{"id":"https://openalex.org/W3131330129","doi":"https://doi.org/10.1108/jfmpc-09-2020-0062","title":"Profitability determinants of infrastructure public private partnerships (PPPs): empirical evidence from Indian data","display_name":"Profitability determinants of infrastructure public private partnerships (PPPs): empirical evidence from Indian data","publication_year":2021,"publication_date":"2021-02-17","ids":{"openalex":"https://openalex.org/W3131330129","doi":"https://doi.org/10.1108/jfmpc-09-2020-0062","mag":"3131330129"},"language":"en","primary_location":{"id":"doi:10.1108/jfmpc-09-2020-0062","doi":"https://doi.org/10.1108/jfmpc-09-2020-0062","is_oa":false,"landing_page_url":"https://doi.org/10.1108/jfmpc-09-2020-0062","pdf_url":null,"source":{"id":"https://openalex.org/S57658676","display_name":"Journal of Financial Management of Property and Construction","issn_l":"1366-4387","issn":["1366-4387","1759-8443"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-c","cwts-core","norway-1","poland-70","russia-white-list-2"],"host_organization":"https://openalex.org/P4310319811","host_organization_name":"Emerald Publishing Limited","host_organization_lineage":["https://openalex.org/P4310319811"],"host_organization_lineage_names":["Emerald Publishing Limited"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Financial Management of Property and Construction","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5032987543","display_name":"Ashish Kumar","orcid":"https://orcid.org/0000-0002-5619-7370","observed_orcids":["https://orcid.org/0000-0002-5619-7370"]},"institutions":[{"id":"https://openalex.org/I4405263076","display_name":"Amity University Jaipur","ror":"https://ror.org/027sha433","country_code":"IN","type":"education","lineage":["https://openalex.org/I191972202","https://openalex.org/I4405263076"]}],"countries":["IN"],"is_corresponding":false,"raw_author_name":"Ashish Kumar","raw_affiliation_strings":["Amity Business School, Amity University Rajasthan, Jaipur, India"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Amity Business School, Amity University Rajasthan, Jaipur, India","institution_ids":["https://openalex.org/I4405263076"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5036675398","display_name":"Vikas Srivastava","orcid":"https://orcid.org/0000-0002-8604-0921","observed_orcids":["https://orcid.org/0000-0002-8604-0921"]},"institutions":[{"id":"https://openalex.org/I91699865","display_name":"Indian Institute of Management Lucknow","ror":"https://ror.org/05gfjrx96","country_code":"IN","type":"education","lineage":["https://openalex.org/I91699865"]}],"countries":["IN"],"is_corresponding":false,"raw_author_name":"Vikas Srivastava","raw_affiliation_strings":["Finance and Accounts Area, Indian Institute of Management Lucknow, Lucknow, India"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Finance and Accounts Area, Indian Institute of Management Lucknow, Lucknow, India","institution_ids":["https://openalex.org/I91699865"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5047532391","display_name":"Mosab Ismail Tabash","orcid":"https://orcid.org/0000-0003-3688-7224","observed_orcids":["https://orcid.org/0000-0003-3688-7224"]},"institutions":[{"id":"https://openalex.org/I161913731","display_name":"Al Ain University","ror":"https://ror.org/023abrt21","country_code":"AE","type":"education","lineage":["https://openalex.org/I161913731"]}],"countries":["AE"],"is_corresponding":false,"raw_author_name":"Mosab I. Tabash","raw_affiliation_strings":["College of Business, Al Ain University, Al Ain, United Arab Emirates"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"College of Business, Al Ain University, Al Ain, United Arab Emirates","institution_ids":["https://openalex.org/I161913731"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5039935821","display_name":"Divyanshi Chawda","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Divyanshi Chawda","raw_affiliation_strings":["HomeFirst Finance Company, Surat, India"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"HomeFirst Finance