Keywords: Valuation
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Journal Articles
Accounting Research Journal (2021) 34 (6): 546–579.
Published: 27 September 2021
...Stephen Gray; Jason Hall; Grant Pollard; Damien Cannavan Purpose In the context of public-private partnerships (PPPs), it has been argued that the standard valuation framework produces a paradox whereby government appears to be made better off by taking on more systematic risk. This has led...

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