Public-Private Partnership in Qatar.

Abstract

This study investigates within the context of public-private partnership (PPP), the relationship between performance (PM), critical success factors (CSFs), value for money (VFM) and corporate governance (CG) in Qatar. The study distributed an online survey to 60 employees involved in PPP projects in the private and the public sectors. Survey data was analyzed using Partial Least Squares Structural Equation Modeling (PLS-SEM), ordinary least squares regression (OLS) and factor analysis. The results revealed a significant relationship between CG and Performance. The findings led to accepting hypothesis 1 and 4. The findings rejected hypothesis 2 and 3 wherein the critical success factors and value for money have no mediating role between corporate governance and performance. The study examined whether the above measures of CSFs, VFM and CG are significantly loaded on their respective constructs. To this effect, it was found that all the construct items load on the constructs they were designed to measure. The study advances our knowledge in the area of PPP where it has a complex relationship between key players, of which, to best of the researchers' knowledge, has not yet been explored. This is especially the case when employing PLS-SEM technique to examine the above-mentioned mediation effect. Managers/owners should focus on the CFS factors highlighted by the study and consider that CG would highly improve PPP performance. Policymakers should be more concerned about regulations related to PPPs. In other words, decision-makers and policymakers should ensure that CSFs, and VFM suits CG requirements, which could lead to better performance of PPPs.