Commenced in January 2007
Paper Count: 31113
Analysis on the Decision-Making Model of Private Sector Companies in PPP Projects
Abstract:Successful public-private-partnership (PPP) implementation can not be achieved without the active participation of private sector companies. This paper examines the decision-making of private sector companies in public works delivered by the PPP model on the basis of social responsibility theory. It proposes that private sector companies should indentify objectives of entering into PPP projects, and shoulder relevant social responsibilities, while a minimum return should also be guaranteed in their favor, so as to compensate for their assumed risk and support them to take on responsibilities in the future. The paper also gives a calculation regarding the appropriate scale and reasonable degree of private sector involvement in PPP projects through the cost-benefit analysis in a specific case study, with the purpose to guide the private sector companies to create a cooperation environment resembling “symbiosis" and facilitate the smooth implementation of public works delivered by the PPP model.
Digital Object Identifier (DOI): doi.org/10.5281/zenodo.1072074Procedia APA BibTeX Chicago EndNote Harvard JSON MLA RIS XML ISO 690 PDF Downloads 1262
 Jianqiu Liu, Xianzhong Song, "Social responsibility and the mechanism of establishing corporate value: a research framework," Accounting Communications, pp. 127-130, July. 2010.
 Shuhao Wang, Zhuofu Wang, "Analysis on problems involved in the participation of private investors in infrastructure construction projects of the PPP model," Construction Economics,pp. 65-67,December.2009.
 Jianying Liu, Shengjie Li, "Study on the sharing of BOT risks from the perspective of relevant interest groups,"Modelrn Business and Trade Industry, pp. 194-195, April. 2010.
 Xizhen Gao,Tong Cheng, "Analysis on the decision-making criteria in public projects," Architecture Economy, pp. 31-33, May.2009.
 Junhai Liu, "Social responsibilities of the corporations
[M], Beijing: Law Press, 1999.12-13
 Shiyu Liu, "Analysis on the cost and return compensation of companies taking social responsibilities," Academic journal of Dongbei University of Finance and Economics, pp. 73-76, June.2009.
 Meicun Pan, "Study on the cost and benefit of public products," Academic journal of Southeast University, pp. 57-61, September.2004.
 Michael E. Porter, Mark R. Kramer, "Strategy and Society: Link between Competitive advantage and corporate social responsibility", Howard Business Review,November. 2007.
 Wei Cheng, Chongqing plans to expand the appliance standard of public rental housing to people with income below 5000 RMB, Business News. May.2011.