This paper examines the inter‐relationship between profitability, cost of capital and capital
structure among property developers and contractors in Hong Kong. Whilst major …

Employing the panel data methodology, we examine the capital structure determinants of 83
property companies quoted in the UK. The empirical test reveals how the debt‐equity …

Given the magnitude of investment needs into low-carbon power generation, the availability
and cost of capital is crucial for successful energy transitions. Recently, a strong increase of …

We show that the incentive for managers to build their reputations distorts firms' investment
policies in favor of relatively safe projects, thereby aligning managers' interests with those of …

Project Finance in Theory and Practice: Designing, Structuring, and Financing Private and
Public Projects, Fourth Edition provides essential, core coverage of project finance, offering …

Public private partnerships (PPP) are long lasting contracts, generally involving large sunk
investments, and developed in contexts of great uncertainty. If uncertainty is taken as an …

A timely update to one of the most well-received books on project financing As an effective
alternative to conventional direct financing, project financing has become one of the hottest …

This article presents two alternative explanations for the role of stars in motion pictures.
Either informed insiders signal project quality by hiring an expensive star, or stars capture …

Contemporary Financial Intermediation, 4th Edition by Greenbaum, Thakor, and Boot
continues to offer a distinctive approach to the study of financial markets and institutions by …

This paper develops a model in which managers can signal their firms' true values by using
either a dividend or a stock repurchase or both. The authors explain a number of stylized …