PFIs involving multiple public partners: a case study from the Italian healthcare sector

Abstract

The financial crisis experienced by many countries since 2008 has given new importance to private finance initiatives (PFIs) for providing public services. This paper analyses the relationships between multiple public and private sector actors participating in a PFI in the healthcare sector in order to better understand the motives and behaviour of public and private sector partners. High levels of trust and the active participation of a regulatory body were found to be significant factors in terms of creating a partnership that benefits all sides.

Keywords:

• Multiple public partners
• PFI
• regulatory body
• trust

Additional information

Notes on contributors

Antonio Davide Barretta

Antonio Davide Barretta is Full Professor in Business Administration at the University of Siena, Italy.

Pasquale Ruggiero

Pasquale Ruggiero is Associate Professor in Public Management at the University of Siena and Senior Lecturer in Management Control Systems at the Brighton Business School, UK.