The challenges of access to local finance for PPP infrastructure project delivery in Nigeria

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Muhammed Temitayo Bolomope ◽  
Kwasi Gyau Baffour Awuah ◽  
Abdul-Rasheed Amidu ◽  
Olga Filippova
Keyword(s):  
Developing Countries ◽  
Public Perception ◽  
Developing Economies ◽  
Relevant Literature ◽  
Project Delivery ◽  
Infrastructure Projects ◽  
Access To Finance ◽  
Content Type ◽  
Local Finance ◽  
Infrastructure Project

Purpose This study explores the challenges of access to finance from local financial institutions (LFIs), i.e. local banks, for public–private partnership (PPP) infrastructure project delivery in Nigeria. The aim is to provide useful insights that could inform policy solutions to ease the local funding of PPP infrastructure projects in Nigeria and, by extension, other developing economies. Design/methodology/approach Adopting a qualitative research methodology, the study engaged PPP stakeholders involved in securing funds for PPP infrastructure projects in Nigeria. A total of 15 PPP stakeholders, drawn from the public and private sectors, were purposively selected and their views on the research problem obtained through recorded telephone interviews. The opinions of the research participants were subsequently analyzed and the results discussed with the outcome of the examination of relevant literature. Findings The study found that the significant factors affecting access to local finance for PPP infrastructure projects in Nigeria include low capital base by LFIs, weak project viability, lack of capacity to manage PPP-related activities, inconsistent government policy, poor legal framework and public perception of PPP. Research limitations/implications Insights from this study are useful for PPP stakeholders in mitigating the barriers that influence access to local finance for PPP infrastructure projects in Nigeria and other developing economies. This study is also useful in enhancing the current policy structure in developing countries as a way of revamping the existing infrastructure framework through LFIs. Originality/value This study provides clarity on the peculiar challenges impeding access to finance from LFIs for PPP infrastructure projects in Nigeria and will be useful for debt providers and policymakers in evaluating the bankability of PPP infrastructure projects in Nigeria and other developing countries.

Managerial role in organizational CSR: empirical lessons from Ghana

2014 ◽  
Vol 14 (1) ◽  
pp. 104-119 ◽  
Author(s):  
James Baba Abugre
Keyword(s):  
Developing Countries ◽  
Developing Economies ◽  
Empirical Literature ◽  
Work Behaviors ◽  
Content Type ◽  
Managerial Role ◽  
Universal Approach ◽  
Corporate Social ◽  
Industry Sectors ◽  
Practical Implications

Purpose – The purpose of this paper is to examine the managerial role in the practices of corporate social responsibility (CSR) in developing economies. Design/methodology/approach – The paper takes the form of an empirical analysis of employees' opinions based on a quantitative survey of 100 middle and senior level managers from four organisations chosen from relatively high impact industry sectors. Findings – Managerial role in the practice of CSR is limited and ineffective in Ghana. Difficulties of effective CSR implementation mainly stem from leadership weak spots in the form of mismanagement and corruption, lack of leadership commitment and unwillingness to allocate monies due for CSR activities. Organisations can do better in the practice of CSR if management's attitude to CSR, corruption, and work behaviors are positive. Practical implications – The paper provides valuable information on managerial activities with regards to organisational CSR, and how these can be improved. Originality/value – Empirical literature on CSR in developing countries is limited. This paper identifies the roles that management and organisational leadership can play in the practice of CSR in developing countries. The paper proposes a universal approach which aims to address the need for adequate and effective enforcement of CSR.

Risk analysis of belt and road infrastructure projects using integrated ISM-MICMAC approach

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Mohammad Ajmal Nikjow ◽  
Li Liang ◽  
Qi Xijing ◽  
Harshad Sonar
Keyword(s):  
Risk Mitigation ◽  
Mitigation Strategies ◽  
Strategic Decision ◽  
Chinese Government ◽  
Infrastructure Projects ◽  
Interpretive Structural Modeling ◽  
Content Type ◽  
Hierarchical Relationship ◽  
Belt And Road ◽  
Infrastructure Project

