Ex post impact evaluation of PPP projects: an exploratory research

2019 ◽  
Vol 9 (2) ◽  
pp. 315-330 ◽  
Author(s):  
Jose Oliveros-Romero ◽  
Ajibade A. Aibinu
Keyword(s):  
Impact Evaluation ◽  
Evaluation Method ◽  
Formal Method ◽  
Exploratory Research ◽  
Public Infrastructure ◽  
Content Type ◽  
Ex Post ◽  
Formal Procedure ◽  
Post Impact ◽  
The Impact

Purpose The purpose of this paper is to explore, in literature and practice, the use of ex post impact evaluations within the public–private partnership (PPP) context and understand the major considerations for developing a PPP ex post impact evaluation method. Design/methodology/approach This paper applies exploratory research through expert interviews from Chile and Australia to describe: the relevance of this kind of evaluation, and the challenges of designing and conducting a PPP ex post evaluation. Findings The study confirms the lack of a formal method for evaluating the impact of a PPP project. Experts agree on the relevance of performing ex post evaluations to PPP projects and that in practice there is no formal procedure to follow. Among other challenges, experts discussed four general ex post evaluation aims: transparency and accountability, PPP legitimization, industry learning and government agency learning. Research limitations/implications This study confirms the gap in knowledge and contributes to the developments of approaches to perform ex post impact evaluation of PPP projects. It also provides several suggestions that need to be addressed when attempting to evaluate PPPs beyond the financial and contractual parameters. Originality/value The topic is not fully addressed in the literature, and this study contributes to the initial discussion and development of this evaluation method, which is considered significant for the development of public infrastructure.

scholarly journals The Stopit! programme to reduce bullying and undermining behaviour in hospitals

2018 ◽  
Vol 32 (3) ◽  
pp. 428-443 ◽  
Author(s):  
Graham Benmore ◽  
Steven Henderson ◽  
Joanna Mountfield ◽  
Brian Wink
Keyword(s):  
Evaluation Method ◽  
Realist Evaluation ◽  
Evaluation Framework ◽  
Content Type ◽  
Training Interventions ◽  
Research Findings ◽  
Past Experiences ◽  
The Impact ◽  
Q Sort ◽  
Practical Implications

Purpose The impact of bullying and undermining behaviours on the National Health Service on costs, patient safety and retention of staff was well understood even before the Illing report, published in 2013, that reviewed the efficacy of training interventions designed to reduce bullying and harassment in the outputs. The purpose of this paper is to provide an example of a good programme well evaluated. Design/methodology/approach The methodology follows a broad realist approach, by specifying the underlying programme assumptions and intention of the designers. Three months after the event, Q-sort methodology was employed to group participants into one of three contexts – mechanism – output groups. Interviews were then undertaken with members of two of these groups, to evaluate how the programme had influenced each. Findings Q-sort identified a typology of three beneficiaries from the Stopit! workshops, characterised as professionals, colleagues and victims. Each group had acted upon different parts of the programme, depending chiefly upon their current and past experiences of bullying in hospitals. Research limitations/implications The paper demonstrates the effectiveness of using Q-sort method to identify relevant CMOs in a realist evaluation framework. Practical implications The paper considers the effectiveness of the programme to reduce bullying, rather than teach victims to cope, and how it may be strengthened based upon the research findings and Illing recommendations. Social implications Workplace bullying is invariably implicated in scandals concerning poor hospital practice, poor patient outcomes and staff illness. All too frequently, the sector responds by offering training in resilience, which though helpful, places the onus on the victim to cope rather than the employer to reduce or eliminate the practice. This paper documents and evaluates an attempt to change workplace practices to directly address bullying and undermining. Originality/value The paper describes a new programme broadly consistent with Illing report endorsements. Second, it illustrates a novel evaluation method that highlights rigorously the contexts, mechanisms and outcomes at the pilot stage of an intervention identifies contexts and mechanisms via factor analysis using Q-sort methodology.

