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Causal relationships of moral hazard and adverse selection of Ghanaian Public-Private-Partnership (PPP) construction projects
(
Emerald Group Publishing Ltd.
, 2018 , Article)
Purpose: The purpose of this paper was to assess the causal relationship(s) between moral hazard and adverse selection of public' private partnership (PPP) construction projects. Structural equation modelling (SEM) was ...
An empirical examination of moral hazards and adverse selection on PPP projects: A case study of Ghana
(
Emerald Group Publishing Ltd.
, 2018 , Article)
Purpose: Failures of public?private partnership (PPP) projects are often ascribed to the agency problem, which arise under conditions of inadequate and asymmetric information when a principal (the client) hires an agent ...