BOT项目的可控制风险研究

Abstract

Abstract: BOT is an investment mode that high revenue and high risk coexist in.Under the condition that project company is unable to grasp uncontrollable risk including political risk,commercial risk,inflation risk,etc,how to avoid controllable capital structure risk,completion risk and revenue risk,etc seems to be more important.Based on the requirement quantitatively deciding project company capital structure,this paper gives the relevant conditions of avoiding the controllable risks through analyzing participation constraint and repay ment constraint.

Key words: BOT, controllable risk, capital structure risk, revenue risk, completion risk

CLC Number:

F224.5

ZHAO Li-li, TAN De-qing, HUANG Qing. Research on Controllable Risk in BOT Projects[J]. Chinese Journal of Management Science, 2005, (5): 39-43.

References

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Research on Controllable Risk in BOT Projects

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