An Exploratory Study of the Effects of Project Finance on Project Risk Management : How the Distinguishing Attributes of Project Finance affects the Prevailing Risk Factor?
Chan, Ka Fai;
Publisher: Umeå universitet, Handelshögskolan vid Umeå universitet
Subject: project finance | risk management | political risk | country risk | principal-agency risk | business risk | legal entity | non-recourse loan | third-party guarantee | Business studies | Företagsekonomi
Project finance is a financing arrangement for projects, and it is characterised by the creation of a legally independent project company financed with non- or limited recourse loans. It is observed that the popularity of project finance is increasing in the recent deca... View more