There is a general belief that the institutional environment significantly challenges the performance and sustainability of public-private partnerships. However, little is known about how partners can encounter and overcome such a challenge. The objective of this study was to investigate partners' practices of Institutional Orientation, particularly in terms of Institutional Embeddedness, Market Legitimacy, Key Institutional Customers Concept, and their impacts on Partnership Performance. Relational Risk (i.e. Relational Capital, Flexibility, and Conflict) was also examined to demonstrate its mediating role in this relationship. Data were obtained from 290 experts, managers, and core employees who worked in a failed destination management system partnership in Egypt. Using structural equation modeling, the study reveals that Institutional Orientation practices enable partners to effectively understand and maintain the institutional environment, mitigate Relational Risk behaviors, and consequently enhance partnership's chances to develop and operate more efficiently.

人们普遍认为，体制环境极大地挑战了公私伙伴关系的绩效和可持续性。但是，对于合作伙伴如何面对和克服这种挑战知之甚少。这项研究的目的是调查合作伙伴的制度导向做法，尤其是在制度嵌入度，市场合法性，关键制度客户概念及其对伙伴关系绩效的影响方面。还检查了关系风险（即关系资本，灵活性和冲突），以证明其在这种关系中的中介作用。数据来自在埃及失败的目的地管理系统合作伙伴关系中工作的290位专家，经理和核心员工。使用结构方程建模，