Megaprojects involve organizations called "Special Purpose Entities" (SPEs) also known as "special purpose vehicles." Despite their relevance, particularly for governance, SPEs are under-investigated. In the project management literature, there is neither a widely accepted definition of SPEs nor a clear understanding of what it does. This article presents an extensive literature review, which considers three domains: legal, financial, and project management. Four outcomes are presented: the definition of SPE, the typology of existing SPEs, comparisons of existing SPEs, and descriptions of SPE uses in megaprojects.
Special Purpose Entities in Megaprojects: Empty Boxes or Real Companies?
Sainati T;Locatelli G
2017-01-01
Abstract
Megaprojects involve organizations called "Special Purpose Entities" (SPEs) also known as "special purpose vehicles." Despite their relevance, particularly for governance, SPEs are under-investigated. In the project management literature, there is neither a widely accepted definition of SPEs nor a clear understanding of what it does. This article presents an extensive literature review, which considers three domains: legal, financial, and project management. Four outcomes are presented: the definition of SPE, the typology of existing SPEs, comparisons of existing SPEs, and descriptions of SPE uses in megaprojects.File in questo prodotto:
File | Dimensione | Formato | |
---|---|---|---|
Special Purpose Entities in Megaprojects.pdf
Accesso riservato
Dimensione
364.68 kB
Formato
Adobe PDF
|
364.68 kB | Adobe PDF | Visualizza/Apri |
I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.