Business Value in Public-Private Partnerships: The Positive Impact of Trust and Task-Relevant Competencies on Business Outcomes in PPPs

ABSTRACT

Governments and businesses enter public-private partnerships (PPPs) to achieve better outcomes, but successful partnerships are not easily accomplished. Because businesses’ expectations about PPP outcomes affect how and whether they participate as partners, managing PPPs effectively requires knowing not just what governments lose or gain, but also the value businesses receive. This article demonstrates how structural, collaborative, and participant factors associated with both public and private partners affect business value in PPPs. Based on a mixed-methods approach, this study tests four hypotheses on how PPPs influence value creation for businesses. The findings show that PPP experience, trust, and size have significant effects on business value. However, they only increase certain types of value, depending on the presence and performance of other factors. Moreover, the results show that businesses gain more intangible values, such as network development and knowledge, than revenue.     

Testing the Impact of Political Generations: The Class of 94 and Pro‐feminist Ideas in the Swedish Riksdag

How can one explain the transformation of elected assemblies like national parliaments? In this study it is argued that much can be gained from taking the assumption of political generations more seriously when trying to explain transformations of the political agenda – for example, of themes and topics brought up in the parliamentary process. More specifically, the article expands on previous research in three ways: first, it launches the concept of ‘parliamentary political generation’ where the core element is the combination of an influx of large numbers of newcomers into the elected assembly and an electoral context that is formative – that is, that exhibits characteristics that distinguish the election from other elections. Second, an empirical test is conducted where other factors such as party affiliation and social background characteristics are controlled for. Finally, the test on the impact of parliamentary political generations is conducted in a context – the Swedish Riksdag – where parliamentary party groups are strong. The data used is the Parliamentary Surveys 1985–2010 conducted at the Department of Political Science, University of Gothenburg, Sweden. The political generation in focus is the ‘Class of 94’. The results show that the Class of 94 distinguish themselves by being more feminist than their senior colleagues and other groups of newcomers in Swedish elections. This is the feminist generation in Swedish politics.     

Differentiating cause-of-death terminology for deaths coded as sudden infant death syndrome, accidental suffocation, and unknown cause: an investigation using US death certificates, 2003-2004

We compared written text on infant death certificates for deaths coded as sudden infant death syndrome (R95), unknown cause (R99), and accidental suffocation (W75). Using US mortality files supplemented with the death certifiers' written text for all infant deaths with International Classification of Diseases (ICD)-10 assigned codes R95, R99, and W75, we formed cause-of-death subcategories from common themes identified from the written text. Among all infant deaths in 2003-2004, the underlying cause of death was listed as R99 for 2128 deaths, R95 for 4408 deaths, and W75 for 931 deaths. Among the postneonatal deaths, the differences in subcategories varied between assigned ICD-10 codes: for R99-coded deaths, 45.8% were categorized as "Unknown" and 48.6% as "Pending"; for R95-coded deaths, 67.7% were categorized as "sudden infant death syndrome (SIDS)"; and for W75-coded deaths, 76.4% were categorized as "Suffocation." Examination of the written text on the death certificates demonstrates variability in the assigned ICD-10 codes which could have an important effect on the estimates of SIDS cases in the United States.     

Enacting the rules of global finance: sovereign wealth funds and the promotion of corporate governance reform

In the wake of the financial crises of the last two decades, the promotion of corporate governance reform has emerged as a priority concern of the international financial community. This paper draws attention to the role played by Sovereign Wealth Funds (SWFs) in this process. It shows that SWFs’ enactment of a common set of shareholder-oriented corporate governance reforms has not solely been driven from the ‘outside in’—i.e. conforming to prevailing global financial norms and pressures. Indeed, various SWFs are in fact attempting to change financial best practice from the ‘inside out’ by promoting a transformative shareholder-value model of corporate governance throughout the companies they hold in their investment portfolios. To better elucidate the dynamics of this process, this paper looks at the experience of two SWFs in Asia and Europe. More specifically, it will explore the corporate governance agendas of Norway’s Government Pension Fund-Global and Malaysia’s Khazanah Nasional Berhad.     

Women's human rights in a changing climate: highlighting the distributive effects of climate policies

A women's rights perspective can inform and structure research on climate policy impacts on women. To date, climate policy analysis has mostly considered women as agents of climate protection, that is, objects of mitigation policies, rather than subjects in their own right. However, climate change mitigation involves direct and indirect distributive effects depending on which sectors are involved, which instruments are chosen and how funds are obtained and allocated. Since gender roles impact on individual livelihoods and activities, distributive effects are likely to be gendered. This paper suggests that women's human rights can be used as a framework for research aiming to fill this gap. They provide a well-developed, tested range of criteria for gender justice. Such assessments would allow for a more systematic and comprehensive understanding of the gendered distributive effects of climate policies, notably with regard to the particularly understudied situation in the industrialized world.     

Putting a Price on Justice: How to Incentivize the Downsizing of Prison Populations

Abstract

We argue that the proximate reason the United States overuses prisons is that for local prosecutors and judges, sending offenders to prison is “free”; the state pays. By completely subsidizing prison use, states incentivize local overuse of prisons. State prisons in the United States are common pool resources, so options to managing common pool resources used in fisheries and environmental protection may have applications to corrections. We propose, for this purpose, seven options: six involve pricing systems and each having several variants. Each approach, in its own way, puts a price on justice. We also outline other changes in correctional and sentencing practices policy makers need to make to implement these approaches. We anticipate potential consequences, good and bad, of incentivizing justice. Finally, we fully expect our proposals to incur the ire of some political idealists on the right and the left. Nevertheless, for policy makers who are concerned about practical solutions to the grave injustices and high costs of mass incarcerations, our portfolio of options should be useful.     

Touching the rainbow

Swiss‐torn painter Angelica Kauffman (1741–1807) was trained in Italy, then moved to London in 1766, where she was to stay for 15 years. Kauffman soon became one of the leading neo‐classical artists, famous for her portraits and history paintings. Her high art pictures won an enormous popularity and were executed, e.g., in interior decorations and as prints. As one of the founding members of the Royal Academy of Arts and belonging to the inner circle surrounding its president, the painter Sir Joshua Reynolds, Kauffman was commissioned for four corner roundels in the ceiling of the Council and Assembly Room in the academy's new home, Somerset House, today at Burlington House. These allegorical paintings on the appropriate theme of the Visual Arts (and part of a larger programme) are discussed in this essay, and especially one of these, representing “Painting”. By means of iconographical analysis it is argued that Kauffman, following the tradition of feminist history painters like Artemisia Gentileschi (1593–1652/53), is not only representing the theory and praxis of the artistic process but in so doing, also comments on the dominant ideology of sexual difference.