راهبرد مدیریت مالی (Oct 2018)

Prioritizing and Analyzing Participatory Financing Methods for Urban Projects

  • naser YARMOHAMMADIAN,
  • Ali Moridian Pirdosti,
  • reza nasr esfahani

DOI
https://doi.org/10.22051/jfm.2018.16704.1456
Journal volume & issue
Vol. 6, no. 3
pp. 81 – 108

Abstract

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The development of guides and information resources in this area is one of the effective measures for capacity building and the elimination of possible ambiguities and misunderstandings about public-private partnerships. In this study, we rank the participatory financing methods and identify the best ones based on four indicators including risk, duration, efficiency and working capital for investment in urban projects, as well as the importance of each method of participation in various urban areas. The sample consisted of municipality experts and private sector investors. The data gathering tool was a questionnaire and the AHP method, descriptive statistics; confirmatory factor analysis and Friedman test were used. The results of the analysis of AHP hierarchy showed that the best financing methods from the experts’ view are construction, operation and transfer, concession, lease, purchase of services, operations and management.

Keywords