{"id":"https://openalex.org/W4389800472","doi":"https://doi.org/10.1108/ijesm-07-2023-0020","title":"Risk perception as a barrier to renewable energy finance \u2013 a study of debt investors in the Indian context","display_name":"Risk perception as a barrier to renewable energy finance \u2013 a study of debt investors in the Indian context","publication_year":2023,"publication_date":"2023-12-15","ids":{"openalex":"https://openalex.org/W4389800472","doi":"https://doi.org/10.1108/ijesm-07-2023-0020"},"language":"en","primary_location":{"id":"doi:10.1108/ijesm-07-2023-0020","doi":"https://doi.org/10.1108/ijesm-07-2023-0020","is_oa":false,"landing_page_url":"https://doi.org/10.1108/ijesm-07-2023-0020","pdf_url":null,"source":{"id":"https://openalex.org/S161018996","display_name":"International Journal of Energy Sector Management","issn_l":"1750-6220","issn":["1750-6220","1750-6239"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-c","anvur-scientific","cwts-core","fnege-4","jufo-1","norway-1","poland-40","russia-white-list-2","vabb-shw"],"host_organization":"https://openalex.org/P4310319811","host_organization_name":"Emerald Publishing Limited","host_organization_lineage":["https://openalex.org/P4310319811"],"host_organization_lineage_names":["Emerald Publishing Limited"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"International Journal of Energy Sector Management","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/A5067972334","display_name":"Swarnalakshmi Umamaheswaran","orcid":"https://orcid.org/0000-0003-1140-3756","observed_orcids":["https://orcid.org/0000-0003-1140-3756"]},"institutions":[{"id":"https://openalex.org/I244572783","display_name":"Symbiosis International University","ror":"https://ror.org/005r2ww51","country_code":"IN","type":"education","lineage":["https://openalex.org/I244572783"]}],"countries":["IN"],"is_corresponding":false,"raw_author_name":"Swarnalakshmi Umamaheswaran","raw_affiliation_strings":["Symbiosis International (Deemed University) Symbiosis Institute of Business Management, , Bengaluru,","Symbiosis Institute of Business Management, Symbiosis International (Deemed University), Bengaluru, India"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Symbiosis International (Deemed University) Symbiosis Institute of Business Management, , Bengaluru,","institution_ids":[]},{"raw_affiliation_string":"Symbiosis Institute of Business Management, Symbiosis International (Deemed University), Bengaluru, India","institution_ids":["https://openalex.org/I244572783"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5064099598","display_name":"Vandita Dar","orcid":"https://orcid.org/0000-0003-4023-4437","observed_orcids":["https://orcid.org/0000-0003-4023-4437"]},"institutions":[{"id":"https://openalex.org/I244572783","display_name":"Symbiosis International University","ror":"https://ror.org/005r2ww51","country_code":"IN","type":"education","lineage":["https://openalex.org/I244572783"]}],"countries":["IN"],"is_corresponding":false,"raw_author_name":"Vandita Dar","raw_affiliation_strings":["Symbiosis International (Deemed University) Symbiosis Institute of Business Management, , Bengaluru,","Symbiosis Institute of Business Management, Symbiosis International (Deemed University), Bengaluru, India"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Symbiosis International (Deemed University) Symbiosis Institute of Business Management, , Bengaluru,","institution_ids":[]},{"raw_affiliation_string":"Symbiosis Institute of Business Management, Symbiosis International (Deemed University), Bengaluru, India","institution_ids":["https://openalex.org/I244572783"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5086320934","display_name":"John Ben Prince","orcid":"https://orcid.org/0000-0002-1727-2956","observed_orcids":["https://orcid.org/0000-0002-1727-2956"]},"institutions":[{"id":"https://openalex.org/I2802797706","display_name":"Prin. L. N. Welingkar Institute of Management Development and Research","ror":"https://ror.org/0368a2w96","country_code":"IN","type":"education","lineage":["https://openalex.org/I2802797706"]}],"countries":["IN"],"is_corresponding":false,"raw_author_name":"John Ben Prince","raw_affiliation_strings":["Prin LN Welingkar Institute of Management Development and Research \u2013 Bengaluru Campus , Bengaluru,","Prin LN Welingkar Institute of Management Development and Research \u2013 Bengaluru Campus, Bengaluru, India"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Prin LN Welingkar Institute of Management Development and Research \u2013 Bengaluru Campus , Bengaluru,","institution_ids":["https://openalex.org/I2802797706"]},{"raw_affiliation_string":"Prin LN Welingkar Institute of Management Development