Reassessing risk in developing country infrastructure

被引:91
作者
Doh, JP [1 ]
Ramamurti, R
机构
[1] Villanova Univ, Villanova, PA 19085 USA
[2] Northeastern Univ, Boston, MA 02115 USA
[3] Int Management Dev Inst, Lausanne, Switzerland
关键词
D O I
10.1016/S0024-6301(03)00069-4
中图分类号
F [经济];
学科分类号
02 ;
摘要
Private investment in developing country infrastructure has grown rapidly in the last decade, yet hazards still exist that may undermine the stability of investment projects. This article reviews data and surveys recent cases that underscore the emergent threats faced by companies seeking to develop and manage infrastructure projects. Using a framework to classify the multiple roles of government in both facilitating and impeding investment, it proposes strategies for investors and developers to assess and mitigate these continuing risks. Its recommendations include leveraging international agreements, drawing on multilateral project finance, pursing first-mover positions and engaging all relevant stakeholders. The paper concludes by drawing implications for management research and practice. (C) 2003 Elsevier Science Ltd. All rights reserved.
引用
收藏
页码:337 / 353
页数:17
相关论文
共 47 条
[1]  
[Anonymous], 1971, Sovereignty at Bay: The Spread of U.S. Enterprises
[2]  
[Anonymous], EC REGULATION
[3]  
[Anonymous], 1988, COOPERATIVE STRATEGI
[4]   THE MODERATOR MEDIATOR VARIABLE DISTINCTION IN SOCIAL PSYCHOLOGICAL-RESEARCH - CONCEPTUAL, STRATEGIC, AND STATISTICAL CONSIDERATIONS [J].
BARON, RM ;
KENNY, DA .
JOURNAL OF PERSONALITY AND SOCIAL PSYCHOLOGY, 1986, 51 (06) :1173-1182
[5]  
DAVIS H, 2000, PROJECT FINANCE NOV
[6]   Entrepreneurial privatization strategies: Order of entry and local partner collaboration as sources of competitive advantage [J].
Doh, JP .
ACADEMY OF MANAGEMENT REVIEW, 2000, 25 (03) :551-571
[7]  
DOH JP, 2003, INT BUSINESS REV, V11, P31
[8]  
DOZ Y, 1980, HARVARD BUSINESS MAR, P149
[9]  
FAGRE N, 1982, J INT BUS STUD, V13, P9, DOI 10.1057/palgrave.jibs.8490547
[10]  
FREEMEN E, 1984, STRATEGIC MANAGEMENT