scholarly journals Investigating the significance of risks in BOT transportation projects in Vietnam

2020 ◽  
Vol 27 (6) ◽  
pp. 1401-1425
Author(s):  
Phuong Thi Le ◽  
Nicholas Chileshe ◽  
Konstantinos Kirytopoulos ◽  
Raufdeen Rameezdeen
Keyword(s):  
Risk Management ◽  
Private Sector ◽  
Cash Flow ◽  
Public And Private ◽  
Content Type ◽  
The Public ◽  
Probability Of Occurrence ◽  
Transportation Projects ◽  
Public And Private Sector ◽  
The Impact

PurposeThe Built Operate Transfer (BOT) model has been increasingly used in transportation investments in Vietnam. However, there is still an inadequacy of risk management applications in these projects and lack of research in this area. The study aims to improve the success of projects implemented through the BOT model in Vietnam.Design/methodology/approachThe study followed a sequential design including interviews and a questionnaire survey to investigate the perception of stakeholders from public and private sector regarding the probability of occurrence and the severity of impact of risks in BOT transportation projects in Vietnam. Quantitative data from the survey was subjected to descriptive and inferential statistics to explore the priority of risks as well as the differences in the perception between the public and private sectors.FindingsThe results showed that the top five most significant risks in BOT transportation projects in Vietnam are: (1) problems with land acquisition and compensation, (2) inappropriate location of toll booths, (3) public resistance to pay, (4) high toll rate and (5) lack of cash flow. With the exception of “lack of cash flow,” there were no statistically significant differences in the rankings of individual risks between the public and private sector. In addition, there is a significant positive correlation in the overall rankings of all risks for both sectors.Originality/valueThis study contributes to the body of knowledge by exploring the probability of occurrence and the severity of the impact of risks in BOT transportation projects in a developing country like Vietnam which has not been extensively explored yet. Second, it provides an insight into the perception of stakeholders from the public and private sector regarding the level of risks which is very useful for potential stakeholders in making decisions when they intend to participate in such partnerships. Third, it enables the Vietnamese government to establish suitable policies related to such projects. These contributions are very important in improving risk management in PPPs in developing countries.

Relationship between CSR motivations and corporate social performance: a study in the power industry in India

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Moumita Acharyya ◽  
Tanuja Agarwala
Keyword(s):  
Public Sector ◽  
Private Sector ◽  
Corporate Social Performance ◽  
Social Performance ◽  
Power Sector ◽  
Public And Private ◽  
Content Type ◽  
The Public ◽  
Self Interest ◽  
Public And Private Sector

PurposeThe paper aims to understand the different motivations / reasons for engaging in CSR initiatives by the organizations. In addition, the study also examines the relationship between CSR motivations and corporate social performance (CSP).Design/methodology/approachThe data were collected from two power sector organizations: one was a private sector firm and the other was a public sector firm. A comparative analysis of the variables with respect to private and public sector organizations was conducted. A questionnaire survey was administered among 370 employees working in the power sector, with 199 executives from public sector and 171 from private sector.Findings“Philanthropic” motivation emerged as the most dominant CSR motivation among both the public and private sector firms. The private sector firm was found to be significantly higher with respect to “philanthropic”, “enlightened self-interest” and “normative” CSR motivations when compared with the public sector firms. Findings suggest that public and private sector firms differed significantly on four CSR motivations, namely, “philanthropic”, “enlightened self-interest”, “normative” and “coercive”. The CSP score was significantly different among the two power sector firms of public and private sectors. The private sector firm had a higher CSP level than the public sector undertaking.Research limitations/implicationsFurther studies in the domain need to address differences in CSR motivations and CSP across other sectors to understand the role of industry characteristics in influencing social development targets of organizations. Research also needs to focus on demonstrating the relationship between CSP and financial performance of the firms. Further, the HR outcomes of CSR initiatives and measurement of CSP indicators, such as attracting and retaining talent, employee commitment and organizational climate factors, need to be assessed.Originality/valueThe social issues are now directly linked with the business model to ensure consistency and community development. The results reveal a need for “enlightened self-interest” which is the second dominant CSR motivation among the organizations. The study makes a novel contribution by determining that competitive and coercive motivations are not functional as part of organizational CSR strategy. CSR can never be forced as the very idea is to do social good. Eventually, the CSR approach demands a commitment from within. The organizations need to emphasize more voluntary engagement of employees and go beyond statutory requirements for realizing the true CSR benefits.

