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Author:Keay, J.
Title:Plight at the end of the tunnel
Journal:International Management
1990 : NOV, VOL. 45:10, p. 78-79, 81-82
Index terms:CHANNEL TUNNEL
FINANCIAL RISK
MANAGEMENT
Language:eng
Abstract:Assessment of the financial problems of the Channel tunnel construction. Additional capital and unease of the shareholders. Fluctuation in share price. Management disputes and crises. Raising equity capital. Lack of government guarantee for the project. Role of banks. Problems with road and rail links. Shift of freight from road to rail. Risk of fire. Passenger market. Financial uncertainty. A Box outlines handicap of no high speed rail link to London and cost of new link.
SCIMA record nr: 84431
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