This page contains six sections:
1) Project Finance
Overviews and Theoretical Articles
4) Managing Project Risk
Projects and Legal Issues
Note: The icons below link to either
a full text article in ProQuest Research Library (available to Harvard
Business School users
only) or in a HOLLIS e-journal (available to Harvard University users only), or to the Baker
Online Catalog record which shows the item's location in Baker Library and
indicates whether or not the item is available.
1) Project Finance Overviews and
Brealey, R.A., I. A. Cooper, and M.A.
1996, Using Project Finance to Fund Infrastructure Investments, Journal
of Applied Corporate Finance 9:3, pp. 25-38.
Buckley, A., 1996, Project Finance, appears
in International Capital Budgeting, Chapter 14, pp. 335-363, Prentice
Chemmanur, T.J., and K. John, 1996, Optimal
Incorporation, Structure of Debt Contracts, and Limited-Recourse Project
Financing, Journal of Financial Intermediation 5: 372-408.
Clifford Chance, 1991, Project Finance,
London, U.K. (February).
B.C., and I. Christov, 2002, Recent Trends in Project Finance:
A 5-Year Perspective, Project Finance International,
Special 10th Anniversary Issue, Issue #249, September 18, pp.
Esty, B.C., 2002, Returns on
Project-Financed Investments: Evolution and Managerial Implications,
Journal of Applied Corporate Finance, Spring, pp. 71-86.
Fruhan, W. E., 1979, Freeport Minerals Company,
appears in Financial Strategy, Chapter 5, Irwin (Homewood, Illinois).
Hoffman, Scott L., 1989, A Practical Guide
to Transactional Project Finance: Basic Concepts, Risk
Identification, and Contractual Considerations, The Business Lawyer,
Vol. 45, No. 1, pp. 181-232.
John, T.A., 1991, Optimality of Project
Financing: Theory and Empirical Implications in Finance and Accounting,
Review of Quantitative Finance and Accounting, 1:51-74.
Kensinger, J.W., and J.D. Martin, 1988,
Project Finance: Raising Money the Old-Fashioned Way, Journal of Applied
Corporate Finance, Fall, pp. 69-81.
Scheinkestel, N.L., 1997, The Debt-Equity Conflict: Where does Project Financing Fit?
Journal of Banking and Finance Law and Practice. Vol. 8 (2), pp. 103-124.
Shah, S., and Thakor, A. V., 1987, Optimal
Capital Structure and Project Financing, Journal of Economic Theory,
Smith, R. C. and I. Walter, Global Financial
Services: Strategies for Building Competitive Strengths, in International
Commercial and Investment Banking (New York: Harper Business, 1990),
chapter 9, pp. 214-219.
Worenklein, J.J., 2003, The Global Crises
in Power and Infrastructure: Lessons Learned and New Directions, The
Journal of Structured and Project Finance, Spring, Vol. 9, No. 1,
Wynant, L., 1980, Essential Elements of
Project Finance, Harvard Business Review, May-June, pp. 165-173.
2) Structuring Projects:
Auerback, Raymond M., 1993, Governing Law
Issues in International Financial Transactions, The International
Lawyer, Vol. 27, No. 3, pp. 303-316.
T.S., J.J. Emery, M.T. Spence, Jr., and L.T. Wells, Jr., 2000,
Administrative Barriers to Foreign Investment:
Reducing Red Tape in Africa, Foreign Investment Advisory Service,
Occasional Paper No. 14, International Finance Corporation-Multilateral
Investment Guarantee Agency, Washington, D.C.
J.P., and B.S. Neuhausen, 2003, Is my SPE a VIE Under FIN46 and, if so,
Journal of Structured and Project Finance, Vol. 9, No. 3
(Fall), pp. 24-28.
D., Kahn, N., and D. Armstrong, 2000, Leasing in Project Finance,
Journal of Project Finance, Spring, pp. 21-31.
Michael, 1998, Bidding
for Concessions--The Impact of Contract Design, Viewpoint Note No.
158, The World Bank Group, November.
