Екатерина Харькова
Relevance of Public-Private Partnerships for consulting services
A PPP resembles a major commitment on the side of the private sector, which needs to know that politicians are committed to private involvement. Effective regulation requires the implementation of a supporting legal and regulatory framework to create an environment that promotes public confidence, ensures stability, and transparency. From an economic perspective, it may be important to research competition, investment, innovation, and growth of the sector.
Moreover, an analysis of political, legal and economic risks plays a major role because these risks have a strong impact on the success and the opportunities evolving from PPPs.
3.3
Business framework
The business framework defines the microeconomic basics for PPP activity. In consideration of the research object, it is reasonable to concentrate the investigation on following business units:
Organization
Financing
Accounting & Reporting
Organization As mentioned, PPP is one form of cooperation between two or more parties. The business framework defines how the collaboration between all the partners can be organized, how the management structure is and what kind of controlling mechanisms can be used to manage entire PPP processes and activities.