Risk shifting and long-term contracts : evidence from the Ras Gas Project / Mansoor Dailami and Robert Hauswald

Englisch

Washington, DC : World Bank Institute, Governance, Regulation, and Finance Division, [2000]

Online-Ressource (30 p) : ill ; 28 cm

"November 2000"--Cover

Includes bibliographical references (p. [21]-23)

Dailami, Mansoor: Risk shifting and long-term contracts

*Bonds -- Korea (South) ; Incomplete contracts -- Korea (South) ; Project finance -- Korea (South) ; Public utilities -- Korea (South) ; Risk -- Korea (South) ; Bonds -- Korea (South) ; Incomplete contracts -- Korea (South) ; Project finance -- Korea (South) ; Public utilities -- Korea (South) ; Risk -- Korea (South)

Risk shifting and incomplete contracting lie at the heart of the agency relationship inherent in the procurement and financing of large-scale projects such as power plants, oil and gas pipelines, and liquefied natural gas facilities. An investigation of Ras Gas bonds provides empirical evidence of the risk-shifting consequences of contractual incompleteness

 

Online-Ausg.

Also available in print.

Elektronische Ressource

Nutzung mit Bibliotheksausweis der Staatsbibliothek zu Berlin

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