Cluster development policies and firms’ performance: evidence from an emerging economy in Latin America

2020 ◽  
Vol 12 (5) ◽  
pp. 687-726
Author(s):  
Diego Aboal ◽  
Marcelo Perera ◽  
Flavia Rovira
Keyword(s):  
Latin America ◽  
Impact Evaluation ◽  
State Of The Art ◽  
Positive Impact ◽  
Evaluation Methods ◽  
The Body ◽  
Maximum Effect ◽  
Content Type ◽  
Cluster Development ◽  
The Impact

Purpose Impact evaluations of cluster programs at firm level are still scarce in the literature. The available evidence on the effectiveness of such programs based on rigorous quantitative impact evaluations is mixed. The purpose of this paper is to contribute to the body of literature the evaluates quantitatively the impact of cluster programs in emerging economies on firms’ performance. In particular, the authors evaluate the impact of a cluster program in Uruguay on firms’ sales and exports. Design/methodology/approach The authors use state-of-the-art impact evaluation methods to evaluate the impact of the program. In particular, difference in differences and matching methods Findings There is very strong evidence that the program had a positive impact on exports and the propensity to export of firms. However, the evidence of a positive impact on sales is weak. The evidence suggests that the maximum effect of the program can be found in the fourth or fifth year after the intervention. Originality/value The contribution of this paper to the literature is fourfold. First, this paper adds to the scarce body of literature evaluating the effects of cluster development programs with state-of-the-art impact evaluation methods. Second, it adds evidence for Latin America, a region that has implement a number of cluster policies (Maffioli et al., 2016) and where, as far as the authors know, there is only one additional paper evaluating rigorously the impacts of them (Figal-Garone et al., 2015). In addition, the authors provide evidence about the timing of the effects after the implementation of a cluster policy, an important issue that is mostly overlooked in the existent literature. Finally, the paper focus its attention on the impacts on exports and the propensity to export of firms, key elements for small open economies in Latin America that are heavily reliant on foreign currency inflows.

Psychological factors of fear of crime: an empirical study of older people in Lucknow, India

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Avanish Bhai Patel
Keyword(s):  
Older People ◽  
Urban Areas ◽  
Psychological Factors ◽  
Fear Of Crime ◽  
Negative Impact ◽  
Well Being ◽  
Exploratory Research ◽  
Psychological Well Being ◽  
Content Type ◽  
The Impact

Purpose The incidents of elder victimisation and cases of victimisation, in general, are increasing fast in the society. These incidents have had negative impact on the sense of well-being and way of life of the older people. Therefore, fear of crime is being considered as a most concerning psycho-social problem amongst the older people in contemporary time. The purpose of this study is to understand the impact of crime rate on the well-being of the older people and examine the linkage between psychological factors and fear of crime amongst the older people. Design/methodology/approach The present study is based on the mixed method approach and an exploratory research designed applied to conduct the study. The field survey has been done from October 2012 to January 2013 on a sample of 220 older people of rural and urban areas of Lucknow in the state of Uttar Pradesh through purposive sampling. For the study, researcher has interviewed 137 male older people and 83 female older people through interview schedules and case studies. The data have been analysed through descriptive and narrative analysis. Findings The study finds that those older people have direct or indirect experience of victimisation, they have anxiety and feel insecurity that someone can victimise them. The study also finds that the happiness of older people is more affected due to anxiety and phobia and have higher level of feeling of fear of crime in their neighbourhood and home. The study also finds whenever anti-social elements are active in the neighbourhood and they commit crimes, fear of crime and anxiety grasp the older people to a large extent causing a fracture in their psychological well-being. Originality/value This work is the original work of researcher. This paper is related to the researcher’s PhD dissertation work. This paper talks about how the psychological well-being of older people affects due to nature of crime in neighbourhood, phobia of crime and anxiety due to criminal activities.

The impact of guaranteed bailout assistance on bank loan overstatement

2016 ◽  
Vol 12 (2) ◽  
pp. 177-210
Author(s):  
Alejandro Hazera ◽  
Carmen Quirvan ◽  
Salvador Marin-Hernandez
Keyword(s):  
Financial Crisis ◽  
Emerging Market ◽  
Balance Sheet ◽  
Bank Loan ◽  
Content Type ◽  
Put Options ◽  
Regulatory Policies ◽  
Ex Post ◽  
Ex Ante ◽  
The Impact

