Title
Stakeholder dynamics and responsibilities in public-private partnerships : a mixed experience Stakeholder dynamics and responsibilities in public-private partnerships : a mixed experience
Author
Faculty/Department
Faculty of Applied Economics
Publication type
article
Publication
Guildford ,
Subject
Economics
Source (journal)
International journal of project management. - Guildford
Volume/pages
(2014) , p. 1-13
ISSN
0263-7863
ISI
000341468400011
Carrier
E
Target language
English (eng)
Full text (Publishers DOI)
Abstract
Although stakeholder management is seen as one of the main success factors of PublicPrivate Partnerships (PPPs), to date, limited research has investigated actual stakeholder management in PPPs. After positioning PPP in the current stakeholder management theory, a comparative case study analysis of four PPP infrastructure projects demonstrates the relevance and importance of stakeholder inclusion in PPPs. The case study findings indicate that a PPP makes the stakeholder environment more complex to manage, due to the increasing importance of the stakeholder context and dynamics. Hence, allocating stakeholder responsibilities between the public initiator and private consortium becomes problematic as it goes hand in hand with balancing between reactive and proactive responses to stakeholder claims. In order to cope with the PPP specific stakeholder characteristics, the use of a dynamic dual stakeholder management tool is recommended as well as the identification of governance structures that allow the sharing and division of responsibilities between stakeholders.
E-info
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