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Research on the Social Capital Active Exit Method of PPP Project

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DOI: 10.23977/enecr.2020.010101 | Downloads: 18 | Views: 2932

Author(s)

Peng Wang 1

Affiliation(s)

1 School of Economics and Management, Dalian University, No.10, Xuefu Avenue, Economic & Technical Development Zone, Dalian, Liaoning, The People's Republic of China (PRC)

Corresponding Author

Peng Wang

ABSTRACT

The development speed of the PPP model has declined in recent years. One of the main factors is that government departments have not completed the construction of social capital exit mechanisms in PPP projects. This paper, while sorting out China's policy on social capital withdrawal and the status quo of research on the PPP project withdrawal mechanism, focuses on analyzing the need for the social capital party to voluntarily withdraw from the PPP model and the need for the social capital party to voluntarily quit successfully. After that, it analyzes the methods of voluntary withdrawal of social capital, such as maturity transfer, equity transfer, share repurchase, asset securitization, and public listing. This will allow the social capital side to have more reference when actively withdrawing from the PPP project, and increase the enthusiasm of the social capital for participating in the PPP project.

KEYWORDS

PPP project; social capital; voluntary withdrawal

CITE THIS PAPER

Peng Wang. Research on the Social Capital Active Exit Method of PPP Project. Energy Conversion Research (2020) 1: 1-3. DOI: http://dx.doi.org/10.23977/enecr.2020.010101.

REFERENCES

[1] Vikas, S. (2017) Project finance bank loans and PPP funding in India: A risk management perspective, Journal of Banking Regulation, 8, 14-27
[2] Liu, W. (2015) The Analysis of the PPP Financing Model Application in Ports of China, Journal of Coastal Research, 6, 4-8.
[3] Kalyta, T.A. (2017) The Theoretical and Practical Aspects of the Foreign Experience of Financing Investment in the System of the State and Business Partnerships and Its Implementation in Ukraine, Bìznes Inform, 8, 29-34.
[4] Liu, W. (2015) The Analysis of the PPP Financing Model Application in Ports of China, Journal of Coastal Research, 8, 4-8.

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