Purpose – The purpose of this paper is to highlight how the basic binomial option pricing model (BOPM) might be used by regulators to help formulate rules, prior to financial crisis, that help prevent loan overstatement by banks in emerging market economies undergoing financial crises. Design/methodology/approach – The paper draws on the theory of soft budget constraints (SBC) to construct a simple model in which banks overstate loans to minimize losses. The model is used to illustrate how guarantees of bailout assistance (BA) (to banks) by crisis stricken countries’ financial authorities may encourage banks to overstate loans and delay the implementation of IFRS for loan valuation. However, the model also illustrates how promises of BA may be depicted as binomial put options which provide banks with the option of either: reporting loan values on poor projects accurately and receiving the loans’ liquidation values; or, overstating loans and receiving the guaranteed BA. An illustration is also provided of how authorities may use this representation to help minimize bank loan overstatement in periods of financial crisis. In order to provide an illustration of how the option value of binomial assistance may evolve during a financial crisis, the model is generalized to the Mexican financial crisis of the late 1990s. During this period, Mexican authorities’ guarantees of BA to the nation’s largest banks encouraged those institutions to overstate loans and delay the implementation of (previously adopted) international “best practices” based loan valuation standards. Findings – Application of the model to the Mexican financial crisis provides evidence that, in spite of Mexico’s “official” 1997 adoption of international “best accounting practices” for banks, “iron clad” guarantees of BA by the country’s financial authorities to Mexico’s largest banks provided those institutions with an incentive to knowingly overstate loans in the late 1990s and early 2000s. Research limitations/implications – The model is compared against only one country in which the BA was directly infused into banks’ loan portfolios. Thus, as conceived, it is directly applicable to crisis countries in which the bailout took this form. However, the many quantitative variations of SBC models as well as recent studies which have applied the binomial model to other forms of bailout (e.g. direct purchases of bank shares by authorities) suggest that the model could be modified to accommodate different bailout scenarios. Practical implications – The model and application show that guaranteed BA can be viewed as a put option and that ex-ante regulatory policies based on the correct valuation of the BA as a binomial option might prevent banks from overstating loans. Social implications – Use of the binomial or similar approaches to valuing BA may help regulators to determine the level of BA that will not encourage banks to overstate the value of their loans. Originality/value – Recent research has used the BOPM to value, on an ex-post basis, the BA which appears on the balance sheet of institutions which have been rescued. However, little research has advocated the use of this type of model to help prevent, on an ex-ante basis, the overstatement of loans on poor projects.

Impact of determinants on early internationalization

2019 ◽  
Vol 17 (5) ◽  
pp. 1018-1034
Author(s):  
Channappa Santhosh
Keyword(s):  
Design Methodology ◽  
Primary Data ◽  
Early Age ◽  
Exploratory Research ◽  
Content Type ◽  
Early Internationalization ◽  
Ex Post ◽  
Ex Post Facto ◽  
Internationalization Strategies ◽  
Practical Implications

Purpose The purpose of this paper is to analyze the influence of determinants on early internationalization in the context of an emerging economy, i.e. India. Design/methodology/approach The study is based on an ex post facto exploratory research using primary data collected from a sample of 102 exporting small- and medium-sized enterprises (SMEs) in Bangalore. Findings The overall results reveal that it is the proactive entrepreneurs and their previous experience that determine the early internationalization of SMEs. Further, competitive constraint was a major obstacle to enter the international market at an early age for late internationalized SMEs. Practical implications The policy initiatives should aim to develop the international orientation of the entrepreneurs in the firm as a precursor for the formulation and subsequent implementation of internationalization strategies. Originality/value Although studies have been conducted on determinants and early internationalization, these are confined to a few dimensions, and none of the studies have looked into the issues affecting the early internationalization holistically and with respect to SMEs in India.

Triggers and motivators of privacy protection behavior on Facebook

2019 ◽  
Vol 33 (1) ◽  
pp. 57-72 ◽  
Author(s):  
Linda Alkire ◽  
Johannes Pohlmann ◽  
Willy Barnett
Keyword(s):  
Social Media ◽  
Privacy Protection ◽  
Well Being ◽  
Social Recognition ◽  
Research Approach ◽  
Exploratory Research ◽  
User Privacy ◽  
Content Type ◽  
Area Of Interest ◽  
The Impact