Michael, Jae So, and Ben Shin, 1996, Transaction
Costs in Private Infrastructure Projects--Are They Too High?,
Viewpoint Note No. 95, The World Bank Group, October.
Lyonnet du Moutier, Michel, 2010, Financing the Eiffel Tower:
Project Finance and Agency Theory, Journal of Applied Finance,
Issue #1, pp. 127-141.
McPhail, Kathryn, and Aidan Davy, 1998,
Integrating Social Concerns into Private Sector Projects, World Bank
Discussion Paper No. 384, World Bank, Washington, DC.
Penrose, James F., 1996, Special-Purpose Entities in Project Finance
Transactions, Journal of Project Finance, Fall, PP. 58-66.
Pfeffermann, Guy, 2000, Paths
Out of Poverty: The Role of Private Enterprise in Developing
Countries, International Finance Corporation (IFC), Washington, DC.
Rosenberg, William G., Dwight C. Alpern, and
Michael R. Walter, 2004,
Deploying IGCC in This Decade With 3Party Covenant Financing, (a
study on the economics of Integrated Gasification Combined Cycle (IGCC)
coal generation technology), Volumes I and II, July.
Sahlman, W.A., 1988, Aspects of Financial
Contracting in Venture Capital, Journal of Applied Corporate Finance,
Summer, Vol. 1, No. 2, pp. 23-36.
Scheinkestel, Nora L., 1997, The
Debt-Equity Conflict: Where Does Project Financing Fit? Journal
of Banking and Finance Law and Practice, Vol. 8, pp. 103-124.
Meir, and David Caldwell, 1987, Applying Behavioral Finance to Capital
Budgeting: Project Terminations, Financial Management 16,
No. 4, Winter, pp. 7-15.
Meir, and James F. Sepe, 1989, Project Termination Announcements and the
Market Value of the Firm, Financial Management 18, No. 4, Winter,
Tinsley, Richard, 1985, Project Finance Supports and
Structuring, Finance for the Minerals Industry, Society
for Mining Engineers, C.R. Tinsley et al. (Eds), New York, Paper
11.4, pp. 549-558.
3) Valuing Projects:
Ang, J.S., and T. Lai, 1989, A Simple
Rule for Multi-national Capital Budgeting, Global Finance Journal
1, pp. 71-75.
and L.E.D. Smith, 1999, Refining the Use of Monte Carlo Techniques for
Risk Analysis in Project Planning, The Journal of Development Studies,
Vol. 26, No. 2, pp. 113-135.
S. Gatti, and L. Peccati, 2010, What Drives Value Creation in Investment
Projects? An Application of Sensitivity Analysis to Project
Finance Transactions, European Journal of Operational Research,
Summer, Vol. 205, pp. 227-236.
and Ding Lun Lee, 2004, Project Evaluation in the Presence of Multiple
Embedded Real Options: Evidence From the Taiwan High-Speed Rail Project,
Journal of Asian Economics, Vol. 15, Issue 1, February, pp.
and A.E. Smith, 2003, Economic Valuation of Capital Projects Using
Neural Network Metamodels, The Engineering Economist, Vol. 48,
No. 1, pp. 1-30.
Stefano, Stefano Gatti, and Antonio Marciante, 2009, EPricing Final
Indemnification Payments to Private Sponsors in Project-Financed
Public-Private Partnerships: An Application of Real Options
Valuation, Journal of Applied Corporate Finance, Summer, pp.
Flyvbjerg, B., M.K. Holm, and S.L. Buhl,
2002, Underestimating Costs in Public Works Projects: Error or Lie, Journal
of the American Planning Association, Vol. 68, No. 3, Summer, pp.
Esty, B.C., 1999,
Improving Techniques for Valuing Large-Scale Projects, Journal of Project Finance, Spring.
Fowkes, D., N. Kahn, and D. Armstrong,
2000, Leasing in Project Financing, Journal of Project Finance,
Spring, pp. 21-31.