Company, Surat, India","institution_ids":[]}]}],"institutions":[],"countries_distinct_count":2,"institutions_distinct_count":3,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":3.0745,"has_fulltext":false,"cited_by_count":28,"citation_normalized_percentile":{"value":0.91704238,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":95,"max":99},"biblio":{"volume":"27","issue":"1","first_page":"91","last_page":"111"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11939","display_name":"Public-Private Partnership Projects","score":0.9814000129699707,"subfield":{"id":"https://openalex.org/subfields/1408","display_name":"Strategy and Management"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T11939","display_name":"Public-Private Partnership Projects","score":0.9814000129699707,"subfield":{"id":"https://openalex.org/subfields/1408","display_name":"Strategy and Management"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":0.00570000009611249,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12123","display_name":"Financial Analysis and Corporate Governance","score":0.005200000014156103,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/public-private-partnerships","display_name":"public-private partnerships","score":0.878000020980835},{"id":"https://openalex.org/keywords/infrastructure","display_name":"infrastructure","score":0.38199999928474426},{"id":"https://openalex.org/keywords/determinants-of-profitability","display_name":"determinants of profitability","score":0.9169999957084656},{"id":"https://openalex.org/keywords/financial-leverage","display_name":"leverage","score":0.7850000262260437},{"id":"https://openalex.org/keywords/firm-size","display_name":"firm size","score":0.9950000047683716},{"id":"https://openalex.org/keywords/non-debt-tax-shield","display_name":"non-debt tax shield","score":0.9919999837875366},{"id":"https://openalex.org/keywords/business-growth","display_name":"business growth","score":0.8130000233650208},{"id":"https://openalex.org/keywords/business-risk","display_name":"business risk","score":0.6650000214576721},{"id":"https://openalex.org/keywords/inflation","display_name":"inflation","score":0.9800000190734863},{"id":"https://openalex.org/keywords/resource-based-view","display_name":"resource-based view","score":0.8009999990463257},{"id":"https://openalex.org/keywords/unlisted-firms","display_name":"unlisted firms","score":0.656000018119812},{"id":"https://openalex.org/keywords/india","display_name":"India","score":0.5099999904632568}],"concepts":[{"id":"https://openalex.org/C129361004","wikidata":"https://www.wikidata.org/wiki/Q2470236","display_name":"Profitability index","level":2,"score":0.8471084833145142},{"id":"https://openalex.org/C6422946","wikidata":"https://www.wikidata.org/wiki/Q857354","display_name":"Panel data","level":2,"score":0.733885645866394},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.511387288570404},{"id":"https://openalex.org/C153083717","wikidata":"https://www.wikidata.org/wiki/Q6535263","display_name":"Leverage (statistics)","level":2,"score":0.466654509305954},{"id":"https://openalex.org/C120527767","wikidata":"https://www.wikidata.org/wiki/Q3196867","display_name":"Debt","level":2,"score":0.4634774625301361},{"id":"https://openalex.org/C82279013","wikidata":"https://www.wikidata.org/wiki/Q684740","display_name":"Real estate","level":2,"score":0.462552934885025},{"id":"https://openalex.org/C63479239","wikidata":"https://www.wikidata.org/wiki/Q7353546","display_name":"Robustness (evolution)","level":3,"score":0.44721367955207825},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.4146939814090729},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.3997228741645813},{"id":"https://openalex.org/C162118730","wikidata":"https://www.wikidata.org/wiki/Q1128453","display_name":"Actuarial science","level":1,"score":0.33261966705322266},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.30351346731185913},{"id":"https://openalex.org/C105795698","wikidata":"https://www.wikidata.org/wiki/Q12483","display_name":"Statistics","level":1,"score":0.09563174843788147},{"id":"https://openalex.org/C55493867","wikidata":"https://www.wikidata.org/wiki/Q7094","display_name":"Biochemistry","level":1,"score":0.0},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.0},{"id":"https://openalex.org/C185592680","wikidata":"https://www.wikidata.org/wiki/Q2329","display_name":"Chemistry","level":0,"score":0.0},{"id":"https://openalex.org/C104317684","wikidata":"https://www.wikidata.org/wiki/Q7187","display_name":"Gene","level":2,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1108/jfmpc-09-2020-0062","doi":"https://doi.org/10.1108/jfmpc-09-2020-0062","is_oa":false,"landing_page_url":"https://doi.org/10.1108/jfmpc-09-2020-0062","pdf_url":null,"source":{"id":"https://openalex.org/S57658676","display_name":"Journal