Unravelling the influence of formal and informal institutions on the duration of public concessions

Fleta-Asín, Jorge (Universidad de Zaragoza) ; Muñoz, Fernando (Universidad de Zaragoza) ; Sáenz-Royo, Carlos (Universidad de Zaragoza)

Resumen: The growing prominence of public–private partnerships featuring concessions has become a focal point in the management realm. Concession agreements, often spanning numerous years, imbue projects with continuity and stability. Through the theory of neo-institutionalism, we analyse the influence of formal and informal institutions on the duration of these projects across diverse countries, showing the pivotal role played by the institutional environment and consensus mechanisms in ensuring the success of such collaborative endeavours. The findings furnish valuable insights for practitioners and policymakers by facilitating the identification of optimal conditions to establish enduring and highly effective concession agreements.

Idioma: Inglés

DOI: 10.1016/j.seps.2024.101966

Año: 2024

Publicado en: SOCIO-ECONOMIC PLANNING SCIENCES 95 (2024), 101966 [13 pp.]
ISSN: 0038-0121

Financiación: info:eu-repo/grantAgreement/EUR/AEI/PID2020-113338RB-I00
Financiación: info:eu-repo/grantAgreement/ES/AEI/PID2022-136818NB-I00
Financiación: info:eu-repo/grantAgreement/ES/DGA/LMP175_21
Financiación: info:eu-repo/grantAgreement/ES/DGA/S38-23R
Financiación: info:eu-repo/grantAgreement/ES/DGA/S42-23R-CREVALOR
Financiación: info:eu-repo/grantAgreement/ES/MCIU-AEI-FEDER/RTI2018-093483-B-I00
Financiación: info:eu-repo/grantAgreement/ES/UZ/JIUZ-2021-SOC-03
Financiación: info:eu-repo/grantAgreement/ES/UZ/JIUZ-2022-CSJ-24

Tipo y forma: Article (Published version)

Área (Departamento): Área Organización de Empresas (Dpto. Direcc.Organiza.Empresas)
Área (Departamento): Área Economía Finan. y Contab. (Dpto. Contabilidad y Finanzas)