Purpose Internet user privacy risks have been a topical subject with respect to consumers, corporations and governments. In line with the recent privacy scandals linked to social media, the aim of this study is to explore users’ privacy protection behaviors (PPB) on Facebook through the actions they take to protect their privacy, their underlying motives and the values behind these protective actions. Moreover, this study aims to address an unintended consequence of Facebook usage. Despite Facebook’s positive and uplifting goal of connecting people, consumers are forced to resort to specific behaviors to protect their privacy and well-being. Design/methodology/approach This study adopts an exploratory research approach by using a well-established qualitative technique: structured laddering interviews. In total, 20 in-depth personal interviews were conducted with the Millennials. Findings Results show that the process of privacy protection is initiated by experiences, uncertainty and literacy, rather than threats, which leads to concerns that trigger PPBs. The most common PPBs include: “Reflection,” “Avoidance,” “Intervention,” “Restriction,” “Control,” and “Restraint.” The underlying motives for the adoption of these strategies include: “Success,” “Security,” “Social Recognition,” “A World of Peace,” “Exclusivity of Self,” “Being in Control,” “Meaning” and “True Friendship”. Originality/value The present research adopts a transdisciplinary framework to help fill the gap regarding the interplay of PPBs on Facebook, the triggers of those behaviors and their underlying motives. It contributes to the service literature and practice as it provides insights into a growing area of interest, whereas more social media channels are being created and more services are using social media strategies to engage and interact with their customers. Finally, it addresses the growing need to consider the impact of technological services, including internet and social media, on consumers’ and societies’ well-being.

Research on impact evaluation of academic journals from multidimensional perspective

2019 ◽  
Vol 38 (2) ◽  
pp. 458-478
Author(s):  
Rongying Zhao ◽  
Xu Wang
Keyword(s):  
Impact Evaluation ◽  
Indicator System ◽  
Three Dimensions ◽  
Societal Impact ◽  
Strong Positive Correlation ◽  
Academic Journals ◽  
Academic Impact ◽  
Content Type ◽  
Positive Correlations ◽  
The Impact

Purpose The purpose of this paper is to introduce altmetric indicators and combine with traditional citation indicators to comprehensively evaluate the impact of academic journals from the perspective of multidimensional and multi-indicator fusion. Design/methodology/approach The authors take international multidisciplinary journals as an example, combining 14 traditional citation indicators of academic journals and introducing 14 altmetric indicators to build a comprehensive evaluation model of the impact of academic journals (academic impact and societal impact). At the same time, the authors systematically construct a journal evaluation indicator system from three dimensions. Then, the indicators data of three dimensions are evaluated by normalized processing, correlation analysis, reliability and validity analysis, PCA and factor analysis. Findings Two-dimensional and three-dimensional analyses can exactly provide some useful information for academic journals’ location in the respective coordinate systems. There are strong positive correlations among the measured indicators in the three dimensions, and each indicator has a significant consistency between whole and internal. The correlation coefficient between FD1 and FD2 is 0.888 with a strong positive correlation. It shows that the traditional citation indicators provided by WoS and Scopus database are highly consistent, and they are comparable and alternative in evaluating the academic impact of journals. The correlation coefficients of FD1, FD2 with FD3 are 0.831 and 0.798. There are strong positive correlations among them, which indicate that the evaluation of journals’ societal impact based on altmetrics indicator can be considered as a potential supplement to academic impact evaluation based on citation and to reflect the multidimensional nature of journals impact in an immediate way. Originality/value Multidimensional and multi-indicator perspective evaluation can provide references for the selection of impact evaluation indicators and model optimization of academic journals, and also provide new ideas for improving the status of the impact evaluation of academic journals.

A comparative analysis of periodicity in the Arkansas state budget process

2019 ◽  
Vol 31 (1) ◽  
pp. 66-84
Author(s):  
Kim U. Hoffman ◽  
Catherine C. Reese
Keyword(s):  
Online Survey ◽  
Executive Branch ◽  
Budget Process ◽  
Exploratory Research ◽  
State Budget ◽  
Content Type ◽  
Revenue Forecasting ◽  
Annual Budget ◽  
The Impact ◽  
Supplemental Appropriations

Purpose The purpose of this paper is to explore the impact of changes to the Arkansas budget process brought about when the people of Arkansas voted to move from a biennial to an annual budget period in 2008. The paper describes the legislative changes necessary for annual budget review and explores the impact of annual budget review on revenue forecasting, supplemental appropriations, special sessions, legislative staff workload, executive branch oversight and state spending. This research assesses legislative perceptions of annual budget review across several factors including knowledge of the state budget, ability to check the powers of the governor and overall efficacy of annual budget review. Design/methodology/approach This exploratory research uses interview data from the Legislative Fiscal Director and data from an online survey of Arkansas state legislators. The interview and survey data were supplemented by an analysis of documents produced by legislative staff regarding supplemental appropriations, special sessions and state general revenue. Findings The Legislative Fiscal Director interview indicates that the change in budget period had little impact on revenue forecasting, special sessions and state government spending, with the exception that supplemental appropriations for Big 6 agencies increased in a statistically significant way following the advent of the fiscal session. The legislative survey finds that the change in budget period is viewed positively by Arkansas legislators. Most legislators indicated that they prefer annual budget review to biennial budget review. Research limitations/implications Because of the exploratory approach, the research results may lack generalizability. Originality/value This paper surveys legislators on the efficacy of annual budget review which has seldom been done in previous research.