Research from China finds no significant difference in impact of public service motivation (PSM) in public and private sectors

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Keyword(s):  
Public Sector ◽  
Private Sector ◽  
Employee Performance ◽  
Intention To Leave ◽  
Public And Private ◽  
Content Type ◽  
The Public ◽  
Significant Difference ◽  
Set Up ◽  
The Impact

Purpose The authors assumed PSM would be higher in the public sector, but they set up a trial to find out if this was the case. Design/methodology/approach To test their theories, the authors conducted two independent surveys. The first consisted of 220 usable responses from public sector employees in Changsha, China. The second survey involved 260 usable responses from private sector employees taking an MBA course at a university in the Changsha district. A questionnaire was used to assess attitudes. Findings The results found no significant difference between the impact of public sector motivation (PSM) on employee performance across the public and private sectors. The data showed that PSM had a significant impact on self-reported employee performance, but the relationship did not differ much between sectors. Meanwhile, it was in the private sector that PSM had the greatest impact on intention to leave. Originality/value The authors said the research project was one of the first to test if the concept of PSM operated in the same way across sectors. It also contributed, they said, to the ongoing debate about PSM in China.

Underlying values and competencies of public and private sector managers

2016 ◽  
Vol 5 (4) ◽  
pp. 371-387 ◽  
Author(s):  
Sean D. Darling ◽  
J. Barton Cunningham
Keyword(s):  
Decision Making ◽  
Public Sector ◽  
Private Sector ◽  
Critical Incident ◽  
Visionary Leadership ◽  
Political Environment ◽  
Public And Private ◽  
Content Type ◽  
The Public ◽  
Public And Private Sector

Purpose The purpose of this paper is to identify unique values and competencies linked to private and public sector environments. Design/methodology/approach This study is based on critical incident interviews with a sample of senior leaders who had experience in both the public and private sectors. Findings The findings illustrate distinct public and private sector relevant competencies that reflect the unique values of their organizations and the character of the organization’s environments. This paper suggests a range of distinct public sector competencies including: managing competing interests, managing the political environment, communicating in a political environment, interpersonal motivational skills, adding value for clients, and impact assessment in decision-making. These were very different than those identified as critical for the private sector environment: business acumen, visionary leadership, marketing communication, market acumen, interpersonal communication, client service, and timely and opportunistic decision-making. Private sector competencies reflect private sector environments where goals need to be specifically defined and implemented in a timely manner related to making a profit and surviving in a competitive environment. Public sector competencies are driven by environments exhibiting more complex and unresolvable problems and the need to respond to conflicting publics and serving the public good while surviving in a political environment. Originality/value A key message of this study is that competency frameworks need to be connected to the organization’s unique environments and the values that managers are seeking to achieve. This is particularly important for public organizations that have more complex and changing environments.

scholarly journals The Impact of Privatization of IDBI Bank in Indian Economy

2020 ◽  
Vol 3 (12) ◽  
pp. 59-63
Author(s):  
Vishal Kumar ◽  
Soumak Ganguly ◽  
Payal Ghosh ◽  
Manisha Pal
Keyword(s):  
Private Sector ◽  
Banking Sector ◽  
Financial Statement ◽  
Government Control ◽  
Public And Private ◽  
The Public ◽  
The Government ◽  
Public And Private Sector ◽  
The Impact ◽  
Share Value

Privatization refers to the public shares and Assets which are sold to the private sector in the economy. It decreases the power of government control and creates the other policies method. Privatization leads to cutting short the capital and revenue expenditure, which leads to an increase in share value in the market. During the pre-privatization period, the government used to pay less amounts of dividends to its shareholders due to its complex cost structure. Privatization leads to cutting short the capital and revenue expenditure, which leads to an increase in share value in the market. It also gave information about Public and Private sector banks. Our objective is to compare the pre and post-privatization performance like other banks of developing countries shows that privatization resulted in significant gains in profitability and efficiency. To evaluate the impact of privatization in the Indian banking sector and the relationship between privatization and Indian Economic growth by using a case study of IDBI bank condition of Indian private sector banks is analyzed using the financial statement of IDBI Bank with the help of different research methodologies.

The involvement of the public and private sector - elements with influence on travel & tourism demand during the crisis period

2011 ◽  
Vol 17 (2) ◽  
pp. 217-230
Author(s):  
Alina Elena Balalia (Iosif) ◽  
Raluca Mariana Petrescu
Keyword(s):  
Private Sector ◽  
Economic Crisis ◽  
Capital Investment ◽  
Positive Influence ◽  
Econometric Analysis ◽  
The European Union ◽  
Public And Private ◽  
The Public ◽  
Public And Private Sector ◽  
The Impact

In the context of the economic crisis, the consumers´ behavior registered changes, so tourists have become highly price sensitive and tending to economize on the duration of their holidays. Starting with the changes generated by the economic crisis, the need to achieve a new economic level is felt both in the public sector through the development and consolidation of new public policies and also in the private sector through the involvement into solid plans, with adapted initiatives. The purpose of this paper is to capture the impact of the public and private sectors involvement on the Travel& Tourism (T& T) demand during the current economic crisis, the period 2008-2010. As design, the content is divided into three main parts, as follows: the perspectives of public and private sector on T& T industry, the impact of the economic crisis on T& T, and the econometric analysis which is concentrated on the connection between the T& T demand and some potential variables with impact on it. The methodology refers mainly to the econometric analysis, constructed in concordance with the findings of the paper. In order to test the link between the variables, the author uses the macroeconomic approach, by including into analysis the European Union member countries. Regarding originality, the paper reveals the positive influence, as real growth, of the T& T Direct Industry in GDP and the capital investment in T& T on the T& T demand.