Purpose The historic Belt and Road Initiative (BRI) is an economic reform policy proposed by the Chinese Government that focuses on connectivity, improved collaboration and more robust economic relations. This paper aims to identify risks involved in BRI infrastructure project and establish a hierarchical relationship among them. Design/methodology/approach The methodology includes two phases, namely, identification of significant risks involved in the BRI project using systematic literature review and to develop a hierarchical relationship between the risks using interpretive structural modeling followed by the MICMAC analysis. Findings This work has identified the 11 risks of BRI infrastructure projects through academic literature. Based on the analysis, economic risk (R3), environmental risk (R1) and political risk (R2) are placed at level six in the ISM model and can significantly influence BRI infrastructure projects. These risks have high driving power, which exaggerates other risks. Research limitations/implications This study would help Engineering Procurements and Construction contractors in strategic decision-making select risk mitigation strategies and make robust and efficient infrastructure projects. However, additional factors may be considered, which are essential for the BRI infrastructure project. Originality/value This research’s novelty lies in the advancement of expertise in project risk assessment. This study contributes by identifying the most significant risks involved in the BRI project. The integrated ISM-MICMAC approach provides a macro picture of BRI project risks to formulate better strategies for its success.

Systems approach to cloud computing adoption in an emerging economy

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Mahak Sharma ◽  
Ruchita Gupta ◽  
Padmanav Acharya ◽  
Karuna Jain
Keyword(s):  
Cloud Computing ◽  
Developing Countries ◽  
Systems Approach ◽  
Service Providers ◽  
Developing Economies ◽  
Resistance To Change ◽  
Cloud Services ◽  
Financial Loss ◽  
Content Type ◽  
Cloud Computing Adoption

PurposeCloud computing (CC) services have given a tremendous boost to the creation of efficient and effective solutions. With developing countries at a slow pace of adoption, this research aims to identify factors and their interrelationships influencing the adoption of CC in a developing country context. The developing countries are enjoying numerous benefits from CC services; however, its low adoption is still a question in developing economies; hence, the authors have selected the context of information and communication technology (ICT) firms in India.Design/methodology/approachThe qualitative research method is used where experts from thirteen ICT firms in India are interviewed.FindingsSixteen factors, twenty-eight subfactors, and 25 interrelationships are revealed through content analysis. Further, causal loop diagrams are proposed to display the behavior of cause and effect of these factors from a system's perspective. This will help to understand the relationships among the factors in order to enhance the speed of CC adoption. Possible financial loss and resistance to change are found as the key barriers to adoption. The proposed interrelationships can guide both policymakers and service providers for designing effective CC policies.Originality/valueThis is the first scholarly work that identifies interrelationships among factors and subfactors, thereby providing a holistic picture to decision-makers while making a choice on whether to adopt cloud services or continue with on premise data centers and servers.

Microscoping the challenges of sustainable construction in developing countries

2019 ◽  
Vol 17 (6) ◽  
pp. 1110-1128 ◽  
Author(s):  
Douglas Omoregie Aghimien ◽  
Clinton Ohis Aigbavboa ◽  
Wellington Didibhuku Thwala
Keyword(s):  
Developing Countries ◽  
Resistance To Change ◽  
Project Managers ◽  
Sustainable Construction ◽  
Project Delivery ◽  
Surface Finishing ◽  
Content Type ◽  
Masonry Construction ◽  
Inadequate Knowledge ◽  
Survey Approach

Purpose This paper aims to present the result of an assessment of the challenges of sustainable construction (SC) in two developing countries (Nigeria and South Africa). This was done with a view to improving sustainable project delivery, which is a problem among most developing countries. Design/methodology/approach The study adopted a quantitative survey approach with questionnaire used as the instrument for data collection from quantity surveyors, construction and project managers from both countries. Data analysis was done using a four-step analysis approach and relevant descriptive and inferential statistics were adopted. Findings The study revealed a considerable level of awareness of SC and involvement in the use of the same among the assessed professionals. Also, it was discovered that SC materials are mostly used in the aspect of surface finishing and masonry construction. Further findings revealed that resistance to change, client’s preference, fear of the increased cost of investment and inadequate knowledge and understanding of the concept of sustainability are some of the major challenges of SC in these countries. Originality/value The strength of this study lies in the assessment of happenings from two developing countries and its recommendation can to a large extent promote improved SC in developing countries particularly in Africa were construction activities are similar.

