{"id":"https://openalex.org/W2016023641","doi":"https://doi.org/10.1007/bf02408406","title":"Optimality of project financing: Theory and empirical implications in finance and accounting","display_name":"Optimality of project financing: Theory and empirical implications in finance and accounting","publication_year":1991,"publication_date":"1991-01-01","ids":{"openalex":"https://openalex.org/W2016023641","doi":"https://doi.org/10.1007/bf02408406","mag":"2016023641"},"language":"en","primary_location":{"id":"doi:10.1007/bf02408406","doi":"https://doi.org/10.1007/bf02408406","is_oa":false,"landing_page_url":"https://doi.org/10.1007/bf02408406","pdf_url":null,"source":{"id":"https://openalex.org/S62110574","display_name":"Review of Quantitative Finance and Accounting","issn_l":"0924-865X","issn":["0924-865X","1573-7179"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-b","anvur-class-a","anvur-scientific","cwts-core","fnege-3","jufo-1","norway-1","poland-70","russia-white-list-2","vabb-shw"],"host_organization":"https://openalex.org/P4310319900","host_organization_name":"Springer Science+Business Media","host_organization_lineage":["https://openalex.org/P4310319900","https://openalex.org/P4310319965"],"host_organization_lineage_names":["Springer Science+Business Media","Springer Nature"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Review of Quantitative Finance and Accounting","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5019877204","display_name":"Teresa A. John","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I57206974","display_name":"New York University","ror":"https://ror.org/0190ak572","country_code":"US","type":"education","lineage":["https://openalex.org/I57206974"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Teresa A. John","raw_affiliation_strings":["Leonard N. Stern School of Business, New York University, 10003, New York, NY","Leonard N, Stern School of Business, New York University, New York"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Leonard N. Stern School of Business, New York University, 10003, New York, NY","institution_ids":["https://openalex.org/I57206974"]},{"raw_affiliation_string":"Leonard N, Stern School of Business, New York University, New York","institution_ids":["https://openalex.org/I57206974"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5028916297","display_name":"Kose John","orcid":"https://orcid.org/0000-0003-2854-7545","observed_orcids":["https://orcid.org/0000-0003-2854-7545"]},"institutions":[{"id":"https://openalex.org/I57206974","display_name":"New York University","ror":"https://ror.org/0190ak572","country_code":"US","type":"education","lineage":["https://openalex.org/I57206974"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Kose John","raw_affiliation_strings":["Leonard N. Stern School of Business, New York University, 10003, New York, NY","Leonard N, Stern School of Business, New York University, New York"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Leonard N. Stern School of Business, New York University, 10003, New York, NY","institution_ids":["https://openalex.org/I57206974"]},{"raw_affiliation_string":"Leonard N, Stern School of Business, New York University, New York","institution_ids":["https://openalex.org/I57206974"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":[],"corresponding_institution_ids":["https://openalex.org/I57206974"],"apc_list":{"value":3190,"currency":"USD","value_usd":3190},"apc_paid":null,"fwci":4.4349,"has_fulltext":false,"cited_by_count":87,"citation_normalized_percentile":{"value":0.9431021,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":89,"max":99},"biblio":{"volume":"1","issue":"1","first_page":"51","last_page":"74"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":0.7651000022888184,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":0.7651000022888184,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11976","display_name":"Capital Investment and Risk Analysis","score":0.18960000574588776,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12123","display_name":"Financial Analysis and Corporate Governance","score":0.008899999782443047,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/project-finance","display_name":"project financing","score":0.9810000061988831},{"id":"https://openalex.org/keywords/private-placements","display_name":"private placements","score":0.6880000233650208},{"id":"https://openalex.org/keywords/agency-costs","display_name":"agency costs","score":0.6510000228881836},{"id":"https://openalex.org/keywords/underinvestment","display_name":"underinvestment","score":0.9739999771118164},{"id":"https://openalex.org/keywords/tax-shields","display_name":"tax shields","score":0.8820000290870667},{"id":"https://openalex.org/keywords/optimal-leverage","display_name":"optimal leverage","score":0.5730000138282776},{"id":"https://openalex.org/keywords/capital-structure","display_name":"capital structure","score":0.7599999904632568},{"id":"https://openalex.org/keywords/business-start-up","display_name":"startups","score":0.6610000133514404},{"id":"https://openalex.org/keywords/venture-capital-investment","display_name":"venture financing","score":0.3019999861717224}],"concepts":[{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.746605634689331},{"id":"https://openalex.org/C80515813","wikidata":"https://www.wikidata.org/wiki/Q1134763","display_name":"Corporate