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• W3123887616 abstract "Despite the fact that more than $200 billion of capital investment was financed through project companies in 2001, an amount that grew at a compound annual rate of almost 20% during the 1990s, there has been very little academic research on project finance. The purpose of this article is to explain why project finance in general and why large projects in particular merit separate academic research and instruction. In short, there are significant opportunities to study the relationship among structural attributes (i.e., high leverage, contractual details, and concentrated equity ownership), managerial incentives, and asset values, as well as improve current practice in this rapidly growing field of finance." @default.
• W3123887616 created "2021-02-01" @default.
• W3123887616 creator A5072844813 @default.
• W3123887616 date "2004-06-01" @default.
• W3123887616 modified "2023-10-10" @default.
• W3123887616 title "Why Study Large Projects? An Introduction to Research on Project Finance" @default.
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• W3123887616 doi "https://doi.org/10.1111/j.1354-7798.2004.00247.x" @default.
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