scholarly journals Sustainable Stock Market and Sustainability Reporting Propensity of the Public Sector: Mediating Role of the Private Sector

Author(s):  
Ali Uyar ◽  
Cemil Kuzey ◽  
Merve Kilic
Author(s):  
Adyathan Dasyapu ◽  
Greeshmika Nagubilli ◽  
Jayanth V Kutcharlapati ◽  
Hari Prasad Guntuku ◽  
Shruti S Nagdeve

Purpose: Engineering, procurement, and construction (EPC) contracts are on their way to becoming the most common type of contract used by the private sector for large-scale infrastructure projects. Every project requires a strong relationship between all of the experts participating in EPC projects and the client. This relationship must be solidly established by an architect; otherwise, the project may fail for all parties involved, including the client, contractor, lenders, government, and others. The purpose of this study is to identify if the working of the EPC contracts is favourable for the architectural profession, and to identify the way in which the working could be improved. Methodology: A qualitative approach was applied to analyze the critical points of EPC contracts based upon reviews of related case studies from the public sector and supplementary interviews with professionals in the field. Main Finding: The architect's role in an EPC contract is not crucial and is equal to other stakeholders involved in the project. Also, EPC contractors have the power to dictate the workflow of the project and hence, architects might have to compromise in terms of the design, compensation, etc. Implications: It is very important for every project to have an outcome based on each stakeholders/consultants inputs specially on larger projects, this article is a step towards understanding the role of architects under an EPC contract as the future projects will come under its purview.  Novelty: The study is done under the lens of a newly graduated architect and not as any other professional, thereby trying to develop an understanding for fresh architects.


2020 ◽  
Vol 1 (5) ◽  
pp. 335-345
Author(s):  
Thanh Nga Pham

Corruption is always a big problem exist in every country. Today, the corruption is not only in the public sector but also in the private sector. Each State has used many ways to prevent and fight this crime. The 4th Industrial Revolution (4IE) brings many innovative solutions for modern life. Especially, e-Government is a great achievement of the 4IE. Base on the e-Government, the policies and regulations of States are transparent. It plays an important role to prevent and fight corruption more effectively. In this paper, the author will analyze the case study of Vietnam on fighting corruption base on the information technology and the outcome of applying e-Government on preventing and fighting corruption in both public sector and private sector. From this result of research, the author will recommend some solutions to improve the corruption status in Vietnam on the next period.


2021 ◽  
Vol 9 (1) ◽  
pp. 41
Author(s):  
George Nwangwu

Nigeria, like most countries around the world, has turned to Public-Private Partnerships (PPPs) to finance its infrastructure deficit. However, it appears that the government of Nigeria looks towards PPPs as the major solution to the country’s infrastructure crisis. In a sense PPPs are being sold to the public as if they were free, that the private sector would come in with its funds, provide the desired services and that the problem with the country’s infrastructure would automatically cease. This paper argues that this supposition is a myth and that the role of PPPs in the provision of public infrastructure is more nuanced than is being bandied around. PPPs are not the panacea to all of the country’s infrastructure problems and also are far from being completely free. It is however the case that if appropriately deployed, in most cases PPPs provide some advantages over conventional public sector procurements. This paper explores the different advantages and disadvantages of PPPs and suggests ways in which PPPs may be effectively used to improve the country’s infrastructure with reduced fiscal exposure to government.


2015 ◽  
Vol 1 (2) ◽  
pp. 38 ◽  
Author(s):  
Byson B. Majanga

The accountancy profession subscribes to the values of accountability, integrity, honesty, accuracy among others and that is the reason accountants are required in any field of work to provide an independent report of how the resources are deployed to bring the outcome and assess if indeed the outcome from the use of such resources is as it had been expected by all the stakeholders. This requirement is common to all sectors of the economy, whether in the public or private sector. The paper discusses the changing role of the accountant in the public sector in response to the growing concerns of public resource abuse. Africa, Malawi in particular, has been a victim of gross resource abuse by public officers through among others fraud, corruption, theft and gross mismanagement. Malawi has recently been rated highly in terms of corrupt practices with the public sector taking a leading position leading to gross mismanagement of public resources since the dawn of democracy in 1994. The study takes a look at the changing roles of an accountant in the public sector where the control environment in the financial management system, and the political will of those in charge of the public sector, are not the same as those in the private sector. The accounting weaknesses or challenges as revealed by the reviewed audit reports are scrutinised and the role of the accountant with respect to each challenge is reviewed and recommendations suggested which if implemented, may block the future recurrence of such weaknesses in the financial management systems in the public sector.


Author(s):  
Marius Constantin PROFIROIU ◽  
Maria-Roxana BRIȘCARIU

"The society based on knowledge and innovation brings to the fore the role of universities as research and learning spaces, with the purpose for sustainable development, at local, regional, national and global levels. Following this approach, we explore the capacity of spreading the knowledge and innovation capital in the North-West region of Romania between universities, the private sector and the public sector. Also, the study explores the role taken by the university system in Romania, locally and regionally, emphasizing what type of relationship defines the exchange of outputs and what are the most useful know-how transfer mechanisms from universities to the private and public sectors. The empirical research in this paper has shown that there is a growing relationship between universities – private sector – public sector, which is characterized as ‘in an incipient phase’, ‘based on urgent needs of the parties’. All of the actors involved in this triad want to develop the links between universities – private sector – public sector in communication, research, innovation and technology, and they suggest standardization and regulation of this interaction and developing a legal framework to correspond to the actual needs at local and regional levels."


2020 ◽  
pp. 026666692097759
Author(s):  
Sarah Cummings ◽  
Suzanne Kiwanuka ◽  
Barbara Regeer

This article contributes to the emerging body of knowledge on the role of the private sector in knowledge brokering in international development because very little is known about the role of the private sector. It attempts to validate the findings of the only literature review to date (Kiwanuka et al, In Press) on the subject and other literature on knowledge brokering by consulting international experts in the field of knowledge brokering, identifying policy and research implications. The conceptual lens employed is the ‘extended’ Glegg and Hoens’ (2016) meta-framework of knowledge brokering, in combination with the cognitive, relational and structural aspects of social capital (Nahapiet and Ghoshal 1998). An online questionnaire survey was distributed to international experts in both the private, public and civil society sectors with some 203 respondents. The questions were developed on the basis of the literature. Respondents from the private sector and their colleagues from the public sector and civil society placed considerable emphasis on opportunities to meet, the existence of personal relationships and brokering by third parties as catalysts to working with the private sector. In addition to developing recommendations for policymakers, the paper has added to the emerging body of academic knowledge on the private sector as an unusual suspect in knowledge brokering and provides a conceptual framework linking social capital to knowledge brokering roles. Policymakers and funders can facilitate cooperation between the private sector and other development actors by creating physical spaces and funding instruments to encourage collaboration with the private sector. One of the novel findings is that the public sector needs to be better prepared to collaborate with the private sector.


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