finance","level":2,"score":0.6829589605331421},{"id":"https://openalex.org/C2780278329","wikidata":"https://www.wikidata.org/wiki/Q182590","display_name":"Project finance","level":2,"score":0.6747244000434875},{"id":"https://openalex.org/C149933338","wikidata":"https://www.wikidata.org/wiki/Q950816","display_name":"Capital structure","level":3,"score":0.6591900587081909},{"id":"https://openalex.org/C153083717","wikidata":"https://www.wikidata.org/wiki/Q6535263","display_name":"Leverage (statistics)","level":2,"score":0.6288769245147705},{"id":"https://openalex.org/C36673458","wikidata":"https://www.wikidata.org/wiki/Q392896","display_name":"Agency cost","level":4,"score":0.6023048758506775},{"id":"https://openalex.org/C2992672087","wikidata":"https://www.wikidata.org/wiki/Q3196867","display_name":"Debt financing","level":3,"score":0.5970300436019897},{"id":"https://openalex.org/C47702881","wikidata":"https://www.wikidata.org/wiki/Q1303118","display_name":"Internal financing","level":3,"score":0.570722758769989},{"id":"https://openalex.org/C120527767","wikidata":"https://www.wikidata.org/wiki/Q3196867","display_name":"Debt","level":2,"score":0.5586599707603455},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.4814388155937195},{"id":"https://openalex.org/C117131394","wikidata":"https://www.wikidata.org/wiki/Q17141900","display_name":"Tax shield","level":5,"score":0.4521125555038452},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.4194689095020294},{"id":"https://openalex.org/C100001284","wikidata":"https://www.wikidata.org/wiki/Q2248246","display_name":"Public economics","level":1,"score":0.11892303824424744},{"id":"https://openalex.org/C551662922","wikidata":"https://www.wikidata.org/wiki/Q2346630","display_name":"Tax reform","level":2,"score":0.09912139177322388},{"id":"https://openalex.org/C172008318","wikidata":"https://www.wikidata.org/wiki/Q3683077","display_name":"Gross income","level":4,"score":0.0},{"id":"https://openalex.org/C39389867","wikidata":"https://www.wikidata.org/wiki/Q380767","display_name":"Corporate governance","level":2,"score":0.0},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.0},{"id":"https://openalex.org/C74939039","wikidata":"https://www.wikidata.org/wiki/Q7603703","display_name":"State income tax","level":3,"score":0.0},{"id":"https://openalex.org/C119857082","wikidata":"https://www.wikidata.org/wiki/Q2539","display_name":"Machine learning","level":1,"score":0.0},{"id":"https://openalex.org/C120757647","wikidata":"https://www.wikidata.org/wiki/Q381136","display_name":"Shareholder","level":3,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1007/bf02408406","doi":"https://doi.org/10.1007/bf02408406","is_oa":false,"landing_page_url":"https://doi.org/10.1007/bf02408406","pdf_url":null,"source":{"id":"https://openalex.org/S62110574","display_name":"Review of Quantitative Finance and Accounting","issn_l":"0924-865X","issn":["0924-865X","1573-7179"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-b","anvur-class-a","anvur-scientific","cwts-core","fnege-3","jufo-1","norway-1","poland-70","russia-white-list-2","vabb-shw"],"host_organization":"https://openalex.org/P4310319900","host_organization_name":"Springer Science+Business Media","host_organization_lineage":["https://openalex.org/P4310319900","https://openalex.org/P4310319965"],"host_organization_lineage_names":["Springer Science+Business Media","Springer Nature"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Review of Quantitative Finance and Accounting","raw_type":"journal-article"}],"best_oa_location":null,"sustainable_development_goals":[],"sustainable_development_goals_aurora":[{"score":0.5199999809265137,"display_name":"Partnerships for the goals","id":"https://metadata.un.org/sdg/17"}],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":18,"referenced_works":["https://openalex.org/W21204605","https://openalex.org/W198814209","https://openalex.org/W1579112106","https://openalex.org/W1983039233","https://openalex.org/W1993156302","https://openalex.org/W2000578291","https://openalex.org/W2016047035","https://openalex.org/W2017433175","https://openalex.org/W2054235992","https://openalex.org/W2077257927","https://openalex.org/W2078310870","https://openalex.org/W2109380449","https://openalex.org/W2161364128","https://openalex.org/W2324882973","https://openalex.org/W2747531703","https://openalex.org/W2752617332","https://openalex.org/W4230950302","https://openalex.org/W4406994877"],"related_works":["https://openalex.org/W2161364128","https://openalex.org/W3142224773","https://openalex.org/W1995308013","https://openalex.org/W4206357733","https://openalex.org/W1964337500","https://openalex.org/W2167572400","https://openalex.org/W4410307272","https://openalex.org/W2558763902","https://openalex.org/W7005953646","https://openalex.org/W2247824164"],"abstract_inverted_index":null,"counts_by_year":[{"year":2026,"cited_by_count":2},{"year":2025,"cited_by_count":1},{"year":2024,"cited_by_count":2},{"year":2023,"cited_by_count":5},{"year":2022,"cited_by_count":4},{"year":2021,"cited_by_count":4},{"year":2020,"cited_by_count":1},{"year":2019,"cited_by_count":1},{"year":2018,"cited_by_count":5},{"year":2017,"cited_by_count":9},{"year":2016,"cited_by_count":5},{"year":2015,"cited_by_count":2},{"year":2014,"cited_by_count":1},{"year":2013,"cited_by_count":3},{"year":2012,"cited_by_count":5}],"updated_date":"2026-10-12T09:40:04.860316","created_date":"2016-06-24T00:00:00"}