Summarizes previous research on the impact of the investment opportunity set (IOS) on firm financing, dividend and …

different investment opportunity set (IOS) levels. Tests them using 1992‐1998 data on a sample of US multinationals and shows …

highlights the importance of investing and financing decision for equity providers, an area which has received less importance in …

Abstract The railways industry is a capital-intensive industry requiring very large initial and ongoing investment … government financing, especially of the expensive infrastructure. In this regard, the connection between the particular rail … restructuring strategy chosen by a country and the ability of the restructured entity to attract financing, especially private …

) Study of the Financing of and Public Budget Contributions to Railways: A Final Report for European Commission, DG TREN … financing models. In our data-set countries either focus their support payments on the operation of the infrastructure, which … contributions paid to the infrastructure manager. The structure of funds, different approaches of infrastructure financing and …

Abstract This paper revises some of the common views on transport infrastructure investment and proposes alternative … ways to achieve a more efficient planning, evaluation and financing of transport infrastructures in a world where planners … the planning phase. We also discuss the institutional design and its effect on investment decisions, particularly, the …