Cost-Benefit Analysis in The Local Authorities and Effective Decision-Making In Public Investment.

Autor: Azudin, Afirah, Endut, Wan Anisah, Mohd Noor, Nor Raihana Asmar, Jusop, Mariana, Long, Yasmiza
Předmět:
Zdroj: Journal of Entrepreneurship & Business; Mar2024, Vol. 12 Issue 1, p32-42, 11p
Abstrakt: Sustainable cities and communities are among of issues which intensely debated among Malaysian Local Authorities (LAs) as they are one of the stakeholders responsible for this matter. However, LAs have received criticism on their financial management which hindered them from performing their duties in fulfilling public expectations. Cost-benefit analysis (CBA) was introduced as a tool that guided their decision on the projects that would be beneficial to the societies and involve an acceptable trade-off cost. This article discusses the literature on CBA, its use in decision-making, and the factors influencing its implementation. Based on content analysis, it shows that project worthiness and inadequate information have become factors that influence the use of CBA in assessing public projects in Malaysian cases. This study provides new dimensions on which area should be improved to encourage the use of CBA in the assessment of Malaysian public projects. [ABSTRACT FROM AUTHOR]
Databáze: Complementary Index