Awareness of intellectual capital among bank executives in India: a survey

2018 ◽  
Vol 26 (2) ◽  
pp. 291-310
Author(s):  
Mahesh Joshi ◽  
Monika Kansal ◽  
Sharad Sharma
Keyword(s):  
Private Sector ◽  
Intellectual Capital ◽  
Banking Industry ◽  
Service Industries ◽  
Public And Private ◽  
Content Type ◽  
The Public ◽  
External Capital ◽  
Bank Executives ◽  
Public And Private Sector

Purpose This paper aims to explore the awareness of terminology related to intellectual capital (IC) among executives of Indian banks and the sources in which they mostly find IC-related terminology. The paper also explores relative and specific contributions of each selected source of information in creating IC awareness among bank executives in India and determines difference among the executives from the public and private sector. Design/methodology/approach This research paper follows a survey-based approach to capture the perceptions of Indian bank managers working middle and top management across different banks. Regression analysis and ANOVA were applied to data from 166 responses. Findings The study finds that IC awareness among Indian banking executives is reasonably high and is equally spread across the three sub-categories of capital (external capital, human capital and internal capital), though the relative awareness of external capital is on the higher side. However, the sources of awareness of IC terminology differ among executives from the public- and private-sector banks. Research limitations/implications The sample was limited to middle and top managers in the Indian banking industry and suffers from the usual limitations of survey-based research such as the design of the survey instrument and the personal biases of the respondents. Some limitations may also have arisen because of the definitions of IC elements adopted by this study. Originality/value This research adds a new dimension to the IC research by exploring the practical application and awareness of IC that deviates from traditional annual report-based disclosure and valuation studies. No existing literature has examined the survey-based awareness study, particularly on the banking industry. This paper provides a foundation for future studies that examine the operational awareness and application of IC in the service industries.

Job prospects for Mzuzu university library and information science graduates

2014 ◽  
Vol 115 (11/12) ◽  
pp. 571-587 ◽  
Author(s):  
Aubrey Harvey Chaputula
Keyword(s):  
Private Sector ◽  
Information Science ◽  
Professional Associations ◽  
Study Groups ◽  
Policy Formulation ◽  
Library And Information Science ◽  
Public And Private ◽  
Content Type ◽  
The Public ◽  
Public And Private Sector

Purpose – The purpose of this paper is to report on the findings of a study that was conducted to find out the employment prospects of Mzuzu University (Mzuni) library and information science (LIS) graduates. Design/methodology/approach – The study made use of a survey designehil it was mainly quantitative in nature. A census of all LIS graduates from 2006 to 2013 was taken. The study also purposely sampled some major employers of LIS graduates. Self completion questionnaires were administered to both study groups by the researcher personally, and also through emails. Data were collected between September and October 2013, and SPSS was used to analyse the data. Findings from the two questionnaires were discussed in relation to prevailing literature in the field. Findings – The study established that there are few job opportunities for LIS graduates in the library sector. This came about because libraries have not taken deliberate steps to recruit LIS graduates while opportunities in the private sector were limited. Consequently, some LIS graduates were unemployed, while the majority had taken up alternative jobs. Nevertheless, LIS graduates had the requisite skills and attributes required for the job. Absence of a career structure for LIS professionals in the public sector, failure to recognise role of librarians and LIS qualifications and lack of training opportunities were some of the challenges which LIS graduates faced. Research limitations/implications – The study covers all LIS graduates who graduated from Mzuni between 2006 and 2013. However, lack of updated contact information means that the researcher had challenges to reach out to most of the graduates save for those working in the major libraries. Furthermore, a good number of the graduates did not respond to the questionnaire sent, particularly those who graduated from the generic programme. This led to a lower than anticipated response rate. This implies that some of the study findings may have some bias towards the LIS graduates in the mature group. Practical implications – The research findings have a big bearing on policy formulation and decision making in government, the public and private sector players, professional associations and LIS training institutions. Originality/value – No formal studies have been done to determine the employment prospects for Mzuni LIS graduates ever since the diploma and degree programmes were launched. This research is, therefore, the first of its kind, and could help shape the future of the programmes in terms of curriculum content and methods of delivery. Recommendations made could also help the Malawi Library Association, the Mzuni’s Department of Library and Information Science, and relevant government ministries and departments to come up with appropriate interventions to the challenges being faced.