Imai, J., and M. Nakajima, 2001, A Real
Option Analysis of an Oil Refinery Project, Financial Practice and
Education, Fall/Winter, pp. 78-91.
Karmokolias, Yannis, 1996, Cost
Benefit Analysis of Private Sector Environmental Investments: A
Case Study of the Kunda Cement Factory, International Finance Corporation
(IFC) Discussion Paper #30, Washington, DC, June.
Kopelic, S.A., and D. S. Fogel, 1996,
Project and Investment Valuation with Regards to Emerging Markets, Katz
Graduate School of Business, University of Pittsburgh, case #298-001,
available through ECCH
Y., and Michael E. Venezia, 2000, A
Primer on Bardy Bonds, SalomonSmithBarney, Fixed Income Research
Lessard, Donald R., 1979, Evaluating
Foreign Projects--An Adjusted Present Value Approach, MIT Working Paper
and Daniel Kahneman, 2003, Delusions of Success: How Optimism
Undermines Executives' Decisions, Harvard Business Review, July.
Mason, S.P., and C.Y. Baldwin, 1988,
Evaluation of Government Subsidies to Large-Scale Energy Projects, Advances
in Futures and Options Research 3, pp. 169-181.
S.P., and R.C. Merton, 1985, The Role of Contingent Claims Analysis in
Corporate Finance, (see the application of contingent claims analysis to
a pipeline project in the appendix) in Recent Advances in Corporate
Finance, E.I. Altman and M.G. Subrahmanyam, eds., Richard D. Irwin
R.C., and Z. Bodie, 1992, On the Management of Financial Guarantees, Financial Management, Winter,
Mody, Ashoka, and Dilip Patro, 1996, Methods
of Loan Guarantee Valuation and Accounting, The World Bank, research
Rose, S., 1998, Valuation of
Interacting Real Options in a Toll Road Infrastructure Project, Quarterly
Review of Economics and Finance 38, 711-723.
Savvides, S., 1994, Risk Analysis in Investment Appraisal,
Project Appraisal Journal, Vol. 9, No. 1, March, pp. 3-18.
Smit, H.T.J., 1997, Investment
of Offshore Concessions in the Netherlands, Financial Management
26, Summer, pp. 5-17.
Smit, Han T.J.,
and Lenos Trigeorgis, 2009, Valuing INfrastructure Investment: An
Option Games Approach, California Management Review 51:2, Winter, pp. 5-17.
Triantis, Alexander, 2000, Valuation
of Option Features in Project Finance, World Bank Institute, (Powerpoint
Wachs, M., 1990, Ethics and Advocacy in
Forecasting for Public Policy, Business & Professional Ethics
Journal, Vol. 9, Nos. 1 & 2, Spring/Summer, pp. 141-157.
Wells, L. T., 1975,
Analysis for MNCs, Harvard Business Review, March/April, pp. 40-154.
White, D.E., R.S. Poats, and M.J. Borchi,
2000, The Role of Volatility Value in Power Plant Financing,
Journal of Project Finance, Summer, pp. 23-31.
Wooldridge, S.C, M.J. Garvin, Y.J. Cheah,
and J.B. Miller, 2002, Valuing Flexibility in Private Toll Road
Development: Analysis of the Dulles Greenway, The Journal of
Project and Structured Finance, Winter, pp. 25-36.
4) Managing Project Risk:
2009, Toll Road Traffic & Revenue Forecasts: An Interpreter's
Robert, and Jan Willem Plantagie, 2007,
The Anatomy of Construction
Risk: Lessons From a Millennium of PPP Experience, Infrastructure
Finance, Standard & Poor's Research Report,
R., and L. Polakovic, 2005,
Traffic Forecasting Risk Study Update 2005: Through Ramp-up and
Beyond, Standard & Poor's Research Report--Corporates,
R., and M. Wilkins, 2002, Road Risk, ProjectFinance Transport Report,
September, pp. 2-5.
Banerjee, S., and T. Noe, 2002, Exotics and
Electrons: Electric Power Crises and Financial Risk Management, Tulane University
working paper. January.
