IDEAS home Printed from https://ideas.repec.org/p/vnm/wpdman/57.html
   My bibliography  Save this paper

The swing of public-private partnership in the Italian hospitals. A comparative analysis of two case studies

Author

Listed:
  • Salvatore Russo

    () (Dept. of Management, Università Ca' Foscari Venice)

Abstract

After more than a decade since the PPPÕs diffusion in Italy, inspired by foreign experiences, the empirical experiences have highlighted several gaps of the instrument with financial and managerial implications for the public sector. In particular the paper focuses attention on the diffusion and utilization of PPP for building and operating hospital infrastructure. With reference to the value for money, risks and accounting treatment, the initial uncertainty about appropriate measures for evaluating the projects, now, should induce a more accurate reflection. By a comparative analysis of two case studies the paper draws attention to the critical areas that now are leading towards a sort of ÒswingÓ use of PPP.

Suggested Citation

  • Salvatore Russo, 2013. "The swing of public-private partnership in the Italian hospitals. A comparative analysis of two case studies," Working Papers 21, Department of Management, Università Ca' Foscari Venezia.
  • Handle: RePEc:vnm:wpdman:57
    as

    Download full text from publisher

    File URL: http://virgo.unive.it/wpideas/storage/2013wp21.pdf
    File Function: First version, 2013
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Froud, Julie, 2003. "The Private Finance Initiative: risk, uncertainty and the state," Accounting, Organizations and Society, Elsevier, vol. 28(6), pages 567-589, August.
    2. Declan Gaffney & Allyson M. Pollock, 1999. "Pump-Priming the PFI: Why are Privately Financed Hospital Schemes Being Subsidized?," Public Money & Management, Taylor & Francis Journals, vol. 19(1), pages 55-62, January.
    3. Rosalba Cori & Cristina Giorgiantonio & Ilaria Paradisi, 2010. "Risk allocation and incentives for private contractors: an analysis of Italian project financing contracts," Questioni di Economia e Finanza (Occasional Papers) 82, Bank of Italy, Economic Research and International Relations Area.
    4. Hood, Christopher, 1995. "The "new public management" in the 1980s: Variations on a theme," Accounting, Organizations and Society, Elsevier, vol. 20(2-3), pages 93-109.
    5. Gail Hebson & Damian Grimshaw & Mick Marchington, 2003. "PPPs and the Changing Public Sector Ethos: Case-Study Evidence from the Health and Local Authority Sectors," Work, Employment & Society, British Sociological Association, vol. 17(3), pages 481-501, September.
    6. Linda M. English & Matthew Skellern, 2005. "Public–private partnerships and public sector management reform: a comparative perspective," International Journal of Public Policy, Inderscience Enterprises Ltd, vol. 1(1/2), pages 1-21.
    7. Istemi Demirag & Iqbal Khadaroo, 2011. "Accountability and value for money: a theoretical framework for the relationship in public–private partnerships," Journal of Management & Governance, Springer;Accademia Italiana di Economia Aziendale (AIDEA), vol. 15(2), pages 271-296, May.
    8. Spackman, Michael, 2002. "Public-private partnerships: lessons from the British approach," Economic Systems, Elsevier, vol. 26(3), pages 283-301, September.
    9. Paul Andon, 2012. "Accounting-related research in PPPs/PFIs: present contributions and future opportunities," Accounting, Auditing & Accountability Journal, Emerald Group Publishing, vol. 25(5), pages 876-924, June.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Jiangang Shi & Kaifeng Duan & Guangdong Wu & Rui Zhang & Xiaowei Feng, 0. "Comprehensive metrological and content analysis of the public–private partnerships (PPPs) research field: a new bibliometric journey," Scientometrics, Springer;Akadémiai Kiadó, vol. 0, pages 1-40.
    2. Jiangang Shi & Kaifeng Duan & Guangdong Wu & Rui Zhang & Xiaowei Feng, 2020. "Comprehensive metrological and content analysis of the public–private partnerships (PPPs) research field: a new bibliometric journey," Scientometrics, Springer;Akadémiai Kiadó, vol. 124(3), pages 2145-2184, September.