Knowledge management practices and systems in county governments in developing countries

2019 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Joshua Rumo Arongo Ndiege ◽  
Patrick Kanyi Wamuyu
Keyword(s):  
Developing Countries ◽  
Knowledge Management ◽  
Management Practices ◽  
Relevant Literature ◽  
Critical Role ◽  
Structured Interviews ◽  
Economic Resource ◽  
County Governments ◽  
Content Type ◽  
Knowledge Management Practices

Purpose While several studies have indicated the critical role played by the ability of countries to exploit knowledge as an economic resource, it would appear that there have been very few studies conducted on understanding the practices adopted by governments in relation to exploring knowledge, particularly in Africa. The purpose of this study is to investigate the prevailing knowledge management practices and technological solutions used by governments to support knowledge management. Design/methodology/approach To address the research objective of this study, semi-structured interviews and document analysis were used. The interviews were conducted with both senior and junior county officials from five counties in Kenya, with a total of 31 county officials participating. Further, various county documents were analysed both to seek convergence and corroborate the interview findings. Findings The study findings revealed that no systematic knowledge management practices existed in the county governments in Kenya, which were investigated. On the few occasions that the study did find evidence of knowledge management practices, these practices were isolated, informal, uncoordinated and rarely documented and/or communicated. Furthermore, the study found that there were inadequate policy frameworks in place to support knowledge management practices. The study also revealed a scarcity of relevant technological solutions tailored to support knowledge management practices. Research limitations/implications It was, thus, hoped that this research would promote an understanding of the prevailing local circumstances that hinder the effective utilisation of knowledge management practices and systems. The study recommends that county governments develop the capabilities required for creating and sustaining an enabling knowledge management environment through frameworks and policies that foster knowledge management practices and systems. The findings have practical implications for the way in which county governments in Kenya and other developing countries may improve their knowledge management practices and adopt appropriate technological solutions to support such practices. Originality/value Much of the existing literature on knowledge management is focussed on exploring such practices in large businesses. Studies centred specifically on the analysis of knowledge management practices in county governments in Africa, and how technological solutions may be used to build such practices are conspicuously lacking in the relevant literature.

Obstacles and challenges in applying stakeholder analysis to infrastructure projects

2019 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Anna Wojewnik-Filipkowska ◽  
Anna Dziadkiewicz ◽  
Wioleta Dryl ◽  
Tomasz Dryl ◽  
Robert Bęben
Keyword(s):  
Life Cycle ◽  
Public Involvement ◽  
Stakeholder Analysis ◽  
Future Research ◽  
Infrastructure Projects ◽  
Cross Sectional ◽  
Content Type ◽  
Infrastructure Project ◽  
The Creation

Purpose Public involvement is essential in the creation of effective local strategies for the development of a sustainable built environment, yet there has been little research on stakeholder motivation and engagement in the creation of infrastructure-project value, in the entire life cycle of a given project, while different markets show that overlooking stakeholders can negatively affect the success of an infrastructure project. The purpose of this paper is to fill the theory-practice gap that has been discerned, and thus study how early public involvement determines the success of an infrastructure project, which is identified with its value creation (effectiveness, sustainability and utility). Design/methodology/approach This research entails a combination of methods. A case study analysis allowed observation of the role the stakeholders play and of how the relationships, perspectives, expectations and risks, along with other soft issues, continue to affect projects. The case study required comprehensive examination of project documentation and conduction of interviews. To collect data, focused group interviews and semi-structured interviews were used, supported with direct questionnaire surveys. Findings The study provides evidence that early public engagement can contribute to infrastructure-project value (effectiveness, sustainability and utility). Practically speaking, the stakeholder analysis performed allowed proposal of a general stakeholder analysis framework for infrastructure projects. It can be implemented at each investment phase of the project life cycle, since stakeholders and their motivation may develop and/or change over time, which necessitates development of proper managerial strategies. The findings highlight the opportunities and the challenges faced by stakeholder management. Research limitations/implications The limitation of this study derives from the fact that the sample size was small, which was necessary for an in-depth qualitative research and application of the case study method. The observations were made on a selected case study, within a limited period of time, thus the context of the analysis as well as the stakeholder perception was subject to possible change. The research limitations concern the provisional nature of the information obtained, the cross-sectional nature of the analysis itself, and, finally, the inability to predict all future events. Ultimately, stakeholder mapping was performed for the operational phase of the investment exclusively, while the analysis was limited to identification and classification of the stakeholders, including their relationship with the project. Practical implications The research conclusions provide useful input for future research on development of effective strategies for management of the shareholders that are related to a given infrastructure project, in order to achieve project success. Simultaneously, from a property perspective, the research has contributed to a better understanding of the importance of infrastructure, on the part of real estate stakeholders. Social implications Application of the approach proposed in the study may contribute to early development and implementation of appropriate trust-building processes. The building of relationships between stakeholders enables checks and balances, promotes short- and long-term project benefits, and increases the value of a project. Originality/value The novelty of the research consists in the connection, as part of infrastructure projects, of the theory of consumption values and the concept of an investment cycle with the framework of stakeholder analysis.

