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Contractual incompleteness and renegotiations of public private partnerships : a mixed-methods analysis

dc.contributor.authorSarmento, Joaquim
dc.date.accessioned2019-08-09T09:34:40Z
dc.date.available2019-08-09T09:34:40Z
dc.date.issued2019
dc.description.abstractPublic-private partnerships (PPPs) are frequently renegotiated. The reason is that these long-term contracts (of over 30 years) require major investments and therefore are necessarily incomplete. Thus, research perceives the renegotiation of PPPs as their biggest pitfall. The abnormal occurrence of renegotiations leads to low efficiency and potential problems in this type of organizational choice. This study addresses the contractual incompleteness and the effect of renegotiations by using Portuguese PPPs. The use of mixed methods (a qualitative approach using fsQCA and a quantitative one) provides a deeper knowledge of the conditions that can cause renegotiations. The results show that investment, debt, type of shareholder, and type of payment have a strong effect on the occurrence or absence of renegotiations. Regulatory agencies responsible for both the creation and the renegotiation of PPPs must consider these findings in the design of PPP contracts, particularly regarding the payment conditions of each project, as this is a critical condition for posterior renegotiation of contracts.pt_PT
dc.description.versioninfo:eu-repo/semantics/publishedVersionpt_PT
dc.identifier.citationSarmento, Joaquim (2019). "Contractual incompleteness and renegotiations of public private partnerships : a mixed-methods analysis". European Journal of Management Studies, 24(1):3-19pt_PT
dc.identifier.doi10.5455/EJMS/292963/2019pt_PT
dc.identifier.issn2183-4172
dc.identifier.urihttp://hdl.handle.net/10400.5/18227
dc.language.isoengpt_PT
dc.peerreviewedyespt_PT
dc.publisherInstituto Superior de Economia e Gestãopt_PT
dc.relation.publisherversionwww.european-jms.compt_PT
dc.subjectMixed methodspt_PT
dc.subjectfsQCApt_PT
dc.subjectpublic private partnershipspt_PT
dc.subjectrenegotiationspt_PT
dc.subjectcontract incompletenesspt_PT
dc.titleContractual incompleteness and renegotiations of public private partnerships : a mixed-methods analysispt_PT
dc.typejournal article
dspace.entity.typePublication
oaire.awardURIinfo:eu-repo/grantAgreement/FCT/5876/UID%2FSOC%2F04521%2F2013/PT
oaire.citation.conferencePlaceLisboapt_PT
oaire.citation.endPage19pt_PT
oaire.citation.issue1pt_PT
oaire.citation.startPage3pt_PT
oaire.citation.titleEuropean Journal of Management Studiespt_PT
oaire.citation.volume24pt_PT
oaire.fundingStream5876
person.familyNameSarmento
person.givenNameJoaquim
person.identifier.ciencia-id651D-8F97-E33C
person.identifier.orcid0000-0002-1235-5779
person.identifier.scopus-author-id57125842800
project.funder.identifierhttp://doi.org/10.13039/501100001871
project.funder.nameFundação para a Ciência e a Tecnologia
rcaap.rightsopenAccesspt_PT
rcaap.typearticlept_PT
relation.isAuthorOfPublication4fd06082-e36c-4f54-8323-6a93af99271c
relation.isAuthorOfPublication.latestForDiscovery4fd06082-e36c-4f54-8323-6a93af99271c
relation.isProjectOfPublicationc3113677-6fb1-4c8c-8da9-5a88e670eaed
relation.isProjectOfPublication.latestForDiscoveryc3113677-6fb1-4c8c-8da9-5a88e670eaed

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