The Private Finance Initiative: risk, uncertainty and the state

By J. Froud. 2003

354 citations recorded by the source corpus.

Subfields: Finance, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/0f07cbbc67345596c8c1a360c2f0b58b3ce75d46

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Finance

1. J. Beswick
2. Zamzulaila Zakaria
3. J. Penny
4. L. Ferry
5. Peter Eckersley
6. J. Sanderson

In Strategy and Management

1. Demi Chung
2. J. Beswick
3. Zamzulaila Zakaria
4. John M. Rose
5. Ying-Yi Chih
6. J. Penny
7. Y. Kwak
8. David A. Hensher

Citations in the corpus

• Accountability and Transparency in English Local Government: Moving from 'Matching Parts' to 'Awkward Couple'? (2015, positive): “…public private partnerships have reduced the accountability of public services, partly due to the complexity of supplier contracts (Pollitt, 1986; Shaoul, 1997; Funnell, 2000; Letza and Smallman, 2001; Broadbent et al., 2003; Froud, 2003; Demirag and Khadaroo, 2008; and English and Baxter, 2010).”
• Large Infrastructure Projects: A Review of the Quality of Demand Forecasts and Cost Estimations (2007, neutral): “For further information on risks and uncertainty in general and the role of the state versus private parties, see Froud (2003).”
• Contracts, relationships and integration: towards a model of the procurement of complex performance (2009, neutral): “…between in-house 4 Leaving aside specific (sometimes ideological) concerns, such as whether the policy is legitimate, cost-effective, actually results in risk transfer or is sufficiently accountable (e.g. Froud, 2003) this paper argues that PFI is still innovative public procurement practice.”
• Demolishing the Present to Sell off the Future? The Emergence of ‘Financialized Municipal Entrepreneurialism’ in London (2018, methodology): “In this mode of governance, private sector provision was exalted as efficient in ways the public sector could never be (Froud 2003) and the state’s role was limited to strategic oversight.”
• Risk, uncertainty and governance in megaprojects: A critical discussion of alternative explanations (2012, methodology): “Instead, there is a tendency to conflate these terms and to use them interchangeably, which in effect means that uncertainty is either treated in the same way as risk or ignored (Froud, 2003; Perminova et al., 2008).”
• Towards a Comprehensive Understanding of Public Private Partnerships for Infrastructure Development (2009, background): “There is considerable evidence indicating that risks have not been managed and/or risk allocation strategies have not been enforced properly.(55)”
• Toward the Betterment of Risk Allocation: Investigating Risk Perceptions of Australian Stakeholder Groups to Public-Private-Partnership Tollroad Projects (2009, background): “Two examples in Victoria are in line with what Froud (2003) named as an inherent risk of PPPs: that these complex contractual arrangements deprive partners of some degree of flexibility.”
• Public Sector to Public Services: 20 Years of 'Contextual' Accounting Research (2008, neutral): “Some attention is also being paid to the more specific aspect of risk (Froud, 2003), although there is not yet a body of published PSAR work that looks at risk in the context of governance Work in this area is important – given the extent of the impact of regulation on practice there remains an impo”