Multiple activities may be separated financially, allowing each to optimize its financial
structure, or combined in a firm with a single optimal financial structure. We consider …

The 1990s witnessed a boom in foreign direct investment (FDI) in infrastructure sectors in
developing countries, which was surprising for at least two reasons. First, infrastructure …

Securing sales to a large buyer can be pivotal to a supplier's decision to produce. While
conventional wisdom suggests that being pivotal improves a buyer's bargaining position, the …

We design and test the hypothesis that for energy firms' oil market activities impact capital
structure. Using a unique sample of 726 energy firms from 56 countries, we find that oil …

Current books on project finance tend to be non-technical and are either procedural or rely
heavily on case studies. In contrast, this textbook provides a more analytical perspective …

The capital market in which asset-backed securities are issued and traded is composed of
three main categories: ABS, MBS and CDOs. We were able to examine a total number of …

Private financing of infrastructure projects is commonly seen in many countries today. In
recent years, many private infrastructure projects have also attracted investment from Private …

Malaysian firms have been reported to be involved in Asset-Backed Securities since 1986
when Cagamas Bhd was the pioneer in the field. This research aims to examine the factors …

This paper compares two forms of government support: loan guarantee and direct
investment through public-private partnerships (PPPs). With loan guarantee, government …

This paper proposes a model to study the arrangement of Islamic project finance with the
participation of the government as a provider of loan guarantees. The owner-shareholders …