02390cam a22003138i 4500001001300000003000600013007000300019008004100022020002500063020001500088035002200103050002200125100002300147245010000170260004600270300002400316490004200340500005100382505026800433520110000701650003901801650002101840700002001861700001801881830004301899942001201942952010701954999001502061on1230559086OCoLCta210423s2020 enka 000 0 eng d a9780367630805 (hbk.) a036763080X a(OCoLC)1230559086 aHD3871b.H48 20211 aHeydari, Mohammad.10aRisk management in public-private partnerships /cMohammad Heydari, Kin Keung Lai, Xiaohu Zhou. aAbingdon, Oxon, U.K. :bRoutledge,c2021. axvi, 332 p. :bill.1 aRoutledge advances in risk management aIncludes bibliographical references and index.0 a1. Introduction to public-private partnerships -- 2. PPPs, ethics, and curruption -- 3. PPPs and governance -- 4. Overview of risk management in PPPs and corruption -- 5. Allocation of risk to PPPs, including corruption 6. Anit-corruption risk management in PPPs. aPublic-Private Partnership (PPP) is a channel through which the public sector can seek alternative funding and expertise from the private sector to procure public infrastructure. Governments around the world are increasingly turning to Public-Private Partnerships to deliver essential goods and services. Unfortunately, PPPs, like any other public procurement, can be at risk of corruption. This book begins by looking at the basics of PPP and the challenges of the PPP process. It then conceptualizes the vulnerability of various stages of Public-Private Partnership models and corruption risk against the backdrop of contract theory, principal-agent theory and transaction cost economics. The book also discusses potential control mechanisms. The book also stresses the importance of good governance for PPP. It outlines principles and procedures of project risk management (PRM) developed by a working party of the Association of Project Managers. Finally, the book concludes by proposing strategies and solutions to overcome the limitations and challenges of the current approach toward PPP. 4aPublic-private sector cooperation. 4aRisk management.1 aLai, Kin Keung.1 aZhou, Xiaohu. 0aRoutledge advances in risk management. 2lcccBK 00104070aPNLIBbPNLIBcGENd2021-06-17oHD3871 .H48 2021pPNLIB21060838r2021-06-17w2021-06-17yBK c1024d1024