and Research \u2013 Bengaluru Campus, Bengaluru, India","institution_ids":["https://openalex.org/I2802797706"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5039967051","display_name":"Viswanathan Thangaraj","orcid":"https://orcid.org/0000-0002-0531-0169","observed_orcids":["https://orcid.org/0000-0002-0531-0169"]},"institutions":[{"id":"https://openalex.org/I244572783","display_name":"Symbiosis International University","ror":"https://ror.org/005r2ww51","country_code":"IN","type":"education","lineage":["https://openalex.org/I244572783"]}],"countries":["IN"],"is_corresponding":false,"raw_author_name":"Viswanathan Thangaraj","raw_affiliation_strings":["Symbiosis International (Deemed University) Symbiosis Institute of Business Management, , Bengaluru,","Symbiosis Institute of Business Management, Symbiosis International (Deemed University), Bengaluru, India"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Symbiosis International (Deemed University) Symbiosis Institute of Business Management, , Bengaluru,","institution_ids":[]},{"raw_affiliation_string":"Symbiosis Institute of Business Management, Symbiosis International (Deemed University), Bengaluru, India","institution_ids":["https://openalex.org/I244572783"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":2,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":3.9513,"has_fulltext":false,"cited_by_count":21,"citation_normalized_percentile":{"value":0.94378123,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":95,"max":100},"biblio":{"volume":"18","issue":"6","first_page":"1511","last_page":"1530"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T13146","display_name":"Sustainable Finance and Green Bonds","score":0.8539999723434448,"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"}},"topics":[{"id":"https://openalex.org/T13146","display_name":"Sustainable Finance and Green Bonds","score":0.8539999723434448,"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/T11976","display_name":"Capital Investment and Risk Analysis","score":0.07530000060796738,"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/T13331","display_name":"Energy and Environmental Sustainability","score":0.056299999356269836,"subfield":{"id":"https://openalex.org/subfields/2105","display_name":"Renewable Energy, Sustainability and the Environment"},"field":{"id":"https://openalex.org/fields/21","display_name":"Energy"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/risk-perception","display_name":"risk perception","score":0.9409999847412109},{"id":"https://openalex.org/keywords/renewable-energy-finance","display_name":"renewable energy financing","score":0.9240000247955322},{"id":"https://openalex.org/keywords/bankers-perceptions","display_name":"bankers' perceptions","score":0.578000009059906},{"id":"https://openalex.org/keywords/regulatory-risk","display_name":"regulatory risk","score":0.6840000152587891},{"id":"https://openalex.org/keywords/contract-risk","display_name":"contract risk","score":0.9810000061988831},{"id":"https://openalex.org/keywords/technology-risk","display_name":"technological risk","score":0.8109999895095825},{"id":"https://openalex.org/keywords/infrastructure-projects","display_name":"infrastructure projects","score":0.4519999921321869},{"id":"https://openalex.org/keywords/emerging-markets","display_name":"emerging markets","score":0.5860000252723694},{"id":"https://openalex.org/keywords/india","display_name":"India","score":0.4970000088214874},{"id":"https://openalex.org/keywords/renewable-energy-policy","display_name":"renewable energy policy","score":0.4309999942779541}],"concepts":[{"id":"https://openalex.org/C163355716","wikidata":"https://www.wikidata.org/wiki/Q2154783","display_name":"Risk perception","level":3,"score":0.6131664514541626},{"id":"https://openalex.org/C2779343474","wikidata":"https://www.wikidata.org/wiki/Q3109175","display_name":"Context (archaeology)","level":2,"score":0.5976424813270569},{"id":"https://openalex.org/C165957694","wikidata":"https://www.wikidata.org/wiki/Q5421350","display_name":"Exploratory factor analysis","level":3,"score":0.5050862431526184},{"id":"https://openalex.org/C188573790","wikidata":"https://www.wikidata.org/wiki/Q12705","display_name":"Renewable energy","level":2,"score":0.5047813653945923},{"id":"https://openalex.org/C9354725","wikidata":"https://www.wikidata.org/wiki/Q286017","display_name":"Operationalization","level":2,"score":0.4749460518360138},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.4580466151237488},{"id":"https://openalex.org/C85973986","wikidata":"https://www.wikidata.org/wiki/Q1091731","display_name":"Exploratory