Governance Impact on Private Investment: Evidence from the International Patterns of Infrastructure Bond Risk Pricing
AbstractThis paper uses international cross-sectional and time-series infrastructure bond risk premium and credit rating history data from the past decade to examine the factors that influence investor risk perceptions and that inflate the cost of borrowing for essential infrastructure. The information thus generated abut key governance risks is then analyzed for its policy implications.
Download InfoTo our knowledge, this item is not available for download. To find whether it is available, there are three options:
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
Bibliographic InfoPaper provided by World Bank - Technical Papers in its series Papers with number 488.
Length: 79 pages
Date of creation: 2000
Date of revision:
CAPITAL MARKET ; INVESTMENTS ; RISK ; BONDS;
Find related papers by JEL classification:
- G24 - Financial Economics - - Financial Institutions and Services - - - Investment Banking; Venture Capital; Brokerage
- G19 - Financial Economics - - General Financial Markets - - - Other
- G18 - Financial Economics - - General Financial Markets - - - Government Policy and Regulation
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Jean-Francois Arvis & Ronald E. Berenbeim, 2003. "Fighting Corruption in East Asia : Solutions from the Private Sector," World Bank Publications, The World Bank, number 14749, July.
- Nenova, Tatiana, 2006. "Takeover laws and financial development," Policy Research Working Paper Series 4029, The World Bank.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Thomas Krichel).
If references are entirely missing, you can add them using this form.