Prioritizing the vaccine supply chain issues of developing countries using an integrated ISM-fuzzy ANP framework

2019 ◽  
Vol 15 (1) ◽  
pp. 112-165 ◽  
Author(s):  
Dheeraj Chandra ◽  
Dinesh Kumar
Keyword(s):  
Developing Countries ◽  
Supply Chain ◽  
Relevant Literature ◽  
Analytic Network Process ◽  
Decision Makers ◽  
Interpretive Structural Modeling ◽  
Content Type ◽  
Vaccination Programs ◽  
Network Process ◽  
Key Issues

Purpose Delivering vaccines to the children who need them requires a supply chain that is efficient and effective. In most of the developing countries, however, the unknown and unresolved supply chain issues are causing inefficiencies in distributing vaccines. There is, therefore, a great need in such countries to recognize the issues that cause delays in vaccine delivery. With this purpose, the present study aims to identify and analyze the key issues in the supply chain of basic vaccines required to immunize children in developing countries. Design/methodology/approach Based on a field survey of three states of India, in-depth review of relevant literature and experts’ opinions, 25 key issues were recognized as factors of the vaccine supply chain (VSC) and categorized into five main domains. Using integrated interpretive structural modeling and fuzzy analytic network process approaches, the issues have been prioritized to determine their relative importance in the VSC. In addition, a sensitivity analysis has been performed to investigate the priority stability of the issues. Findings The results of the analysis show that among the five domains of VSC issues, the economic domain with a weight of 0.4262 is the most important domain, followed by the management (0.2672), operational (0.2222), environmental (0.0532) and social (0.0312). Research limitations/implications This study focuses on the prioritization of VSC issues; therefore, the results of the present study can provide direction to the decision-makers of immunization programs of developing countries in driving their efforts and resources on eliminating the most important obstacles to design successful vaccination programs. Originality/value To the authors’ knowledge, this paper is first to provide a direction to the decision-makers in identifying and managing important issues through the use of an analytical approach.

Impediments affecting the curbing of illicit financial flows of organised crime in developing economies

2019 ◽  
Vol 26 (1) ◽  
pp. 5-21 ◽  
Author(s):  
Emmanuel Sotande
Keyword(s):  
Developing Countries ◽  
Developing Economies ◽  
Task Force ◽  
Organised Crime ◽  
Policy Implications ◽  
Periodic Review ◽  
Financial Flows ◽  
Content Type ◽  
Serious Crime ◽  
Illicit Financial Flows

Purpose The purpose of this paper is to examine the treats hindering war against illicit financial flows of organised crime in developing economies and Nigeria in particular. The examination shows that the impediments facing the fight against money laundering and organised crime financial flows vary from one country to another. It may be lesser in developed economies where most instruments, treaties and best practice recommendations to curb serious crime originated from. However, the impediments against the proceeds of organised crime in developing economies are overwhelming. Design/methodology/approach The research methodology adopted was qualitative analysis. This was applied through the use and analysis of documents and expert interviews. Findings The impediments jeopardising the success against organised crime and other related serious crime financial flows in developing economies are devastating. Consequently, the study offered some policy implications to help mitigate these impediments in developing countries. The dynamics and the phenomena of organised crime business model are operated with ingenious strategies within the global states. Therefore, staying in control of the menace and the threats originated from the organised criminal activities would require periodic review of the global initiatives, standards and strategies deployed by the standard setters to combat organised crime and its financial flows in developing and evolving economies. Additionally, the implementing countries should be carried along and allow to make inputs when such initiatives and standards are being developed. Social implications In Nigeria, there is a clear evidence of “collateral damage” in terms of social justice as result of financial exclusion of many bankable adults of the country that do not possess unique identities for account opening documentation and customer due diligence of the Financial Action Task Force recommendation 10. Originality/value There have been quite a number of studies on organised crime and still fewer have recognised the need to explore the success or failure of combating the proceeds of crime in developing economies. This study provides answer to these gaps by screening associated risks of fighting the proceeds of organised crime in developing countries and Nigeria in particular.

