Ismail, S; Musawa, M S and Ahmad, H (2019) Transparency of public private partnership (PPP): The extent of mandatory information disclosure. Built Environment Project and Asset Management, 9(5), pp. 655-668. ISSN 2044-124X
Abstract
Purpose: The purpose of this paper is to examine the extent public listed construction firms in Malaysia disclose mandatory information on public private partnership (PPP) projects. This paper is important as the level of disclosure of PPP information reflects the extent of transparency as practiced by the companies involved in PPP projects. Design/methodology/approach: In achieving the aim, a content analysis procedure was carried out to analyse the 2015 annual reports of the construction companies. Descriptive statistics including the mean score, frequency and percentage were employed to analyse the disclosure of the annual report. Findings: The overall mean disclosure score of the sampled companies is 40 per cent, which connotes a low level of disclosure of mandatory information on PPP. The companies also tend to disclose more mandatory financial information than non-financial information. Originality/value: This paper is one of the few studies that investigated the level of mandatory disclosure of PPP information, thus contributing to the scanty literature on PPP transparency not only in Malaysia but also internationally.
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | Malaysia; mandatory disclosure; PPP; private companies; public private partnership; transparency |
| Index terms: | methodology, statistics, public private partnership, transparency, Malaysia, low level, annual report, content analysis, construction firm, construction company |
| Subjects: | contractual arrangements, data analysis and analytics, business, mathematical modelling, organization, measurement and scaling, professional development, Geography, research methods |
| Topics: | Business Strategy, Research Practice, Geographical Context, Information Management, Procurement, Governance |
| Descriptive scope: | 4 PCTA |
N.B. Descriptive scope is a count of how many of the five facets of empirical research are indicated by the words used in title, abstract and keywords. It is not intended as a judgement on the research; merely a count of the kind of word we would expect to indicate Phenomenon, Concepts, Theoretical framing, Empirical techniques, Analytical techniques. If all five are present, then a code of “5 PCTEA” will indicate this. If you feel the coding for this record is questionable, we welcome discussion around the terms we matched or the way we categorized them. The facet you would expect may not be coded, or a facet may be coded inappropriately. This can also bear on a larger question, of which facets should be treated as defining in construction management research. Please get in touch, and we will look at it. More details here