Surety Bond in Infrastructure in Brazil: Transaction Costs and Agency Theory Perspectives

Surety Bond in Infrastructure in Brazil: Transaction Costs and Agency Theory Perspectives

Context: infrastructure projects assume the use of intensive capital and the participation of several actors, where the institutional environment influences their respective contractual arrangements. A financial instrument for project governance is surety bond (SB), whose purpose is to ensure compli...

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Bibliographic Details
Main Authors: Tulio Henrique Moreira Marques, Mario Henrique Ogasavara, Frederico Araujo Turolla
Format: Article
Language:English
Published: Associação Nacional de Pós-Graduação e Pesquisa em Administração (ANPAD) 2021-11-01
Series:RAC: Revista de Administração Contemporânea
Subjects:
surety bond
infrastructure projects
brazil
transaction costs theory
agency theory
Online Access:https://rac.anpad.org.br/index.php/rac/article/view/1512

Internet

https://rac.anpad.org.br/index.php/rac/article/view/1512

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