C., M. Chatain, N. Fox, S. Bell, J. Berner, R. Preminger, and J. Prins,
2002, Credit Attributes of Project Finance, Journal of Structured and
Project Finance, Fall, Vol. 8, No. 3, pp. 5-9.
Veronica, Stefano Caselli, and Stefano Gatti, 2010, Offtaking Agreements
and How They Impact the Cost of Funding for Project Finance Deals:
A Clinical Case Study of the Quezon Power Ltd. Co., Review of
Financial Economics, Vol. 19, Issue 2, April, pp. 60-71.
Nicholas, 1993, Making Sense of Political Risk Insurance Policies, International
Financial Law Review, June, pp. 29-32.
Dailami, M., and R. Hauswald, 2001, Credit
Spread Determinants and Interlocking Contracts: A Clinical Study
of the Ras Gas Project, University of Maryland working paper,
Dell, J.C., W.
Streeter, et al., 2004, Rating Approach to Project Finance, Fitch
Ratings Criteria Report, August 12.
Dymond, C., and J. Schoenblum, 2002,
Targeted Risk Capital, Journal of Structured and Project Finance,
Vol. 8, No. 2 (Summer), pp. 32-39.
Principles: A voluntary set of guidelines developed by ten
leading banks for managing social and environmental issues related to
the financing of development projects. To download a copy of the
principles (pdf file), click
Estache, A., and J. Strong, 2000, The
Rise, the Fall, and...the Emerging Recovery of Project Finance in
Transport, World Bank Institute (Washington, DC), May.
Esty, B.C., 1999, Petrozuata: A Case
the Effective Use of Project Finance, 1999,
Journal of Applied Corporate
Finance, Vol. 12, No. 3, Fall, pp. 26-42.
Fortin, R. Jay, 1995, Defining Force
Majeure, Project and Trade Finance, Euromoney Publication, January.
Froot, K.A., D.S. Scharfstein, and J.C.
Framework for Risk Management, Harvard Business Review,
November/December, pp. 91-102.
Stefano, Alvaro Rigamonti, Francesco Saita, and Mauro Senati, 2006,
Measuring Value-at-Risk in Project Finance Transactions, European
Financial Management, Volume 13, No. 1.
Gray, Philip, and Timothy Irwin, 2003, Exchange
Rate Risk, Public Policy for Private Infrastructure, The World Bank
Group, Note #262, June.
Gray, Philip, and Timothy Irwin, 2003,
Rate Risk: Allocating Exchange Rate Risk in Private Infrastructure
Projects, Public Policy for Private Infrastructure, The World Bank
Group, Note #266, December.
Headley, J.S., and P. Tufano, 1994,
Manage Risk?, Harvard Business School case study #9-294-107.
International Finance Corporation, 1999,
Mitigating Major Project Risks, Chapter 4 in Project Finance in
Developing Countries, Lessons from Experience #7 (Washington, DC).
International Finance Corporation (IFC, a
member of the World Bank Group), Policy
on Environmental Assessment (OP 4.01, October 1998).
International Finance Corporation (IFC, a
member of the World Bank Group), Policy
on Indigenous Peoples (OP 4.20, September 1991). An Operational
Directive from the World Bank Operational Manual.
M., and K. de Bartolomé, 1996, Risk Allocation, Journal of Project
Finance, Vol. 2, No. 2 (Summer), pp. 19-28.
R., and M. J.R. Wouters, 2002, Default Risk in Project Finance, Journal
of Structured and Project Finance, Fall, Vol. 8, No. 3, pp. 10-21.
D.H., and V.J.Truglia, 2002, Revised Country Ceiling Policy, Moody's
Sourcebook: Project & Infrastructure Finance, (original
article published June 2001), December, pp. xci-xcii.
Marshella, Tom, 2001, Three R's:
Risk, Return, Rating, ProjectFinance Magazine, Latin America
Report, June, pp. 5-8.
