Review paper
Public-Private Partnerships: Agency Costs in the Privatization of Social Infrastructure Financing
Abstract
Public-private partnerships (PPPs) have been subjected to considerable public debate. In particular, this debate has concerned PPP financing and its implications. Using insights from agency theory, this study aims to develop a theoretical understanding of PPP financing. The following research question is investigated: How does the privatization of financing decrease or increase agency costs in social infrastructure PPPs? A comparative case study...
Paper Details
Title
Public-Private Partnerships: Agency Costs in the Privatization of Social Infrastructure Financing
Published Date
Jan 29, 2019
Journal
Volume
50
Issue
2
Pages
144 - 160
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