{"product_id":"risk-management-in-private-finance-initiative-projects-von-darinka-asenova","title":"Risk Management in Private Finance Initiative Projects","description":"\u003cp\u003eOver the last decade, the Private Finance Initiative  (PFI) has become preferred government option for the  provision of different services to the public.  In  PFI procurement, private companies take on the  obligation to build and manage a facility but  provide only a small fraction of the project''s  capital requirements.  Despite the considerable  amount of attention to various PFI related issues,  little research has been conducted on the risk  management practices of the financial institutions  in PFI procurement.  This book presents an  exploratory study of the risk management strategies  of financiers in PFI projects.  The study analyses  fourteen elite interviews with senior managers from  financial companies and four detailed case studies  which focus specifically on project risks and risk  management strategies.  The research concludes that  virtually all financiers utilise fairly standardised  and systematic risk management approaches, which  centre on contractual risk mitigation, and a  transfer of project risks to relevant parties.  The  market conditions post 2007-09 credit crunch present  all PFI participants, including the financiers with  new challenges and risks.\u003c\/p\u003e\u003cdiv class=\"aw-variant-hidden-subtitle-div\" id=\"aw-variant-subtitle-9783838327228\"\u003e\u003ch3\u003eRISK MANAGEMENT IN PRIVATE FINANCE INITIATIVE PROJECTS: THE ROLE OF FINANCIAL SERVICES PROVIDERS\u003c\/h3\u003e\u003c\/div\u003e","brand":"Autorenwelt Shop","offers":[{"title":"Softcover - 9783838327228","offer_id":39499030790237,"sku":"9783838327228","price":79.0,"currency_code":"EUR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0940\/0622\/files\/c26ed75e-9fdc-42ff-9821-2ccc5056f7af.jpg?v=1775629123","url":"https:\/\/shop.autorenwelt.de\/products\/risk-management-in-private-finance-initiative-projects-von-darinka-asenova","provider":"Autorenwelt Shop","version":"1.0","type":"link"}