The influence of risk on the equity share of build-operate-transfer projects

De Marco, A; Mangano, G and Narbaev, T (2017) The influence of risk on the equity share of build-operate-transfer projects. Built Environment Project and Asset Management, 7(1), pp. 45-58. ISSN 2044-124X

Abstract

This paper analyses the crucial influence of risks on the capital structure of build-operate-transfer (BOT) projects revealing that the level of equity is significantly influenced by several sources of risk.

Item Type: Article
Uncontrolled Keywords: regression analysis; projects; public private partnership; private finance; risk analysis; built operate transfer
Index terms: private finance, capital structure, public private partnership, regression analysis, risk analysis, build-operate-transfer
Subjects: economic analysis, contractual arrangements, statistical analysis, environmental hazards
Topics: Business Strategy, Research Practice, Sustainability, Procurement
Descriptive scope: 3 PCA

N.B. Descriptive scope is a count of how many of the five facets of empirical research are indicated by the words used in title, abstract and keywords. It is not intended as a judgement on the research; merely a count of the kind of word we would expect to indicate Phenomenon, Concepts, Theoretical framing, Empirical techniques, Analytical techniques. If all five are present, then a code of “5 PCTEA” will indicate this. If you feel the coding for this record is questionable, we welcome discussion around the terms we matched or the way we categorized them. The facet you would expect may not be coded, or a facet may be coded inappropriately. This can also bear on a larger question, of which facets should be treated as defining in construction management research. Please get in touch, and we will look at it. More details here