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Project Finance in Theory and Practice
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Project Finance in Theory and Practice (2013)Project Finance in Theory and PracticeCarbon contracts-for-difference: How to de-risk innovative investments for a low-carbon industry? (2022)Carbon contracts-for-differen…Project Finance for Africa’s Construction Sector: Can Stabilization Funds Work? (2018)Project Finance for Africa’s …Cash Flow Management of Construction Projects in Saudi Arabia (2018)Cash Flow Management of Const…Valuation of strategic options in public–private partnerships (2016)Valuation of strategic option…Risk analysis with contractual default. Does covenant breach matter? (2013)Risk analysis with contractua…Does the private sector receive an excessive return from investments in health care infrastructure projects? Evidence from the UK (2013)Does the private sector recei…An Evaluation of the Projected Returns to Investors on 10 PFI Projects Commissioned by the National Health Service (2012)An Evaluation of the Projecte…Offtaking agreements and how they impact the cost of funding for project finance deals (2009)Offtaking agreements and how …The effect of bond rating changes on common stock prices (1986)The Effect of Bond Rating Agency Announcements on Bond and Stock Prices (1992)Syndicated Loans (2000)Debt-side governance and the geography of project finance syndicates (2017)Power Purchase Agreements and Financing Renewables: An Interdependency (2020)Coherent Measures of Risk (1999)Conditional value-at-risk for general loss distributions (2002)Monte Carlo Methods in Financial Engineering (2003)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)The Valuation of Risk Assets and the Selection of Risky Investments in Stock Portfolios and Capital Budgets (1965)THE VALUATION OF RISK ASSETS AND THE SELECTION OF RISKY INVESTMENTS IN STOCK PORTFOLIOS AND CAPITAL BUDGETS**This paper is another in a series of interrelated theoretical and statistical studies of corporate financial and investment policies being made under grants from the Rockefeller Foundation, and more recently the Ford Foundation, to the Harvard Business School. The generous support for this work is most gratefully acknowledged. The author is also much indebted to his colleagues Professors Bishop, Christenson, Kahr, Raiffa, and (especially) Schlaifer, for extensive discussion and commentary on an earlier draft of this paper; but responsibility for any errors or imperfections remains strictly his own.[Professor Sharpe's paper, “Capital Asset Prices: A Theory of Market Equilibrium Under Conditions of Risk” (Journal of Finance, September 1964) appeared after this paper was in final form and on its way to the printers. My first section, which parallels the first half of his paper (with corresponding conclusions), sets the algebraic framework for sections II, III and VI, (which have no counterpart in his paper) and for section IV on the equilibrium prices of risk assets, concerning which our results differ significantly for reasons which will be explored elsewhere. Sharpe does not take up the capital budgeting problem developed in section V below.] (1975)Changing perceptions on PPP games: Demand risk in Irish roads (2013)Financing infrastructure – International trends (2014)Critical Factors on the Capital Structure of Public–Private Partnership Projects: A Sustainability Perspective (2018)An equilibrium characterization of the term structure (1977)A Theory of the Term Structure of Interest Rates (1985)A survey of current cost estimating practices in the UK (2000)Project management in construction (2007)Principles of Project Finance (2014)Application of novel hybrid deep learning architectures combining Convolutional Neural Networks (CNN) and Recurrent Neural Networks (RNN): construction duration estimates prediction considering preconstruction uncertainties (2024)11 Stabilization and Savings Funds for Nonrenewable Resources: Experience and Fiscal Policy Implications (2003)Fiscal Policy Formulation and Implementation in Oil-Producing Countries (2003)Institutional Quality and International Trade (2007)The Cost of Capital, Corporation Finance and the Theory of Investment (1958)Credit Rationing in Markets with Imperfect Information (1981)Return of the state? An appraisal of policies to enhance access to credit for infrastructure-based PPPs (2014)A Comparative Analysis and Evaluation of Specialist PPP Units’ Methodologies for Conducting Value for Money Appraisals (2016)Risk pricing inefficiency in public–private partnerships (2017)
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  • 2022Carbon contracts-for-difference: How to de-risk innovative investments for a low-carbon industry?67 cited
  • 2013Does the private sector receive an excessive return from investments in health care infrastructure projects? Evidence from the UK64 cited
  • 2012An Evaluation of the Projected Returns to Investors on 10 PFI Projects Commissioned by the National Health Service51 cited
  • 2018Cash Flow Management of Construction Projects in Saudi Arabia41 cited
  • 2009Offtaking agreements and how they impact the cost of funding for project finance deals40 cited
  • 2018Project Finance for Africa’s Construction Sector: Can Stabilization Funds Work?37 cited
  • 2016Valuation of strategic options in public–private partnerships33 cited
  • 2013Risk analysis with contractual default. Does covenant breach matter?25 cited

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