Risk and Capital Structure in Asian Project Finance
Asia Pacific Journal of Management, Volume 25, Issue 1, 2007, Pages 25-50.
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We develop and test a multi-level theoretical framework for understanding country-, industry-, syndicate-, firm- and project-specific factors shaping the capital structure and broader risk profile of a quintessentially Asian form of foreign direct investment ("FDI") called project finance. Empirical analyses of 238 projects announced for ...More
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