Marti, Stephan, and Lowell Keith, 2000,
Cash Flow Volatility as Opportunity: Adding Sophisticated Insurance
Capital to the Project Finance Mix, Journal of Project Finance, Fall,
Matsukawa, Tomoko, Robert Sheppard, and
Joseph Wright, 2003, Foreign
Exchange Risk Mitigation for Power and Water Projects in Developing
Countries, The World Bank Group, Energy and Mining Sector Board
Discussion Paper #9, December.
Miller, R., and D. Lessard,
2000, Understanding and Managing Risks in Large Engineering Projects, International
Journal of Project Management, 19, no. 8, pp. 437-443.
2006, Force Majeure in Projects: A Comparative and
Practical Analysis of Risk Allocation, The Journal of Structured
Finance, Summer, pp. 76-97.
Investors Service, 2010,
Default and Recovery Rates for Project Finance Bank Loans, 1983-2008,
Global Project Finance, Report #123903 (October
Moody's Corporation, 2000, Heightened
Construction Risk for Complex Projects: Welcome to the Billion Dollar
Club!, February, in Moody's Project Finance Sourcebook (October
2000, pp. 146-154).
Moran, Theodore H., 1973,
Transnational Strategies of Protection and Defense by Multinational
Corporations: Spreading the Risk and Raising the Cost for
Nationalization in Natural Resources, International Organization, Vol. 27, No.
3, Spring, pp. 273-287.
Penrose, J., and P. Rigby, 2000, Debt
Rating Criteria for Energy, Industrial, and Infrastructure Project
Finance, Standard & Poor's: 2000-2001 Infrastructure
Finance: Criteria and Commentary, October, pp. 15-65.
Penrose, J., and P. Rigby, 2002, Project
Finance Summary Debt
Rating Criteria, Standard & Poor's: 2002-2003 Project and Infrastructure
Finance Review: Criteria and Commentary, October, pp. 19-32.
Karen, 1999, Mitigating
Currency Convertibility Risks in High-Risk Countries,
Viewpoint Note No. 180, The World Bank Group, April.
2004, When Projects Fail: 10 Years of Rated PRoject Finance Debt
at Standard & Poor's, Standard & Poor's Credit Research, July 21, 2004.
Rigby, P.N., 1999, Merchant Power:
Project Finance Criteria, Standard & Poor's: 1999 Infrastructure
Finance Criteria and Commentary, October, pp. 24-39.
Jeff, 1996, Mitigating
Commercial Risks in Project Finance, Viewpoint Note No. 69, The
World Bank Group, Public Policy for the
A Retrospective on the Mexican Toll Road Program (1989-94), The
World Bank Group, Public Policy for the Private Sector, Note No.
and Blaise Gadanecz, 2004,
The Term Structure of Credit Spreads in Project Finance, Bank for
International Settlements (BIS) Working Paper No. 159, August.
& Poor's, Infrastructure
Finance: Traffic Forecasting Risk: Study Update 2004 (October
19, 2004, by Robert Bain and Jan Willem Plantagie).
& Poor's, Infrastructure
Finance: Traffic Risk in Start-up Toll Facilities (September
2002, by Robert Bain and Michael Watkins); and Traffic
Forecasting Risk: Study Update 2003 (November 6, 2003, by
Robert Bain and Jan Willem Plantagie).
W., J. Zeppieri, and J. Celio, 1998, Rating
Public Sector Infrastructure Projects in Emerging Markets, Fitch
IBCA Special Report (Criteria Reports), 10/16/98.
W., G. Cherian, and S. Trommer, 2003, Redefining Toll Roads: An
American Challenge, FitchRatings Special Report, 3/4/03.
Richard, 1991, Structuring Risk in Project Finance: The Case of the
Kutubu Petroleum Development, Applied Finance for Natural
Resources, United Nations, Proceedings of the Interregional
Seminar, UN Dept. of Technical Cooperation and Economic and Social
Commission for Asia and the Pacific, Bangkok, Thailand, 9-14 December
1991, Paper 4.3, pp. 163-180
R., Pacific Rim Collateral Security Laws:
What Happens When the Project Goes Wrong?, Stanford Journal of
Law, Business and Finance, 115 (1999), 115-147.
