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Keywords: Leverage
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Journal Articles
Qualitative Research in Financial Markets (2021) 13 (3): 295–327.
Published: 08 February 2021
...-recourse debt financing (Esty, 2004 ; Srivastava and Kumar, 2010). These SPVs, deemed bankruptcy-remote, have high leverage due to the use of non-recourse debt and contractual arrangement, often up to 90–95% (Srivastava and Kumar, 2010). Many scholars have tried to define project finance (PF) based...
Journal Articles
Qualitative Research in Financial Markets (2016) 8 (4): 305–330.
Published: 07 November 2016
... Limited 2016 Emerald Group Publishing Limited Licensed re-use rights only Corporate governance Leverage Financial flexibility Liquidity Ownership concentration Principal-principal conflict Recent studies by Graham and Harvey (2001) have suggested that a main consideration...
