Collaboration and opportunism in megaproject alliance contracts: The interplay between governance, trust and culture. Issue 4 (May 2021)
- Record Type:
- Journal Article
- Title:
- Collaboration and opportunism in megaproject alliance contracts: The interplay between governance, trust and culture. Issue 4 (May 2021)
- Main Title:
- Collaboration and opportunism in megaproject alliance contracts: The interplay between governance, trust and culture
- Authors:
- Galvin, Peter
Tywoniak, Stephane
Sutherland, Janet - Abstract:
- Highlights: The relational norms of alliance contracts do not guarantee collaboration. Trust, culture and governance choices support collaborative behavior. Interactions between these factors and managerial choices over time limit opportunism. Abstract: Alliance contracts have been introduced in megaprojects to improve the alignment of objectives, risk and reward between client and contractor. However, the relational norms of alliances are not sufficient on their own to eliminate opportunistic behaviors. This study shows that, investing in mechanisms supportive of governance, culture, and trust provides a platform upon which firms may foster collaboration and limit self-interest oriented behavior amongst alliance partners. Our qualitative case study of a major project-based organization reveals the impact of these mechanisms, and more pointedly, how they interact and often reinforce each other. Governance, culture and trust are interlinked and complementary, and managers need to reflect holistically on their interactions in order to establish collaborative, rather than opportunistic behaviors.
- Is Part Of:
- International journal of project management. Volume 39:Issue 4(2021)
- Journal:
- International journal of project management
- Issue:
- Volume 39:Issue 4(2021)
- Issue Display:
- Volume 39, Issue 4 (2021)
- Year:
- 2021
- Volume:
- 39
- Issue:
- 4
- Issue Sort Value:
- 2021-0039-0004-0000
- Page Start:
- 394
- Page End:
- 405
- Publication Date:
- 2021-05
- Subjects:
- Megaprojects -- Governance -- Trust -- Culture -- Opportunism -- Collaboration
Project management -- Periodicals
Network analysis (Planning) -- Periodicals
658.40405 - Journal URLs:
- http://www.sciencedirect.com/science/journal/02637863 ↗
http://www.elsevier.com/journals ↗ - DOI:
- 10.1016/j.ijproman.2021.02.007 ↗
- Languages:
- English
- ISSNs:
- 0263-7863
- Deposit Type:
- Legaldeposit
- View Content:
- Available online (eLD content is only available in our Reading Rooms) ↗
- Physical Locations:
- British Library DSC - 4542.487100
British Library DSC - BLDSS-3PM
British Library HMNTS - ELD Digital store - Ingest File:
- 16868.xml