Drivers of value for money public private partnership projects in Malaysia

Ismail, Suhaiza (2013) Drivers of value for money public private partnership projects in Malaysia. Asian Review of Accounting, 21 (3). pp. 241-256. ISSN 1321-7348

PDF ( Drivers of value for money public private partnership projects in Malaysia) - Published Version Restricted to Registered users only Download (107kB) | Request a copy

Abstract

Purpose – The purpose of this paper are twofold. First, it aims to investigate the factors that enhance the VFM achieved from PPP projects in Malaysia. Second, it aims to examine the differences in the perceptions of public and private sectors pertaining to the VFM factors of PPP implementation in Malaysia. Design/methodology/approach – A questionnaire survey was used to elicit the perceptions of the public and private sectors concerning the VFM drivers for PPP projects in Malaysia; 122 usable responses were obtained and analysed using SPSS to rank the importance of the factors and to examine the differences in the perceptions between the government and private sectors. Findings – The results reveal that two factors are perceived as “most important” to enhance the achievement of VFM for PPP implementation in Malaysia – “private sector technical innovation” and “competitive tender”. In terms of the differences in the perceptions of the public and private sectors concerning the level of importance of the VFM drivers, the results reveal that there are significant differences for half of the VFM factors. Originality/value – The exclusive contribution of this paper is that it highlights not only the factors that enhancing the VFM achievement for PPP projects in Malaysia, but also offers evidence concerning the differences in the perceptions of public and private sectors pertaining to the importance of the VFM factors.

Item Type:	Article (Journal)
Additional Information:	5096/31821
Uncontrolled Keywords:	Public private partnership (PPP), Value for money (VFM), Partnership, Malaysia
Subjects:	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:	06 Sep 2013 14:54
Last Modified:	26 Sep 2013 09:43
URI:	http://irep.iium.edu.my/id/eprint/31821

Actions (login required)

View Item