of Financial Management of Property and Construction","issn_l":"1366-4387","issn":["1366-4387","1759-8443"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-c","cwts-core","norway-1","poland-70","russia-white-list-2"],"host_organization":"https://openalex.org/P4310319811","host_organization_name":"Emerald Publishing Limited","host_organization_lineage":["https://openalex.org/P4310319811"],"host_organization_lineage_names":["Emerald Publishing Limited"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Financial Management of Property and Construction","raw_type":"journal-article"}],"best_oa_location":null,"sustainable_development_goals":[{"score":1.0,"display_name":"Industry, innovation and infrastructure","id":"https://metadata.un.org/sdg/9"},{"score":0.7257999777793884,"display_name":"Decent work and economic growth","id":"https://metadata.un.org/sdg/8"}],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":95,"referenced_works":["https://openalex.org/W268244976","https://openalex.org/W341373286","https://openalex.org/W952834048","https://openalex.org/W1504593540","https://openalex.org/W1506367056","https://openalex.org/W1521824317","https://openalex.org/W1533045695","https://openalex.org/W1561439352","https://openalex.org/W1587011964","https://openalex.org/W1599789888","https://openalex.org/W1646417292","https://openalex.org/W1768976923","https://openalex.org/W1772526268","https://openalex.org/W1894573148","https://openalex.org/W1961990073","https://openalex.org/W1965245760","https://openalex.org/W1977661383","https://openalex.org/W1978595235","https://openalex.org/W1990281298","https://openalex.org/W1992667123","https://openalex.org/W2002217426","https://openalex.org/W2007977509","https://openalex.org/W2011470342","https://openalex.org/W2013915050","https://openalex.org/W2021360680","https://openalex.org/W2026463943","https://openalex.org/W2027179083","https://openalex.org/W2029528386","https://openalex.org/W2030663533","https://openalex.org/W2034301206","https://openalex.org/W2037894668","https://openalex.org/W2040028420","https://openalex.org/W2040150859","https://openalex.org/W2046891351","https://openalex.org/W2048051835","https://openalex.org/W2056917813","https://openalex.org/W2058949852","https://openalex.org/W2061977616","https://openalex.org/W2064710799","https://openalex.org/W2065480672","https://openalex.org/W2074132263","https://openalex.org/W2079150292","https://openalex.org/W2082102618","https://openalex.org/W2088043633","https://openalex.org/W2088851131","https://openalex.org/W2090892806","https://openalex.org/W2094514178","https://openalex.org/W2095376388","https://openalex.org/W2096167588","https://openalex.org/W2097701736","https://openalex.org/W2109485152","https://openalex.org/W2122679534","https://openalex.org/W2125184373","https://openalex.org/W2126324596","https://openalex.org/W2134339652","https://openalex.org/W2136692284","https://openalex.org/W2140956556","https://openalex.org/W2141358063","https://openalex.org/W2197614815","https://openalex.org/W2243162768","https://openalex.org/W2245975679","https://openalex.org/W2311731096","https://openalex.org/W2339341346","https://openalex.org/W2410261504","https://openalex.org/W2466537283","https://openalex.org/W2547858691","https://openalex.org/W2565074408","https://openalex.org/W2605589229","https://openalex.org/W2625079159","https://openalex.org/W2752617332","https://openalex.org/W2768689907","https://openalex.org/W2770438406","https://openalex.org/W2771845049","https://openalex.org/W2780744508","https://openalex.org/W2888673781","https://openalex.org/W2895112570","https://openalex.org/W2895582689","https://openalex.org/W2901741404","https://openalex.org/W2902133670","https://openalex.org/W2905196577