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Information, Trust and the Private Finance Initiative in Social Housing

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  • Suzana Grubnic
  • Ron Hodges

Abstract

This article considers the role of information and trust in Private Finance Initiative (PFI) ‘Pathfinder’ schemes in the social housing sector in England. It uses the work of Tomkins (2001) and a series of interviews with local authority PFI project managers to provide a critique of the structure of the pathfinder process. The authors conclude that the pathfinder process cannot provide information about willingness to trust and they suggest that this may be one of the reasons for the delay in the contractual signing of the first wave of these schemes.

Suggested Citation

  • Suzana Grubnic & Ron Hodges, 2003. "Information, Trust and the Private Finance Initiative in Social Housing," Public Money & Management, Taylor & Francis Journals, vol. 23(3), pages 177-184, July.
    • Handle: RePEc:taf:pubmmg:v:23:y:2003:i:3:p:177-184
    DOI: 10.1111/1467-9302.00366
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    References listed on IDEAS

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    1. Michael Oxley, 1999. "Institutional Structure of Social Housing Finance in the UK: Recent Developments," Urban Studies, Urban Studies Journal Limited, vol. 36(4), pages 673-682, April.
    2. Tomkins, Cyril, 2001. "Interdependencies, trust and information in relationships, alliances and networks," Accounting, Organizations and Society, Elsevier, vol. 26(2), pages 161-191, March.
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    Cited by:

    1. Roehrich, Jens K. & Lewis, Michael A. & George, Gerard, 2014. "Are public–private partnerships a healthy option? A systematic literature review," Social Science & Medicine, Elsevier, vol. 113(C), pages 110-119.
    2. Antonio Barretta & Cristiano Busco & Pasquale Ruggiero, 2008. "Trust in Project Financing: An Italian Health Care Example," Public Money & Management, Taylor & Francis Journals, vol. 28(3), pages 179-184, June.
    3. Harvie, David & Lightfoot, Geoff & Lilley, Simon & Weir, Kenneth, 2021. "Social investment innovation and the ‘social turn’ of neoliberal finance," CRITICAL PERSPECTIVES ON ACCOUNTING, Elsevier, vol. 79(C).

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