research","level":2,"score":0.44252732396125793},{"id":"https://openalex.org/C120527767","wikidata":"https://www.wikidata.org/wiki/Q3196867","display_name":"Debt","level":2,"score":0.4123494327068329},{"id":"https://openalex.org/C26760741","wikidata":"https://www.wikidata.org/wiki/Q160402","display_name":"Perception","level":2,"score":0.3875807821750641},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.3845198154449463},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.3710595965385437},{"id":"https://openalex.org/C162853370","wikidata":"https://www.wikidata.org/wiki/Q39809","display_name":"Marketing","level":1,"score":0.36338168382644653},{"id":"https://openalex.org/C127413603","wikidata":"https://www.wikidata.org/wiki/Q11023","display_name":"Engineering","level":0,"score":0.14837190508842468},{"id":"https://openalex.org/C144024400","wikidata":"https://www.wikidata.org/wiki/Q21201","display_name":"Sociology","level":0,"score":0.14345991611480713},{"id":"https://openalex.org/C15744967","wikidata":"https://www.wikidata.org/wiki/Q9418","display_name":"Psychology","level":0,"score":0.1284346878528595},{"id":"https://openalex.org/C205649164","wikidata":"https://www.wikidata.org/wiki/Q1071","display_name":"Geography","level":0,"score":0.09645065665245056},{"id":"https://openalex.org/C2780378061","wikidata":"https://www.wikidata.org/wiki/Q25351891","display_name":"Service (business)","level":2,"score":0.0},{"id":"https://openalex.org/C138885662","wikidata":"https://www.wikidata.org/wiki/Q5891","display_name":"Philosophy","level":0,"score":0.0},{"id":"https://openalex.org/C111472728","wikidata":"https://www.wikidata.org/wiki/Q9471","display_name":"Epistemology","level":1,"score":0.0},{"id":"https://openalex.org/C169760540","wikidata":"https://www.wikidata.org/wiki/Q207011","display_name":"Neuroscience","level":1,"score":0.0},{"id":"https://openalex.org/C19165224","wikidata":"https://www.wikidata.org/wiki/Q23404","display_name":"Anthropology","level":1,"score":0.0},{"id":"https://openalex.org/C166957645","wikidata":"https://www.wikidata.org/wiki/Q23498","display_name":"Archaeology","level":1,"score":0.0},{"id":"https://openalex.org/C119599485","wikidata":"https://www.wikidata.org/wiki/Q43035","display_name":"Electrical engineering","level":1,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1108/ijesm-07-2023-0020","doi":"https://doi.org/10.1108/ijesm-07-2023-0020","is_oa":false,"landing_page_url":"https://doi.org/10.1108/ijesm-07-2023-0020","pdf_url":null,"source":{"id":"https://openalex.org/S161018996","display_name":"International Journal of Energy Sector Management","issn_l":"1750-6220","issn":["1750-6220","1750-6239"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-c","anvur-scientific","cwts-core","fnege-4","jufo-1","norway-1","poland-40","russia-white-list-2","vabb-shw"],"host_organization":"https://openalex.org/P4310319811","host_organization_name":"Emerald Publishing Limited","host_organization_lineage":["https://openalex.org/P4310319811"],"host_organization_lineage_names":["Emerald Publishing Limited"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"International Journal of Energy Sector Management","raw_type":"journal-article"}],"best_oa_location":null,"sustainable_development_goals":[{"display_name":"Affordable and clean energy","id":"https://metadata.un.org/sdg/7","score":0.9853000044822693},{"display_name":"Industry, innovation and infrastructure","id":"https://metadata.un.org/sdg/9","score":0.7207000255584717},{"display_name":"Climate action","id":"https://metadata.un.org/sdg/13","score":0.4399999976158142}],"study_designs":[{"display_name":"Observational Study","id":"https://openalex.org/study-designs/observational-study"}],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":52,"referenced_works":["https://openalex.org/W329235424","https://openalex.org/W1494290789","https://openalex.org/W1504658872","https://openalex.org/W1508126166","https://openalex.org/W1967253391","https://openalex.org/W1977775666","https://openalex.org/W1992622508","https://openalex.org/W2002046221","https://openalex.org/W2010528076","https://openalex.org/W2020549679","https://openalex.org/W2024638371","https://openalex.org/W2042780616","https://openalex.org/W2043009912","https://openalex.org/W2045404710","https://openalex.org/W2052384501","https://openalex.org/W2079971618","https://openalex.org/W2089223661","https://openalex.org/W2090114539","https://openalex.org/W2102301149","https://openalex.org/W2121875064","https://openalex.org/W2154814728","https://openalex.org/W2166965717","https://openalex.org/W2469948666","https://openalex.org/W2499570571","https://openalex.org/W2527130722","https://openalex.org/W2549401932","https://openalex.org/W2557949929","https://openalex.org/W2731050121","https://openalex.org/W2767042229","