Performance indicators for public private partnership (PPP) projects in Malaysia

Mohamad, Rosnani and Ismail, Suhaiza and Mohd Said, Julia (2018) Performance indicators for public private partnership (PPP) projects in Malaysia. Journal of Economics and Management Sciences, 34 (2). pp. 137-152. ISSN 1026-4116 E-ISSN 2054-6246

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Abstract

Purpose The purpose of this paper is twofold: first, to identify the important performance indicators used in assessing public private partnership (PPP) performance in terms of the two aspects of PPP which are “financing and markets” and “innovation and learnings”; and second, to investigate the differences in the perception between public and private sectors on the importance of performance indicators in terms of the two aspects of PPP. Design/methodology/approach Using a questionnaire survey, 237 completed questionnaires were received representing 51.52 per cent response rate. In examining the importance of performance indicators, the descriptive statistical tests of mean, standard deviation and mean score ranking were used. The independent t-tests were conducted to investigate the differences in the perceptions between the two respondents’ groups on the importance of performance indicators. Findings In relation to the two areas of indicators used in assessing PPP performance, the findings show that the top three important performance indicators for financing and markets are: “Operational cost”, “Construction cost” and “Construction period”. While the top three important performance indicators for innovation and learning are: “Technology innovation”, “Employee training” and “Financial innovation”. In terms of the differences in the perceptions between the public and private sector groups, the test results indicate that there is only one significant statistical difference for each aspect of performance indicators. Originality/value This study offers empirical evidence on key financial performance indicators for PPP projects as perceived by two key parties in a PPP contract that are public and private sectors.

Item Type:	Article (Journal)
Additional Information:	5096/71139
Uncontrolled Keywords:	Malaysia, Performance indicators, Public private partnership
Subjects:	H Social Sciences > H Social Sciences (General) H Social Sciences > HB Economic Theory > HB238 Competition. Production. Wealth
Kulliyyahs/Centres/Divisions/Institutes (Can select more than one option. Press CONTROL button):	Kulliyyah of Economics and Management Sciences Kulliyyah of Economics and Management Sciences > Department of Accounting
Depositing User:	Prof. Dr. Suhaiza Ismail
Date Deposited:	14 Mar 2019 10:44
Last Modified:	12 Nov 2019 15:02
URI:	http://irep.iium.edu.my/id/eprint/71139

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