Equitable risks allocation of projects inside China: Analyses from Delphi survey studies

Ke, Y; Wang, SQ; Chan, APC

Equitable risks allocation of projects inside China: Analyses from Delphi survey studies

Ke, Y

Wang, SQ Chan, APC

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Publication Type:: Journal Article
Citation:: Chinese Management Studies, 2011, 5 (3), pp. 298 - 310
Issue Date:: 2011-08-01

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Field	Value	Language
dc.contributor.author	Ke, Y https://orcid.org/0000-0003-3426-703X	en_US
dc.contributor.author	Wang, SQ	en_US
dc.contributor.author	Chan, APC	en_US
dc.date.issued	2011-08-01	en_US
dc.identifier.citation	Chinese Management Studies, 2011, 5 (3), pp. 298 - 310	en_US
dc.identifier.issn	1750-614X	en_US
dc.identifier.uri	http://hdl.handle.net/10453/116541
dc.description.abstract	Purpose: The purpose of this paper is to validate and elaborate on the preferred risk allocations for Chinese public-private partnership (PPP) projects. Design/methodology/approach: A previous two-round Delphi survey was carried out to identify the preferred risk allocations in Chinese PPP projects. A series of face-to-face interviews was subsequently conducted to collect actual risk allocations in some recently completed PPP projects. By comparing the preferred and actual allocations and discovering the reasons behind the differences, an equitable risk allocation scheme was then obtained. Findings: The comparative analysis showed a great degree of conformity between the two allocation schemes. These interviews effectively reinforce the rationale of the preferred risk allocations, so that they can be considered as equitable for PPP projects in China. Originality/value: Equitable risk allocation is critical to the success of a PPP project. The findings in this paper are hence important to investors for a better understanding of the risks of PPP projects in China. © Emerald Group Publishing Limited.	en_US
dc.relation.ispartof	Chinese Management Studies	en_US
dc.relation.isbasedon	10.1108/17506141111163372	en_US
dc.title	Equitable risks allocation of projects inside China: Analyses from Delphi survey studies	en_US
dc.type	Journal Article
utslib.citation.volume	3	en_US
utslib.citation.volume	5	en_US
utslib.for	1503 Business and Management	en_US
pubs.embargo.period	Not known	en_US
pubs.organisational-group	/University of Technology Sydney
pubs.organisational-group	/University of Technology Sydney/Faculty of Design, Architecture and Building
pubs.organisational-group	/University of Technology Sydney/Faculty of Design, Architecture and Building/School of Built Environment
utslib.copyright.status	closed_access
pubs.issue	3	en_US
pubs.publication-status	Published	en_US
pubs.volume	5	en_US

Abstract:

Purpose: The purpose of this paper is to validate and elaborate on the preferred risk allocations for Chinese public-private partnership (PPP) projects. Design/methodology/approach: A previous two-round Delphi survey was carried out to identify the preferred risk allocations in Chinese PPP projects. A series of face-to-face interviews was subsequently conducted to collect actual risk allocations in some recently completed PPP projects. By comparing the preferred and actual allocations and discovering the reasons behind the differences, an equitable risk allocation scheme was then obtained. Findings: The comparative analysis showed a great degree of conformity between the two allocation schemes. These interviews effectively reinforce the rationale of the preferred risk allocations, so that they can be considered as equitable for PPP projects in China. Originality/value: Equitable risk allocation is critical to the success of a PPP project. The findings in this paper are hence important to investors for a better understanding of the risks of PPP projects in China. © Emerald Group Publishing Limited.

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http://hdl.handle.net/10453/116541