Management Controls in Public-Private Partnerships: An Analytical Framework

Drawing on transaction cost economics and organisational theory, this paper proposes a framework to analyse management controls in Public–Private Partnerships (PPPs). The paper contributes to the related literature at a conceptual level by showing how three control archetypes, namely market, bureauc...

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Bibliographic Details
Published in:Australian accounting review 2011-03, Vol.21 (1), p.64-79
Main Authors: Appuhami, Ranjith, Perera, Sujatha, Perera, Hector
Format: Article
Language:English
Subjects:
Management controls
Public private partnerships
Studies
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Summary:Drawing on transaction cost economics and organisational theory, this paper proposes a framework to analyse management controls in Public–Private Partnerships (PPPs). The paper contributes to the related literature at a conceptual level by showing how three control archetypes, namely market, bureaucratic and clan, in conjunction with two control strategies, namely performance evaluation and trust‐based strategies, could be used by public partners to minimise relational and performance risk, thereby achieving value for money. Practitioners could also use the linkages identified in this paper to develop management control systems for PPPs.
ISSN:1035-6908
1835-2561
DOI:10.1111/j.1835-2561.2010.00122.x