Rajan Annamalai, Thillai; Jain, Nikhil - In: Journal of Financial Management of Property and Construction 18 (2013) 3, pp. 251-267
Purpose – Privately financed infrastructure projects commonly use a project finance structure. Project finance is expected to facilitate investment flow in risky environments. The objective of this paper examines the link between the use of project finance and investments in risky...