scholarly journals Hedonic indexes for public and private housing in Costa Rica

2017 ◽  
Vol 10 (1) ◽  
pp. 140-155
Author(s):  
Porfirio Guevara ◽  
Robert Hill ◽  
Michael Scholz
Keyword(s):  
Costa Rica ◽  
Public Sector ◽  
Private Sector ◽  
Public Housing ◽  
Public And Private ◽  
Content Type ◽  
The Public ◽  
Private Housing ◽  
Public And Private Sector

Purpose This study aims to show how hedonic methods can be used to compare the performance of the public and private sector housing markets in Costa Rica. Design/methodology/approach Hedonic price indexes are computed using the adjacent-period method. Average housing quality is measured by comparing hedonic and median price indexes. The relative performance of the public and private sector residential construction is compared by estimating separate hedonic models for each sector. A private sector price is then imputed for each house built in the public sector, and a public sector price is imputed for each house built in the private sector. Findings The real quality-adjusted price of private housing rose by 12 per cent between 2000 and 2013, whereas the price of private housing rose by 9 per cent. The average quality of private housing rose by 45 per cent, whereas that of public housing fell by 18 per cent. Nevertheless, the hedonic imputation analysis reveals that public housing could not be produced more cheaply in the private sector. Social implications The quality of public housing has declined over time. The hedonic analysis shows that the decline is not because of a lack of competition between construction firms in the public sector. An alternative demand side explanation is provided. Originality/value This study applies hedonic methods in novel ways to compare the relative performance of the public and private housing sectors in Costa Rica. The results shed new light on the effectiveness of public sector housing programs.

Banks and their technology investment decision are aligned or not – an experience of Indian banks

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Neha Chhabra Roy
Keyword(s):  
Private Sector ◽  
Panel Data Analysis ◽  
Mixed Effect ◽  
Public And Private ◽  
Content Type ◽  
Awareness Campaigns ◽  
Indian Banks ◽  
Public And Private Sector ◽  
The Impact ◽  
Panel Vector Autoregression

Purpose The purpose of this study is to measure the impact of technology spend on bank profitability focusing on Indian public and private sector commercial banks. The study also assesses the longevity duration of impact for both public and private sector banks. The trade-off is created between the bank’s profitability and technology spent across four identified columns: increase product sales, reduce cost, enhance employee efficiency and optimally use existing resources. Design/methodology/approach The metrics of four columns converted to measurable 11 financial alarming indicators and impact is again checked on profitability indicator ROE. The data used for empirical analysis for the study are between the year 2003 and 2019, across 12 public and 15 private banks. The interface between technology spend and profitability is measured using panel vector autoregression (VAR) and panel vector error correction model (VECM) and further the link between 11 financial indicators and profitability measures is established using panel data analysis. Findings The study found that there is a mixed effect of technology spent on profitability and performance of Indian banks, where public sector banks were found to be more unstructured over private sector banks. The study advises the optimal technology spend strategies to gain enhanced productivity for banking business which are to name a few – planned technology reserves, customer awareness campaigns for products, robust employee-customer motivation policy and customized technologies aligned to existing infrastructure. Originality/value The data was original and extracted from the Reserve bank of India website and respective banks’ annual reports.

scholarly journals Institutional context and human resource management in Nigeria

2020 ◽  
Vol 42 (1) ◽  
pp. 1-16
Author(s):  
Darius Ikyanyon ◽  
Phil Johnson ◽  
Jeremy Dawson
Keyword(s):  
Resource Management ◽  
Private Sector ◽  
Human Resource Management ◽  
Human Resource ◽  
Institutional Context ◽  
Public And Private ◽  
Content Type ◽  
The Public ◽  
Private Sector Organizations ◽  
Public And Private Sector

Purpose The purpose of this paper is to explore how the institutional context influences human resource management (HRM) policies in the public and private sector in Nigeria. Design/methodology/approach The convergent parallel mixed methods approach was adopted for this study. Survey data were collected from 122 HR managers across public and private sector organizations in Nigeria as well as 13 qualitative interviews. ANCOVA was used to analyse quantitative data while thematic analysis was used to analyse qualitative data in order to understand the influence of institutions on HRM in the public and private sector in Nigeria. Findings Findings indicate that while coercive, mimetic and normative institutional mechanisms influenced HRM in both the public and private sector, the influence of coercive mechanisms was significantly higher in the public sector, largely due to the poor enforcement of labour legislation and attempts by private sector organizations to adopt neo-liberal approaches to HRM. Originality/value The study provides an understanding of the institutional context of HRM in Nigeria by highlighting how varying degrees of pressures from the environment create internal diversity in HRM approaches in the public and private sector.

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