Wells, L.T., and E. Gleason, 1995,
Foreign Infrastructure Investment Still Risky?, Harvard Business Review,
Reprint 95511, September/October, pp. 1-12.
West, G., 1996, Managing
Project Political Risk: The Role of Investment Insurance, Journal of Project Finance, Winter, pp. 5-11.
World Bank, 1998, The
World Bank Guarantee: Catalyst for Private Capital Flows,
Project Finance and Guarantees Department.
2001, How Risk Management Creates Shareholder Value...(by lowering the
cost of debt and equity and increasing expected cash flows),
SalomonSmithBarney, Financial Strategy Group, 2/28/01.
R., C.Y.Chang, R. Biang, M. Hermans, and L. Monnier, 2005, Fitch's
Rating Approach to Mining Projects, FitchRatings Project Finance
Criteria Report, 1/13/05.
5) Financing Projects:
Bavaria, S.M., 2002, Syndicated
Loans--A Rated Market, at Last!, Standard & Poor's Corporation,
and S. Miller, 2003, A
Guide to the U.S. Loan Market, ("a detailed primer on the syndicated
loan market"), Standard & Poor's Corporation, October.
Borgonovo, E., and S. Gatti, 2013,
Risk Analysis With Contractual Default. Does Covenant Breach
Matter?, European Journal of Operations Research.
Castle, G.R., 1975, Project
Financing-Guidelines for the Commercial Banker, Journal of Commercial Bank Lending 57, April, pp.
Castle, 1986, North Sea Score Card, Society
of Petroleum Engineers (SPEE), Report #15358, October (reviews the
performance of North Sea projects).
and S. Gatti, and A. Steffanoni, 2010, Risk Shifting Through
Nonfinancial Contracts: Effects on Loan Spreads and Capital
Structure of Project Finance Deals, Journal of Money, Credit and
Banking, Vol. 42, No. 7, October, pp. 1295-1320.
Dailami, M., and R. Hauswald, 2003, The
Emerging Project Bond Market: Covenant Provisions and Credit Spreads,
World Bank Policy Research Working Paper #3095, July.
Devapriya, K.A.K, and H.W. Alfen, 2003,
Role of Institutional Arrangements in Financing Project Companies in Asia,
working paper, Bauhaus-Universität Weimar, October 2.
David, and Timothy Irwin, 2004,
Customer and Taxpayer Bailouts in Private Infrastructure Projects:
Policy Toward Leverage, Risk Allocation, and Bankruptcy, World Bank
Policy Research Working Paper #3274, April.
B.C., 2001, Structuring Loan Syndicates:
A Case Study of the Hong Kong Disneyland Project Loan, Journal
of Applied Corporate Finance, Volume 14, No. 3, pp. 80-95.
B.C., and W.L. Megginson, 2003, Creditor
Rights, Enforcement, and Debt Ownership Structure:
Evidence From the Global Syndicated Loan Market, Journal
of Financial and Quantitative Analysis, Vol. 38, No. 1, pp. 37-59.
Gregory, and Suman Babar, 1996,
Financing of Toll Roads, RMC Discussion Paper Series 117, The
World Bank, September
(Despite the cover page which says Fisher, the
first author's name is Fishbein).
Forrester, J. Paul, 1995, The Role of
Commercial Banks in Project Finance, Journal of Project Finance,
Summer, pp. 53-58.
James S., D.C. Champeau, J.Pitkanen, and D. McGirt, 2003, U.S. Sports
Facility Finance--Yesterday, Today, and Tomorrow, FitchRatings
Project Finance Special Report, 1/6/03.
Hainz, C., and S. Kleimeier, 2003, Political
Risk in Syndicated Lending: Theory and Empirical Evidence Regarding
the Use of Project Finance, Limburg Institute of Financial Economics,
LIFE Working Paper #03-014, June 20.
Harvin, D., J.C. Dell, L. Monnier, and C.Y.