Barriers constraining management innovation (MI) adoption in the Ghanaian construction consulting sector

2015 ◽  
Vol 13 (4) ◽  
pp. 612-631 ◽  
Author(s):  
D. Owusu-Manu ◽  
R. Quaigrain ◽  
D.J. Edwards
Keyword(s):  
Developing Countries ◽  
Free Market ◽  
Relevant Literature ◽  
Research Work ◽  
Practical Interest ◽  
Idea Generation ◽  
Principal Component Factor Analysis ◽  
Management Innovation ◽  
Snowball Sampling ◽  
Content Type

Purpose – The purpose of this paper is to critically examine and report upon the barriers that constrain MI within the Ghanaian construction consulting sector. Globalization and the shift towards knowledge-based economies have encouraged organizations to adopt management innovation (MI) as a means of increasing market share and creating competitive leverage. Organizations within developing countries, such as Ghana, have followed this global trend, but barriers continue to affect MI adoption. Design/methodology/approach – The research is positioned within a mixed methods “deductive” methodological tradition and is undertaken via a three-stage iterative approach. First, the research synthesizes relevant literature to identify 14 potential barriers to MI adoption. Second, using convenient and snowball sampling techniques, structured survey questionnaires were distributed to 70 consulting firms within the Kumasi metropolis; a high 78.5 per cent response rate was returned. Third, data were analyzed using descriptive statistics and principal component (factor) analysis to determine underlying barriers that restrict MI adoption. Findings – The barriers to MI adoption are contained within four inextricably linked factor groups: organizational structural influences, flow of information, institutional constraints and costs of innovations. The findings demonstrate that innovation thrives in an organizational environment that nurtures creativity, staff development, moderate risk taking and idea generation and management – albeit, the external economic environment must also be conducive to facilitating innovation within companies and organizations. Practical implications – Innovation within construction companies is a prerequisite requirement for a dynamic and competitive economy because it nurtures self-regulating “free market” behavior, which creates considerable benefit to an economy. Such an attribute is particularly attractive for the developing country of Ghana, which has historically suffered from recurrent social, political and economic pressures. Hence, the research findings will be of practical interest to policymakers, academics and industrialists who have a vested interest in improving the performance of the Ghanaian economy. It will also be of interest to others within developing countries who are experiencing similar issues. Originality/value – This research work builds upon the work of previous scholars in this field and investigates the barriers to implementing MI in Ghana. The paper’s findings will be useful to organizations and government policymakers who seek to increase business performance within a free market and profitability in an ever increasingly competitive world.

Decades of public-private partnership in solid waste management

2017 ◽  
Vol 28 (1) ◽  
pp. 78-93 ◽  
Author(s):  
Emmanuel Yeboah-Assiamah ◽  
Kwame Asamoah ◽  
Thomas Agyekum Kyeremeh
Keyword(s):  
Developing Countries ◽  
Waste Management ◽  
Solid Waste ◽  
Solid Waste Management ◽  
Empirical Studies ◽  
Relevant Literature ◽  
Policy And Practice ◽  
Policy Makers ◽  
Content Type ◽  
Cascading Effect

Purpose The purpose of this paper is to examine empirical studies on public-private partnerships (PPPs) and solid waste management (SWM) in Ghana and India to synthesize the “crucial lessons” for urban managers and policy makers in developing countries. Design/methodology/approach A systematic review of empirical studies was carried out, the search process comprised four categories of keywords combined differently across three main search engines in order to obtain a pool of more relevant literature on the study. Sorting for relevance was done at various levels; retrospective content analysis of relevant empirical studies on PPP and SWM in Ghana and India was subsequently carried out to draw lessons and policy suggestions. Findings PPPs have mainly been impressive in coverage of waste collection in the Ghanaian context, whilst in India, emphasis has been on injection of technology and effectiveness into SWM. It is also observed that in both cases the PPP processes have lacked adequate openness, transparency and sufficient stakeholder engagement. In the Ghana cases, mostly, urban authorities hardly pay attention to details in the partnership deed and also ignore monitoring of private partners. Poorly performed PPPs do occur when one of the partners relent on his role which could have a cascading effect on other actors. Practical implications Whilst PPP is a strong candidate to address the SWM challenges of urban centers in developing countries, this does not necessarily come about by joining the bandwagon. Merely entering into a partnership deed with private waste management companies without paying due attention to details of the contract will usher urban managers into a state of schizophrenia. The paper presents five key lessons to inform policy and practice. Originality/value The paper draws lessons from multiple cases of PPPs in Ghana and India by synchronizing lessons adaptable to city authorities and policy makers in developing countries.

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