Invaluable information regarding one of the biggest worldwidegrowth areas in investing-infrastructure assets Infrastructure investing is about to explode on the worldwidescene. The fact is that real money will need to be spent on realprojects-which will present real opportunities for...

This paper is an empirical examination of the use of structured finance, namely Project Finance, to mitigate transaction costs arising from specific investments, the threat of opportunistic behavior and incomplete contracts. The use of project finance to mitigate underinvestment resulting from...

We distinguish between two types of political capital and hypothesize that their value for firms varies at home and overseas. Hence they support different modes of international activity. Empirical testing of Russian firms shows that relational political capital is of high value in the home...