Assessment of stakeholders’ responsiveness in public–private partnership projects: perspective from Nigeria
Year: 2024
Type: article
Study design: Observational Study
Abstract: Purpose The purpose of this paper is to evaluate stakeholders’ responsiveness as an important factor of public–private partnership (PPP) projects performance. Design/methodology/approach Primary data were collected through the administration of structured questionnaires on the key stakeholders (public sector authorities, concessionaires, local lenders (financiers), consultants and contractors) involved in the identified 24 PPP projects so far initiated by Lagos State government in Nigeria. As such, 37 managerial officers (public sector), 20 concessionaires, 17 financiers, 22 contractors and 19 consultants (private sector) were purposively selected. These give a total number of 115 sample size. Out of this, 81 valid responses were received and used for the analysis. The elicited data were analysed using frequency distribution, percentile, mean item score and analysis of variance statistics. Findings The findings show that the responsiveness of stakeholders to identified responsibilities can only be said to be fair on the part of two primary stakeholders: government and concessionaires, while others, financiers, consultants, contractors and end-users, exhibit low level of responsiveness in PPP projects. Originality/value The paper empirically gauges how stakeholders respond to their responsibilities in PPP project. The study also provided insight from both theoretical and empirical perspective and the effect of stakeholders’ responsiveness on the performance of PPP projects. This study has implications for PPP project performance.
Authors: Fausat Ajibade, Joshua Dada, Ajibade Adeyemo
Language: English
Subfield: Strategy and Management
Domain: Social Sciences
Open Access status: diamond
OpenAlex ID: W4405417934