Kesseba, Khaled (2023) Governing Public-Private Joint Ventures: The Role of Power Asymmetry. Public Administartion. (Submitted)

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Abstract

Non-Equity Public-Private Joint Ventures are a pervasive fact of the economic life of emerging economies. They entail a state-international business relationship in sovereign sector industries. Owing to internal and external power asymmetries penetrating such partnerships, appointed public and private managers face complexities in governing the partnership and coordinating its operations. These power asymmetries exist in the inter-organisational exchange, between appointed public and private managers, and in the intra-organisational exchange between the appointed managers and their respective parent firms. Research has shown several managerial practices that may influence the governance of a wide range of PPPs. However, which practices are vital for appointed public and private managers exposed to power asymmetries in the inter-organisational and intra-organisational exchanges of non-equity public-private partnerships remains unclear. Building on the tripartite theories of organisational sense-making, network governance, and principal-agent theory, this article addresses the perceived managerial practices influencing the governance of NE-PPJVs in emerging economies under the tensions of power asymmetries experienced by the appointed public and private managers. Qualitative empirical data was gathered by interviewing long-practised appointed public and private managers in the field. In the inter-organisational exchange, the findings identified two practices: trust-building and experience compatibility with mutual consent on the first and contrast on the second between public and private participants. In the intra-organisational exchange, the findings identified two practices: NE-PPJVs management autonomy and management appointment stability with mutual consent between public and private participants.

Item Type:	Article
Status:	Submitted
Subjects:	H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
School/Department:	London Campus
URI:	https://ray.yorksj.ac.uk/id/eprint/7466

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