Whitfield, D. and Smyth, S. orcid.org/0000-0001-9999-3417 (2019) Infrastructure investment - the emergent PPP equity market. Annals of Public and Cooperative Economics, 90 (2). pp. 291-309. ISSN 1370-4788
Abstract
Increasingly governments are looking to private sector actors to invest in infrastructure projects. An emergent mechanism for such investment is the market in PPP equity. This is an aspect of PPPs that has to date had little empirical attention. This paper reports on the size and scope of the market in PPP equity sales within the UK. In the process, the nature of PPP projects and the existing rationales for the policy are critiqued. The paper concludes by laying out a number of potential research agendas focused on PPP equity sales including a call for reassessing theoretical perspectives.
Metadata
Item Type: | Article |
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Authors/Creators: |
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Copyright, Publisher and Additional Information: | © 2018 Wiley. This is an author produced version of a paper subsequently published in Annals of Public and Cooperative Economics. Uploaded in accordance with the publisher's self-archiving policy. |
Keywords: | Public Private Partnership (PPP); secondary market; equity sales; infrastructure investment funds |
Dates: |
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Institution: | The University of Sheffield |
Academic Units: | The University of Sheffield > Faculty of Social Sciences (Sheffield) > Management School (Sheffield) |
Depositing User: | Symplectic Sheffield |
Date Deposited: | 13 Nov 2018 12:43 |
Last Modified: | 17 May 2024 10:08 |
Status: | Published |
Publisher: | Wiley |
Refereed: | Yes |
Identification Number: | 10.1111/apce.12234 |
Open Archives Initiative ID (OAI ID): | oai:eprints.whiterose.ac.uk:138473 |