Building holistic brands: an exploratory study of Halal cosmetics

2015 ◽  
Vol 6 (1) ◽  
pp. 109-132 ◽  
Author(s):  
Isabelle Aoun ◽  
Laurent Tournois
Keyword(s):  
Marketing Research ◽  
Belief System ◽  
Holistic Approach ◽  
Initial Step ◽  
Exploratory Research ◽  
Content Type ◽  
Faith Based ◽  
Spiritual Dimension ◽  
Consumer Markets ◽  
The Impact

Purpose – Branding in faith-based consumer markets, in which marketing practices, religion, and consumption intersect, is largely unexplored. The purpose of this paper is to investigate how brands integrate religious concerns into their strategies through Halal branding. The central logic of authors’ view is that branding applied in a particular consumer market (i.e., Muslim) could enrich dominant (Western) branding theory. Design/methodology/approach – Although challenging, qualitative research offers a valuable lens in international marketing research in allowing researchers to study organizations and contexts in their natural settings, enabling a more holistic approach, instead of imposing one’s culturally informed pre-conceptions (Boyacigiller and Adler, 1991). In this regard, a multiple case study approach considering Halal cosmetic brands is used. A replication logic is applied in interpreting the data. Findings – Holistic branding is a broader concept than what mainstream theory acknowledges; brand attributes go beyond the functional and emotional, offering insights into a spiritual dimension. The proposed model identifies attributes that reflect the brand’s worldview and contribute to holistic branding: spiritual ethos and belief system, sustainable and eco-ethical philosophy, wholesomeness and inclusiveness. Research limitations/implications – This exploratory research represents the initial step for faith-based/Halal branding; the discussion is confined to the cases under study. The results are not conclusive and require further empirical research to validate their broader applicability. Practical implications – The study highlights the need for a comprehensive approach to branding of faith-based products. The Halal market (cosmetics and toiletries) may be attractive to companies that seek to widely develop products targeting faith-based Muslim consumer markets. Originality/value – The study contributes to an area of growing concern from an academic point of view (i.e. Halal branding) by proposing to add a spiritual dimension to holistic branding. Several questions remain and should stimulate further research. Hence, researchers would be able to understand more clearly the meaning of the religious environment and the impact that environmental forces are likely to exert on business decisions.

Potential impacts of blockchain technology on business practices of bricks and mortar (B&M) grocery stores

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Mohammed T. Nuseir
Keyword(s):  
Service Providers ◽  
Resistance To Change ◽  
The United States ◽  
Grocery Stores ◽  
Business Practices ◽  
Exploratory Research ◽  
Content Type ◽  
Functional Perspective ◽  
Blockchain Technology ◽  
The Impact

PurposeThis paper investigates the impact of blockchain technology on the Bricks and Mortar (B&M) grocery sector from a technological and functional perspective.Design/methodology/approachThe research adopted an exploratory research design and the data comprises 17 semi-structured interviews with personnel at the top grocery retail chains in the United States, for example, Wal-Mart, Tesco, Stop and Shop and Meijer. Additionally, two major US-based blockchain service providers are included – SumatoSoft and Accubits.FindingsBlockchain technology affects the business processes of B&M grocery retail by offering payment via tokens, secure payments and contracts between stakeholders, an end-to-end solution in the supply chain and secure management of the stock. However, this process is hampered by a number of challenges such as integrity and security concerns, difficulty in adapting sound logistics, lack of adequate skills and resistance to change by store managers and employees. This can be addressed by imparting education/training and creating awareness about the benefits of blockchain and generating industry-wide collaboration in which regulations can work.Practical implicationsThe research has benefits for B&M grocery stores, governments and the wider society. For example, the findings of this study will help B&M grocery retailers to confront the competition by online retailers such as Amazon, AliExpress or eBay and promote the development of a systematic collaboration to achieve the changes they need.Originality/valueThe study is original and innovative in that no research to date has focused on how blockchain can help the B&M grocery sector and address its challenges.

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