Title :
Public-private partnerships for expressways in China: An agency theory approach
Author :
Rui, Mu ; De Jong, Martin ; Ten Heuvelhof, Ernst
Author_Institution :
Delft Univ. of Technol., Delft, Netherlands
Abstract :
Public private partnerships have become increasingly common for road projects in China in the past decade or so. Some of them show serious deficiencies, because of governmental or constructor misconduct. In this article a basic framework for understanding strategic behavior, its negative effects and its possible remedies is developed.
Keywords :
construction; project management; roads; China; agency theory approach; expressway construction; expressway infrastructure; public-private partnerships; road projects; Bridges; Building materials; Contracts; Costs; Investments; Law; Legal factors; Local government; Roads; Surface cracks;
Conference_Titel :
Infrastructure Systems and Services: Building Networks for a Brighter Future (INFRA), 2008 First International Conference on
Conference_Location :
Rotterdam
Print_ISBN :
978-1-4244-6887-4
DOI :
10.1109/INFRA.2008.5439592