Chang, 2003, Distressed
Project Debt: Strategies for Value, Fitch Ratings, Global
Project Finance Special Report, 11/14/03.
Harvin, D., M.
Hermans, M. McDermott, and L. Monnier, 2006,
Tailored Debt Structures: A Better Fit for Uncertain Cash Flows, Fitch Ratings,
Project Finance Special Report, 3/22/06.
INSOL International (International
Federation of Insolvency Professionals), Statement
of Principles for a Global Approach to Multi-Creditor Workouts,
Andrew, 2004, Asia Pacific Project Finance: Recent Credit Loss
Experience and Lessons to Be Learned, Journal of Structured and
Project Finance, Spring, Volume 10, No. 1, pp. 12-18.
Kleimeier, S., and Megginson, W.L., 2000,
Are Project Finance Loans Different from Other Syndicated Credits?, Journal
of Applied Corporate Finance, Spring.
Kunkle, J.W., J.L. Soltz, L. Monnier, and
C. Joassin, 2002, Layer
It On--The Essentials of Rating Project Subordinated Debt, Fitch
Ratings Criteria Report, 9/9/02.
McKeon, P., 1999,
High-Yield Debt: Broadening
the Scope of Project Finance, Journal of Project Finance, Fall,
Jörg, 2006, Basel II and Project Finance--The Development of a Basel
II-Conforming Rating Model, The Journal of Structured Finance,
Winter, Vol. 11, No. 4, pp. 84-95.
Parra, R.J., and M.F.K. Khan, 2001,
Layered Finance, Journal of Structured and Project Finance, Vol.
7, No. 3 (Fall), pp. 49-60.
Phillips, P. D., J.C. Groth, and R.M.
1979, Financing the Alaskan Project: The Experience at Sohio, Financial
Management, pp. 7-16.
Simpson, P., and N. Avery, 1995, The Role
of Capital Markets in Project Financings, Journal of Project Finance,
Spring, pp. 43-48.
The World Bank (Washington, DC), Principles
and Guidelines for Effective Insolvency and Creditor Rights Systems,
Projects and Legal Issues:
D., 2003, International
Arbitration and Project Finance in Developing Countries: Blurring
the Public/Private Distinction, Boston College International and
Comparative Law Review, Vol. 26, No. 2, pp. 355-384.
Kolo, A. and T. W. Wälde, 2000,
Renegotiation and Contract Adaptation in International Investment
Projects, Journal of World Investment, Vol. 5, pp. 5-57.
Riley, Hannah C., and James K. Sebenius,
1995, Stakeholder Negotiations Over Third World Natural Resource
Projects, Cultural Survival Quarterly, Vol. 19, Issue 3, pp.
Salacuse, Jeswald W., 2001, Renegotiating
International Project Agreements, Fordham International Law Journal,
Vol. 24, April, pp. 1319-1370.
Salter, M.S., and S. Hall, 1994, Block
16: Conoco's "Green" Oil Strategy (A, B, C, &
D), Harvard Business School Cases #394-001, #394-005, #394-006, and
#394-007. Examines Conoco's negotiations with the Ecuadorian
government in the development of a $600 million oil field project.
Negotiation Design for Large, Multistakeholder Projects,
Negotiation--Decision Making and Communication Strategies That Deliver
Results, Harvard Business School Publishing Newsletter, Note N0604B
Sebenius, J.K., and H.C. Riley, 1997, Stone
Container in Costa Rica (A & B), Harvard Business School Cases
#897-140 and #897-141.
Sebenius, J.K., and H.C. Riley, 1997, Stone
Container in Honduras (A & B), Harvard Business School Case
#897-172 and #897-173.
Wheeler, M., 2001, North East Solid Waste
(A, B, & C), Harvard Business School Cases #801-067, #801-068, and
#Draft. Negotiations surrounding the public-private partnership
for the construction and restructuring of a $200 million waste disposal
and Grant Hanessian, 2004, English and New York Law Compared, Project
Finance International, Issue #280, pp. 54-58, 1/8/04.