Professor Emeritus, Finance
Larry Wynant is a Professor Emeritus of Finance. He was formerly Acting Dean (June-Dec 2008), Associate Dean - Programs (2004-08) and from 1999-2004, was stationed in Hong Kong as the Associate Dean, Ivey Asia. Wynant has taught courses at the graduate and undergraduate levels in financial management and the management of financial institutions. He has served as a faculty member at the University of the West Indies and he has been a visiting professor in several universities in South America. He earned an MBA degree from Western University and his doctorate from Harvard Business School.
Wynant's research interests include Asian financial management practices, commercial lending and financial structuring and he has co-authored several books including The U.S. Handbook of Commercial Lending, Canadian Commercial Lending, Canadian Cases in Financial Management and Banks and Small Business Borrowers. He has worked as a consultant for a large number of financial institutions, corporations and government groups in Canada and internationally.
- Management of Financial Service Businesses
- BCom, Manitoba
- MBA, Western
- DBA, Harvard
Recent Refereed Articles
1980, "Essential Elements of Project Financing", Harvard Business Review, May/June 58(3): 165 - 173.
Abstract: Project financing can be a very effective vehicle for enlarging the amount of debt available to a new undertaking. It can also help manage the sponsor's exposure to the associated risks. While this is a technique that is usually applied to very large natural resource and energy investments costing hundreds of millions of dollars, the same strategy can be useful in situations where capital needs are manageable but the risks are great.In structuring such a venture, a trade-off between the sponsor's desire risk exposure and the economics of the effort is required. Risks must be assessed, and loan sources must be identified. The linking of the financing to the fortunes of the project can permit transfer of some hazards to other parties.Project financing can serve other ends in addition to risk reduction and borrowing capacity advantages. A strong argument for this kind of structure can result from tax considerations and concerns over common liabilities in a joint venture arrangement.
- Credit Officer and Money Market Trader, Royal Bank of Canada
- Asian Financial Institutions
- Corporate Financial Strategy