ISBN: 978-981-11-3671-9 DOI: 10.18178/wcse.2017.06.113
The Impact of Trust and Cooperation on the Performance of PPP Projects: The Moderating Role of Risk Allocation
Abstract— Trust, cooperation, risk allocation and PPP project performance have been extensively
investigated in literature. However, the impact of trust and cooperation on PPP project performance and the
moderating role of risk allocation between them still lack empirical evidence. The present research attempts
to bridge these gaps by using partial least squares (PLS) approach to analyze a sample of 216 valid responses.
The results show that trust and cooperation positively affect PPP project performance, trust positively
influences cooperation. Risk allocation improves the effects of trust and cooperation on PPP project
performance, as well as improves the effect of trust on cooperation, and the cooperation plays partial mediate
role between trust and PPP project performance. Therefore, the trust and cooperation play a key role in
achieving PPP project performance while the moderating role of risk allocation should also be paid more
attention. Research results can enrich the theory of relationship management (RM) and provide a theoretical
reference to public sector and private sector for improvement of the performance by trust, cooperation, and
risk allocation, and also in maintaining on-going relationships between them in the future.
Index Terms— trust, cooperation, risk allocation, project performance
Chuanbin Zheng, Jingchun Feng,Ranran Chen, Song Xue
Business School, Hohai University, CHINA
Chuanbin Zheng, Ranran Chen
Institute of Project Management of Hohai University, CHINA
Jiangsu Provincial Collaborative Innovation Center of World Water Valley and Water Ecological Civilization, CHINA
Children's hospital of Soochow University, CHINA
Changjiang Polytechnic College, CHINA
International River Research Centre of Hohai University, CHINA
Cite: Chuanbin Zheng, Jingchun Feng, Qianqian Lu, Jianwei Zheng, Ranran Chen, Song Xue, "The Impact of Trust and Cooperation on the Performance of PPP Projects: The Moderating Role of Risk Allocation," Proceedings of 2017 the 7th International Workshop on Computer Science and Engineering, pp. 649-653, Beijing, 25-27 June, 2017.