Su kinijos vandens projektais, pagrį stais viešojo ir privačiojo sektorių partneryste, susijusių rizikos rūšių nustatymas ir paskirstymas

Yelin Xu; Yunfang Yang; Albert P.C. Chan; John F.Y. Yeung; Hu Cheng

doi:10.3846/1648715X.2011.617867

Su kinijos vandens projektais, pagrį stais viešojo ir privačiojo sektorių partneryste, susijusių rizikos rūšių nustatymas ir paskirstymas

Translated title of the contribution: Identification and allocation of risks associated with PPP water projects in China

Yelin Xu, Yunfang Yang, Albert P.C. Chan, John F.Y. Yeung, Hu Cheng

Research output: Journal article publication › Journal article › Academic research › peer-review

54 Citations (Scopus)

Abstract

As part of a comprehensive research into PPP implementation, nine case studies were scrutinized to explore the critical risks influencing the success of PPP water projects in China. Eleven critical risks were identified from real-life risk events through the content analysis. They were further analyzed in the aspects of risk origin and their allocation mechanism. It has been found that the government risks are considered as the most critical risks encountered by the Chinese project practitioners. To allocate risk, industrial practitioners should not only take into account of their management capability, but they should also pay more attention to the overall balance of risks and benefits, and risk guarantee through rigorous contract structure. The findings presented here are believed to enable interested investors to better understand the risks of PPP water projects in China.

Translated title of the contribution	Identification and allocation of risks associated with PPP water projects in China
Original language	Lithuanian
Pages (from-to)	275-294
Number of pages	20
Journal	International Journal of Strategic Property Management
Volume	15
Issue number	3
DOIs	https://doi.org/10.3846/1648715X.2011.617867
Publication status	Published - Oct 2011

Keywords

China
Public-private partnerships
Risk allocation
Risk identification
Water industry

ASJC Scopus subject areas

Strategy and Management

More information

10.3846/1648715X.2011.617867

Cite this

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title = "Su kinijos vandens projektais, pagrį stais vie{\v s}ojo ir priva{\v c}iojo sektorių partneryste, susijusių rizikos rū{\v s}ių nustatymas ir paskirstymas",

abstract = "As part of a comprehensive research into PPP implementation, nine case studies were scrutinized to explore the critical risks influencing the success of PPP water projects in China. Eleven critical risks were identified from real-life risk events through the content analysis. They were further analyzed in the aspects of risk origin and their allocation mechanism. It has been found that the government risks are considered as the most critical risks encountered by the Chinese project practitioners. To allocate risk, industrial practitioners should not only take into account of their management capability, but they should also pay more attention to the overall balance of risks and benefits, and risk guarantee through rigorous contract structure. The findings presented here are believed to enable interested investors to better understand the risks of PPP water projects in China.",

keywords = "China, Public-private partnerships, Risk allocation, Risk identification, Water industry",

author = "Yelin Xu and Yunfang Yang and Chan, {Albert P.C.} and Yeung, {John F.Y.} and Hu Cheng",

note = "Funding Information: The work described in this paper was supported by the national natural Science foundation of China (Project no. 71101130). Special gratitude is also extended to a joint grant from the research Grants Council of the Hong Kong Special administrative region, China (rGC Project no. n_PolyU5114/05e) and the national natural Science foundation of China (Project no. 70731160634).",

year = "2011",

month = oct,

doi = "10.3846/1648715X.2011.617867",

language = "Lithuanian",

volume = "15",

pages = "275--294",

journal = "International Journal of Strategic Property Management",

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Su kinijos vandens projektais, pagrį stais viešojo ir privačiojo sektorių partneryste, susijusių rizikos rūšių nustatymas ir paskirstymas. / Xu, Yelin; Yang, Yunfang; Chan, Albert P.C. et al.
In: International Journal of Strategic Property Management, Vol. 15, No. 3, 10.2011, p. 275-294.

Research output: Journal article publication › Journal article › Academic research › peer-review

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AU - Cheng, Hu

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Su kinijos vandens projektais, pagrį stais viešojo ir privačiojo sektorių partneryste, susijusių rizikos rūšių nustatymas ir paskirstymas

Abstract

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ASJC Scopus subject areas

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