https://openalex.org/W2768426448","https://openalex.org/W2768600693","https://openalex.org/W2910828360","https://openalex.org/W2933181815","https://openalex.org/W2941807589","https://openalex.org/W2953099900","https://openalex.org/W2956351815","https://openalex.org/W2973063406","https://openalex.org/W2986461378","https://openalex.org/W3014473018","https://openalex.org/W3023639742","https://openalex.org/W3081182780","https://openalex.org/W3121379830","https://openalex.org/W3122721886","https://openalex.org/W3126080599","https://openalex.org/W3173416094","https://openalex.org/W3178791834","https://openalex.org/W3182064511","https://openalex.org/W3203727815","https://openalex.org/W4212765455","https://openalex.org/W4293704285","https://openalex.org/W4313398520","https://openalex.org/W4313399412"],"related_works":["https://openalex.org/W3193260704","https://openalex.org/W4381199241","https://openalex.org/W4399927883","https://openalex.org/W4392007382","https://openalex.org/W4394965594","https://openalex.org/W7218039563","https://openalex.org/W7141870784","https://openalex.org/W4411286454","https://openalex.org/W2101885797","https://openalex.org/W2041866517"],"abstract_inverted_index":{"Purpose":[0],"This":[1,56,251],"study":[2,57,183,232],"aims":[3],"to":[4,35,40,148,162,242,283,300],"explore":[5],"the":[6,11,24,42,49,74,78,93,115,124,135,138,154,164,173,192,198,213,223,231,234,240,243,254,289,301,305],"perceptions":[7,273],"of":[8,63,123,134,216,222,230,256,271,292],"investors":[9],"regarding":[10],"risks":[12,44,72,140,171],"associated":[13],"with":[14,205],"funding":[15,142],"renewable":[16,94,143,177,188,224,293,306],"energy":[17,95,144,178,189,225,294,307],"projects":[18,145],"in":[19,73,141,176,191,274],"India,":[20],"as":[21,23,146,172],"well":[22],"various":[25],"factors":[26,79,118],"that":[27,45,51,110,119,157],"influence":[28],"these":[29,53],"perceptions.":[30,54,82],"The":[31,107,127,182,227,296],"investigation":[32],"is":[33,233],"limited":[34],"debt":[36],"providers":[37,70],"and":[38,48,61,77,102,112,167,169,202,238,260],"seeks":[39],"pinpoint":[41],"primary":[43],"bankers":[46,158],"perceive":[47,71,159],"drivers":[50],"shape":[52],"Design/methodology/approach":[55],"draws":[58],"on":[59,212],"interviews":[60,84,204],"surveys":[62],"Indian":[64,75,193],"bank":[65],"executives,":[66],"investigating":[67],"how":[68],"finance":[69],"context":[76,194],"driving":[80],"such":[81],"Qualitative":[83],"have":[85],"been":[86],"used":[87,282],"for":[88,121,132,287,310],"operationalizing":[89],"\u201crisk":[90],"perception\u201d":[91],"within":[92,304],"domain,":[96],"followed":[97],"by":[98,195],"a":[99,248,267],"quantitative":[100],"survey":[101],"exploratory":[103],"factor":[104,258],"analysis.":[105],"Findings":[106],"authors":[108,155],"find":[109,156],"experience":[111],"capacity":[113],"are":[114,219],"most":[116],"important":[117,220],"account":[120],"30%":[122],"overall":[125],"variance.":[126],"second":[128],"factor,":[129],"which":[130,264],"accounts":[131],"15%":[133],"variance,":[136],"includes":[137],"perceived":[139],"compared":[147],"infrastructure":[149],"projects.":[150,179,295],"Among":[151],"individual":[152],"risks,":[153],"technological":[160],"risk":[161,185,199,272],"be":[163,281],"lowest":[165],"(5%)":[166],"contractual":[168],"regulatory":[170],"highest":[174],"(66%)":[175],"Research":[180],"limitations/implications":[181],"contextualizes":[184],"perception":[186,200],"toward":[187],"investments":[190],"drawing":[196],"from":[197],"literature":[201,303],"qualitative":[203],"senior":[206],"bankers.":[207],"It":[208],"presents":[209],"empirical":[210],"evidence":[211],"decision-making":[214],"behavior":[215],"bankers,":[217],"who":[218],"stakeholders":[221],"ecosystem.":[226],"main":[228],"limitation":[229],"relatively":[235],"small":[236],"sample,":[237],"generalizing":[239],"results":[241],"broader":[244],"population":[245],"might":[246],"require":[247],"larger":[249],"sample.":[250],"will":[252],"facilitate":[253,266],"use":[255],"confirmatory":[257],"analysis":[259],"structural":[261],"equation":[262],"modeling,":[263],"can":[265,280],"more":[268],"comprehensive":[269],"understanding":[270],"renewables":[275],"financing.":[276],"Originality/value":[277],"Insights":[278],"gained":[279],"provide":[284],"policy":[285],"recommendations":[286],"improving":[288],"financing":[290,308],"ecosystem":[291],"research":[297],"significantly":[298],"contributes":[299],"extant":[302],"domain":[309],"emerging":[311],"economies.":[312]},"counts_by_year":[{"year":2026,"cited_by_count":11},{"year":2025,"cited_by_count":7},{"year":2024,"cited_by_count":3}],"updated_date":"2026-11-04T10:54:05.112534","created_date":"2023-12-16T00:00:00"}