Abstract: In public-private partnership (PPP) projects, as the largest funds provider, financial institutions only supervise the cash flow in the project’s implementation stage. Since financial institutions are not involved in the ...

Abstract: In public–private partnership (PPP) projects, state-owned investors, with their administrative attributes, tend to be more concerned with their own face-saving (self-face) concerns, whereas private investors that partner ...

Abstract: The unreasonable distribution of control rights delaying project operating income and the extension of debt repayment periods incur the highest economic losses to financial institutions as the primary fund providers of ...

Abstract: The early termination of public–private partnerships (PPP) frequently occurs in large infrastructure projects. Studies have analyzed the issue of compensation arising from early termination; however, most have ignored ...