0000000000611053

AUTHOR

Espen Solheim-kile

showing 3 related works from this author

Public-Private Partnership: Transaction Costs of Tendering

2016

Abstract What are the transaction costs of participating in a public-private partnership (PPP) tender? Prior research indicate that there is a significant amount of resources required. However, few researchers seem to measure transaction costs directly. The purpose of this paper is therefore to fill this knowledge gap by presenting estimated transaction costs from both public and private actors. The underlying approach for this research was a case study of a new primary school in Norway. This case was chosen because of the expedient access to detailed information of the tendering process. The main source of data was documents and estimated figures obtained from public and private actors inv…

PPPComputer scienceProcess (engineering)tendering0211 other engineering and technologiesCost accounting02 engineering and technologyComputer securitycomputer.software_genretransaction costscost managementProcurement021105 building & construction0502 economics and businessGeneral Environmental ScienceFinanceTransaction costCall for bidsbusiness.industry05 social sciencesPublic–private partnershipGeneral partnershipGeneral Earth and Planetary SciencesbusinesscomputerPublic-private partnership050203 business & managementProcedia Computer Science
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Extending the Transactional View on Public–Private Partnership Projects: Role of Relational and Motivational Aspects in Goal Alignment

2019

AbstractIn public–private partnerships (PPPs), aligning the goals of the public sector with those of the private contractor is usually achieved using incentives informed by agency theory. However, ...

business.industryStrategy and Management05 social sciencesPublic sectorPrincipal–agent problemBuilding and ConstructionPublic relationsGoal alignment0506 political sciencePublic–private partnershipIncentiveTransactional leadership0502 economics and businessIndustrial relations050602 political science & public administrationbusiness050203 business & managementCivil and Structural EngineeringSocial capitalJournal of Construction Engineering and Management
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Public-Private Partnerships: Agency Costs in the Privatization of Social Infrastructure Financing

2019

Public-private partnerships (PPPs) have been subjected to considerable public debate. In particular, this debate has concerned PPP financing and its implications. Using insights from agency theory, this study aims to develop a theoretical understanding of PPP financing. The following research question is investigated: How does the privatization of financing decrease or increase agency costs in social infrastructure PPPs? A comparative case study consisting of four Norwegian PPP projects with different financial configurations is undertaken. The findings suggest that the private sector is risk averse, increasing the cost of capital. In addition, private financing does not seem to have the i…

Financebusiness.industryStrategy and Management05 social sciencesAgency cost0211 other engineering and technologiesPrincipal–agent problemPublic debate02 engineering and technologySocial infrastructurePublic–private partnershipManagement of Technology and Innovation021105 building & construction0502 economics and businessBusinessBusiness and International Management050203 business & managementProject Management Journal
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