What question did this study set out to answer?

The study aims to understand how the specificity of laws influences contractual governance in public-private partnerships (PPPs).

July 26, 2026Strategic Management Journal

Disentangling contract and law: Legal specificity and contractual governance in public–private partnerships

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Authors

MHMohammad HosseiniWestern University BQBertrand QuélinCentre National de la Recherche Scientifique

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Implication

Examines the impact of legal design on contractual governance in public-private partnerships, indicating a need for balance between specificity and flexibility.

Key Points

The study aims to understand how the specificity of laws influences contractual governance in public-private partnerships (PPPs).
Analyzed 3986 PPP projects across 53 countries from 1997 to 2021.
Examined the relationship between legal specificity and user-pay project arrangements.
Assessed how political constraints influence the specificity of PPP laws.
Highly specific laws are associated with fewer user-pay contracts due to increased adaptation costs.
Less specific laws allow greater contractual discretion, leading to more user-pay arrangements.
Countries with weaker political constraints tend to adopt more specific PPP laws.

Cite This Study

Hosseini et al. (2026) studied this question.

synapsesocial.com/papers/6a65a6f2d3aea3239cd78126 https://doi.org/10.1002/smj.70111

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Implication

Examines the impact of legal design on contractual governance in public-private partnerships, indicating a need for balance between specificity and flexibility.

Disentangling contract and law: Legal specificity and contractual governance in public–private partnerships

Discussion

Member takes

Implication

Key Points

Cite This Study

Disentangling contract and law: Legal specificity and contractual governance in public–private partnerships

Discussion

Member takes

Implication

Key Points

Cite This Study

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