To read the full version of this content please select one of the options below:

Transparency of public private partnership (PPP): the extent of mandatory information disclosure

Suhaiza Ismail (International Islamic University Malaysia, Kuala Lumpur, Malaysia)
Mubarak Shehu Musawa (International Islamic University Malaysia, Kuala Lumpur, Malaysia)
Hawa Ahmad (Department of Accounting, International Islamic University Malaysia, Kuala Lumpur, Malaysia)

Built Environment Project and Asset Management

ISSN: 2044-124X

Article publication date: 2 August 2019

Issue publication date: 20 September 2019

Abstract

Purpose

The purpose of this paper is to examine the extent public listed construction firms in Malaysia disclose mandatory information on public private partnership (PPP) projects. This paper is important as the level of disclosure of PPP information reflects the extent of transparency as practiced by the companies involved in PPP projects.

Design/methodology/approach

In achieving the aim, a content analysis procedure was carried out to analyse the 2015 annual reports of the construction companies. Descriptive statistics including the mean score, frequency and percentage were employed to analyse the disclosure of the annual report.

Findings

The overall mean disclosure score of the sampled companies is 40 per cent, which connotes a low level of disclosure of mandatory information on PPP. The companies also tend to disclose more mandatory financial information than non-financial information.

Originality/value

This paper is one of the few studies that investigated the level of mandatory disclosure of PPP information, thus contributing to the scanty literature on PPP transparency not only in Malaysia but also internationally.

Keywords

Citation

Ismail, S., Musawa, M.S. and Ahmad, H. (2019), "Transparency of public private partnership (PPP): the extent of mandatory information disclosure", Built Environment Project and Asset Management, Vol. 9 No. 5, pp. 655-668. https://doi.org/10.1108/BEPAM-01-2018-0020

Publisher

:

Emerald Publishing Limited

Copyright © 2019, Emerald Publishing Limited