Many private infrastructure projects mix regulation that subjects the private company to considerable risk, a government or regulator that is reluctant to see the company go bankrupt, and high leverage on the part of the company. If all goes well, equityholders make a profit, debtholders are repaid, customers pay no more than they expected, and the government is not called on to bail the company out. If all goes badly enough, however, the prospect...
Exibir mais
DETALHES
-
2004/04/01
-
Documento de trabalho sobre pesquisa de políticas
-
WPS3274
-
1
-
1
-
2010/07/01
-
Avoiding customer and taxpayer bailouts in private infrastructure projects : Policy toward leverage, risk allocation, and bankruptcy
-
minimum equity requirements minimum equity
DOWNLOADS
COMPLETAR RELATÓRIO
Versão oficial do documento (pode conter assinaturas, etc.)
-
Total Downloads** : 1934
*A versão do texto é um OCR incorreto e está incluído unicamente em benefício de usuários com conectividade lenta.