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Fesg risks on major projects

Abstract

Treball final de Grau en Finances i Comptabilitat. Codi: FC1049. Curs acadèmic 2014-2015This work aims to introduce, along with traditional indicators of financial risks, risks arising from social, environmental and corporate governance performance in a valuation model, to appraise major projects more appropriately, considering weighting risk includes all risks, so far not considered in the decision process yet. The need for non-financial risks in funding decisions for major projects arises. Therefore, in this work, a detailed study of what is being done in the professional field to assess the Project Finance and the main results of the academic research on this issue is made. After this analysis, it is concluded with the contribution of a valuation method of project finance introducing environmental, social and corporate governance in the before mentioned process

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