing Co. Pte. Ltd., vol. 14(01), pages 1-26, March.
    9. Junjiao Gong & Yingyu Lu & Yang Xu & Jincun Fu, 2022. "Fiscal Pressure and Public–Private Partnership Investment: Based on Evidence from Prefecture-Level Cities in China," Sustainability, MDPI, vol. 14(22), pages 1-15, November.
    10. Opara, Michael & Rouse, Paul, 2019. "The perceived efficacy of public-private partnerships: A study from Canada," CRITICAL PERSPECTIVES ON ACCOUNTING, Elsevier, vol. 58(C), pages 77-99.
    11. Michael Opara & Colman Kelechukwu Ozor, 2023. "Public-Private Partnerships in West Africa: A Policy Comparison of Nigeria and Ghana," International Journal of Business and Management, Canadian Center of Science and Education, vol. 18(2), pages 158-158, June.

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