Study Of The PPP Contract Governance Mechanism Of Public Sports Services

The introduction of PPP mode into the public sports service field has a positive effect on reducing the financial burden of local governments and improving the professional management technology level within the sports industry.However,in the process of practice,there are conflicts of in contractual terms,ownership allocation,investment and development of sports invisible assets and performance assessment.One of the important reasons for the conflict is that it is lack of integrative research of PPP project contract operation management in public sports services.Therefore,this paper aims to analyse the overall theoretical framework of PPP project contract operation management using the methods of bibliometrics,grounded theory,case studies,and investigations.It is arranged by "General-specific-general" of overall theoretical framework of PPP project contract operation management,its management of branches and the effects of overall framework on performance.The main research and conclusions are as follows:(1)The overall theoretical framework of PPP project contract operation management Public sports service consists of the internal governance mechanism,the external governance mechanism and the relationship between internal and external mechanisms.The internal governance mechanism includes five sub-mechanisms: attribute identification mechanism,ownership allocation mechanism,investment and financing risk sharing mechanism,reward and reward-incentive mechanism and operation management mechanism.The external governance mechanism includes reputation selection mechanism,performance evaluation mechanism,supervision accountability mechanism.There are mutual positive effects and positive correlations between internal and external mechanisms.It can be a paradigm of PPP project life circle operation,promoting project operation successful completion.(2)Public sports services PPP project contract governance mechanism covers the relevant core indicators(systems)and evaluation models.The attribute identification indicators of the attribute identification mechanism include facility chain,activity chain,commercial chain,consumption chain,industrial chain and humanity chain,and attribute recognition model based on ordered segmentation and attribute identification criteria.Decision control rights indicators in the ownership allocation mechanism include proposals right,option right,approval right,execution and supervision right.The investment and financing risk indicators in investment and financing risk sharing mechanism includes systemic risks and non-systemic risks;reward and reward incentive and restraint mechanism of sports visible and invisible assets System;sports visible assets and invisible assets operation index system in the operation management mechanism;reputation level evaluation system in the credit selection mechanism;supervision accountability system in the supervision accountability mechanism,policy and legal supporting path in the policy legal supporting mechanism;the performance evaluation indicator system and the performance evalution model.The core indicator and evaluation model can promote the effeciency of every sub mechanism and shareholder to know clearly the internal law and its usage and function.(3)The logic framework of sub mechanism oeration of Public sports service PPP project contract management mechanism includes the guarantee layer,the task layer and the kernel layer.The case study of structural framework in public sports service PPP projects can achieve the purpose of theoretical exploration and practical guidance.(4)The questionnaire of the influence factors of stakeholder behavior preference in the PPP project contract governance of public sports service involves the attribute recognition mechanism behavior decision preference questionnaire,the ownership allocation mechanism satisfaction questionnaire and the investment and financing risk sharing mechanism risk.The reliability is high.Therefore,according to the questionnaire,we can deeply investigate the psychological tendency of stakeholders in the PPP project of the public sports service in the project initiation or implementation phase,the cooperation relationship in the ownership distribution,and the degree of acceptance of the project investment and financing risk sharing.(5)The PPP policy has a significant impact on the control power utility preferences and control rights of stakeholders(shareholders)in the public sports service PPP project.The stakeholders need to achieve the balance beteen benefits,risks and control rights.It appears the moral risks of cooperation strategy options beteen local governments and social capital.will have a moral hazard of cooperation strategy choices when signing contracts and fulfilling contracts;The increase in advertising expenditure will have an indirect negative effect on the profit of sports companies and the positive effects of price in different time of the integrated sports products of public sports services PPP project companies.(6)The overall theoretical framework has a positive impact on the governance performance of PPP projects,that is,the internal and external nine sub-mechanisms have positive effects on the public health service PPP project governance performance.The analysis of the PPP project of HS Olympic Athletic Center shows the overall governance performance is between good and medium using this framework.