","https://openalex.org/W2938494354","https://openalex.org/W2944601225","https://openalex.org/W2950201995","https://openalex.org/W2954271578","https://openalex.org/W2956309089","https://openalex.org/W2992205637","https://openalex.org/W3014564802","https://openalex.org/W3016021221","https://openalex.org/W3017254599","https://openalex.org/W3022256274","https://openalex.org/W3027045199","https://openalex.org/W3036355876","https://openalex.org/W3121210261","https://openalex.org/W3121947007","https://openalex.org/W3124536214"],"related_works":["https://openalex.org/W2889622231","https://openalex.org/W3035496976","https://openalex.org/W4244219621","https://openalex.org/W3174922485","https://openalex.org/W2062951426","https://openalex.org/W2188148044","https://openalex.org/W3125297401","https://openalex.org/W7126417067","https://openalex.org/W2761127880","https://openalex.org/W4307758816"],"abstract_inverted_index":{"Purpose":[0],"The":[1,88,209],"purpose":[2],"of":[3,17,29,66,124,169,175,187,233,253],"this":[4,237],"study":[5,89],"is":[6,127,174,192,215,238],"to":[7,148,178,230,248],"empirically":[8,249],"investigate":[9,250],"the":[10,78,122,141,144,167,185,231,234,239,251],"variables":[11],"having":[12],"an":[13],"impact":[14,107],"on":[15,61,108,212,217],"profitability":[16,173,191,213,254],"public":[18],"private":[19,180],"partnerships":[20],"(PPPs)":[21],"in":[22,73,93,112,128,166,182,242],"India":[23],"using":[24,50],"a":[25,62],"balanced":[26,63],"panel":[27,53,64],"data":[28,54,65],"171":[30,70],"unlisted":[31,71],"PPPs":[32,72,162],"from":[33],"different":[34],"infrastructure":[35,183],"sectors":[36,219],"such":[37,201],"as":[38,202],"road,":[39],"power":[40],"generation,":[41],"real":[42],"estate":[43],"and":[44,56,102,133,151,156,198,205,222,226,245],"ports.":[45],"Design/methodology/approach":[46],"Estimations":[47],"were":[48],"done":[49],"Arellano\u2013Bond":[51],"dynamic":[52],"estimation":[55,79],"seemingly":[57],"unrelated":[58],"regression":[59],"models":[60],"855":[67],"firm-years":[68],"for":[69,194,255],"India.":[74],"To":[75],"further":[76],"test":[77],"robustness,":[80],"panel-corrected":[81],"standard":[82],"errors":[83],"model":[84],"was":[85],"used.":[86],"Findings":[87],"findings":[90],"indicate":[91],"that":[92],"firm-specific":[94],"factors,":[95,114],"leverage,":[96],"size,":[97],"non-debt":[98],"tax":[99],"shield,":[100],"growth":[101],"risk":[103],"have":[104],"significant":[105,118,176],"positive":[106,119],"PPPs\u2019":[109],"profitability,":[110],"whereas":[111],"macroeconomic":[113],"only":[115],"inflation":[116],"has":[117],"relationship.":[120],"Although":[121],"relationship":[123],"all":[125],"determinants":[126,214,252],"sync":[129],"with":[130,153],"various":[131,218],"theories":[132],"approaches,":[134],"but":[135,229],"these":[136],"are":[137,146,163],"not":[138],"significant.":[139],"Using":[140],"robustness":[142],"test,":[143],"results":[145],"found":[147],"be":[149],"robust":[150],"consistent":[152],"resource-based":[154],"view":[155],"strategy-structure-performance":[157],"approaches.":[158],"Practical":[159],"implications":[160],"As":[161],"gaining":[164],"prominence":[165],"development":[168],"infrastructural":[170],"resources,":[171],"their":[172],"importance":[177],"drive":[179],"investments":[181],"development,":[184],"identification":[186],"factors":[188],"which":[189],"determine":[190],"critical":[193],"researchers,":[195],"practitioners,":[196],"policymakers":[197],"fund":[199],"providers":[200],"equity":[203],"investors":[204],"debt":[206],"providers.":[207],"Originality/value":[208],"empirical":[210],"literature":[211],"focused":[216],"including":[220],"small":[221],"mid-size":[223],"enterprises":[224],"(SMEs)":[225],"micro":[227],"firms,":[228],"best":[232],"authors\u2019":[235],"knowledge,":[236],"first":[240],"study,":[241],"both":[243],"developed":[244],"developing":[246],"economies,":[247],"PPPs.":[256]},"counts_by_year":[{"year":2026,"cited_by_count":5},{"year":2025,"cited_by_count":8},{"year":2024,"cited_by_count":4},{"year":2023,"cited_by_count":5},{"year":2022,"cited_by_count":3},{"year":2021,"cited_by_count":3}],"updated_date":"2026-11-04T10:54:05.112534","created_date":"2021-03-01T00:00:00"}