    3. Linda English & Jane Baxter, 2010. "The Changing Nature of Contracting and Trust in Public‐Private Partnerships: The Case of Victorian PPP Prisons," Abacus, Accounting Foundation, University of Sydney, vol. 46(3), pages 289-319, September.
    4. Ferry, Laurence & Zakaria, Zamzulaila & Zakaria, Zarina & Slack, Richard, 2018. "Framing public governance in Malaysia: Rhetorical appeals through accrual accounting," Accounting forum, Elsevier, vol. 42(2), pages 170-183.
    5. Toms, Steven & Beck, Matthias & Asenova, Darinka, 2011. "Accounting, regulation and profitability: The case of PFI hospital refinancing," CRITICAL PERSPECTIVES ON ACCOUNTING, Elsevier, vol. 22(7), pages 668-681.
    6. Peda, Peeter & Vinnari, Eija, 2020. "The discursive legitimation of profit in public-private service delivery," CRITICAL PERSPECTIVES ON ACCOUNTING, Elsevier, vol. 69(C).
    7. Khadaroo, Iqbal, 2008. "The actual evaluation of school PFI bids for value for money in the UK public sector," CRITICAL PERSPECTIVES ON ACCOUNTING, Elsevier, vol. 19(8), pages 1321-1345.
    8. Ranjith Appuhami & Sujatha Perera & Hector Perera, 2011. "Management Controls in Public–Private Partnerships: An Analytical Framework," Australian Accounting Review, CPA Australia, vol. 21(1), pages 64-79, March.
    9. Roehrich, Jens K. & Lewis, Michael A. & George, Gerard, 2014. "Are public–private partnerships a healthy option? A systematic literature review," Social Science & Medicine, Elsevier, vol. 113(C), pages 110-119.
    10. Lopes, Ana Isabel & Teixeira Caetano, Tânia, 2015. "Firm-level conditions to engage in public-private partnerships: What can we learn?," Journal of Economics and Business, Elsevier, vol. 79(C), pages 82-99.
    11. Miranda Sarmento, J. & Renneboog, L.D.R., 2014. "Anatomy of Public-Private Partnerships : Their Creation, Financing, and Renegotiations," Other publications TiSEM d276f5b6-49cb-40c7-b83c-1, Tilburg University, School of Economics and Management.
    12. Jinbo Song & Honglian Zhang & Wanli Dong, 2016. "A review of emerging trends in global PPP research: analysis and visualization," Scientometrics, Springer;Akadémiai Kiadó, vol. 107(3), pages 1111-1147, June.
    13. Asenova, Darinka & Beck, Matthias, 2010. "Crucial silences: When accountability met PFI and finance capital," CRITICAL PERSPECTIVES ON ACCOUNTING, Elsevier, vol. 21(1), pages 1-13.
    14. Eckersley, Peter & Ferry, Laurence & Zakaria, Zamzulaila, 2014. "A ‘panoptical’ or ‘synoptical’ approach to monitoring performance? Local public services in England and the widening accountability gap," CRITICAL PERSPECTIVES ON ACCOUNTING, Elsevier, vol. 25(6), pages 529-538.
    15. Andrew, Jane & Cahill, Damien, 2017. "Rationalising and resisting neoliberalism: The uneven geography of costs," CRITICAL PERSPECTIVES ON ACCOUNTING, Elsevier, vol. 45(C), pages 12-28.
    16. Opara, Michael & Rouse, Paul, 2019. "The perceived efficacy of public-private partnerships: A study from Canada," CRITICAL PERSPECTIVES ON ACCOUNTING, Elsevier, vol. 58(C), pages 77-99.
    17. Ian Hodge & William M. Adams, 2016. "Short-Term Projects versus Adaptive Governance: Conflicting Demands in the Management of Ecological Restoration," Land, MDPI, Open Access Journal, vol. 5(4), pages 1-17, November.
    18. Fandel, Günter & Giese, Anke & Mohn, Brigitte, 2012. "Measuring synergy effects of a Public Social Private Partnership (PSPP) project," International Journal of Production Economics, Elsevier, vol. 140(2), pages 815-824.
    19. Rosta, Miklós, 2013. "New Public Management: opportunity for the Centre, thread for the Periphery," MPRA Paper 68474, University Library of Munich, Germany.
    20. Tóth, Balázs, 2021. "Milyen kapcsolatban állnak a közszféra reformjai a gazdaságpolitikai paradigmákkal? [How reforms of the public sector relate to the paradigms of economic policy]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(2), pages 205-222.

    More about this item

    Keywords

    public-private partnership; healthcare management; hospital infrastructure; value for money;
    All these keywords.

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:vnm:wpdman:57. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Marco LiCalzi). General contact details of provider: http://edirc.repec.org/data/mdvenit.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.