Rationales for public private partnership (PPP) implementation in Malaysia

Ismail, Suhaiza and Haris, Fatimah Azzahra (2014) Rationales for public private partnership (PPP) implementation in Malaysia. Journal of Financial Management of Property and Construction, 19 (3). pp. 188-201. ISSN 1366-4387

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Abstract

Purpose – There are two objectives for the present study. First, it examines the rationale for implementation of public private partnerships (PPP) in Malaysia. Second, it investigates the differences among perceptions of the public and private sectors, in relation to the rationales for implementing PPP in Malaysia. Design/methodology/approach – A questionnaire survey captured the perceptions of the public and private sectors concerning the rationales for PPP implementation in Malaysia. Of 250 questionnaires distributed, 122 usable responses were obtained and analysed using SPSS to rank the importance of the rationales and to examine differences in perceptions between the government and private sectors. Findings – Results show that ‘to enhance private sector involvement in economic development’ is the only rationale that was rated as most important by all respondents. While other rationales were perceived as important, ‘to reduce the role of the Government in providing public services and facilities’ was regarded as the least important rationale by both parties. The results also reveal significant differences between public and private perceptions for the least important rationales. Originality/value – This paper offers empirical evidence on the concept and the rationales for implementing PPP in Malaysia, and also provides evidence on the differences in the perceptions of the public and private sectors in relation to these rationales. Keywords: Public Private Partnership (PPP), rationales, Malaysia

Item Type:	Article (Journal)
Additional Information:	5096/39130
Uncontrolled Keywords:	Public private partnership (PPP), Rationales, Malaysia
Subjects:	H Social Sciences > H Social Sciences (General) > H96 Public policy (General), Policy sciences H Social Sciences > HJ Public Finance > HJ9701 Public accounting
Kulliyyahs/Centres/Divisions/Institutes (Can select more than one option. Press CONTROL button):	Kulliyyah of Economics and Management Sciences > Department of Accounting
Depositing User:	Prof. Dr. Suhaiza Ismail
Date Deposited:	13 Nov 2014 11:24
Last Modified:	25 Sep 2017 16:57
URI:	http://irep.iium.edu.my/id/eprint/39130

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