Conceptualizing Corruption in Public Private Partnerships
- This article conceptualizes the vulnerability of the different stages of Public-Private Partner-ship (PPP) models for corruption against the backdrop of contract theory, principal-agent theory and transaction cost economics, and discusses potential control mechanisms. The article’s contribution to the debate on PPPs is twofold: first, an issue widely neglected by the pertinent literature is conceptualized. Second, as these PPPs are used not only in de-veloped countries whose legal order may shield them sufficiently, but also in developing countries, carving out the vulnerable points in PPP arrangements may enable decision mak-ers to install appropriate control mechanisms, if need be on project level.
| Author: | Rahel M. Schomaker |
|---|---|
| DOI: | https://doi.org/10.1007/s11115-020-00473-6 |
| ISSN: | 1566-7170 |
| Parent Title (English): | Public Organization Review |
| Volume: | 20 |
| Publisher: | Springer |
| Place of publication: | Berlin |
| Document Type: | Article |
| Language: | English |
| Year of Completion: | 2020 |
| Publishing Institution: | Deutsches Forschungsinstitut für öffentliche Verwaltung |
| Release Date: | 2021/01/18 |
| Reviewed Document?: | Ja |
| First Page: | 807 |
| Last Page: | 820 |
| Licence (German): |  Urheberrechtlich geschützt |
