2013 Fiscal Year Final Research Report
Theoretical Rationality and Empirical Implications of Nonrecourse Financing
Project/Area Number |
23530217
|
Research Category |
Grant-in-Aid for Scientific Research (C)
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Allocation Type | Multi-year Fund |
Section | 一般 |
Research Field |
Economic theory
|
Research Institution | Kyoto University |
Principal Investigator |
OSANO Hiroshi 京都大学, 経済研究所, 教授 (90152462)
|
Project Period (FY) |
2011 – 2013
|
Keywords | ノンリコース・ファイナンシング / 証券化 / LBO / プロジェクト・ファイナンス / ホールドアップ問題 |
Research Abstract |
I analyzed the theoretical foundation of nonrecourse financing. This financing consists of securitization, leveraged buyout, and project finance and so on. I build a comprehensive mode that deals with these financing unifiedly, and show the rationality of these finacing under certain conditions.
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