The rule and method of risk allocation in project finance
The nature of project finance is risk allocation. Effective risk allocation can improve project performances. The rule of effective risk allocation in project finance is that risk is mostly allocated to the participants whose risk tolerance is high. However, during the risk allocation of actual project finance, the participants degree of risk tolerance is very abstract and difficult to be measured. According to the elements of risk allocation, the method and procedure of risk allocation is put forward in this study based on the rule of risk allocation in project finance. The rule and method of risk allocation proposed in this paper could serve as a guide for the development of project finance on theory and practice in China.
rule method risk allocation project finance
Wu Shen-fa Wei Xiao-ping
School of Management, China University of Mining & Technology, Xuzhou 221116, China
国际会议
The 6th International Conference on Mining Science & Technology ICMST 2009(第六届国际矿业科学技术大会)
徐州
英文
1-7
2009-10-18（万方平台首次上网日期，不代表论文的发表时间）