Real Options and Investment Incentives

Specificaties
Gebonden, 119 blz. | Engels
Springer Berlin Heidelberg | 2007e druk, 2006
ISBN13: 9783540482666
Rubricering
Springer Berlin Heidelberg 2007e druk, 2006 9783540482666
€ 120,99
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Samenvatting

This work analyzes the problem of delegated decision-making within firms when investment projects are characterized by the possibility to make subsequent decisions after the initial investment decision has been made. By analyzing this question, the monograph combines and unifies two important lines of literature: on the one hand the literature on controlling investment decisions, on the other hand the investment valuation literature.

Specificaties

ISBN13:9783540482666
Taal:Engels
Bindwijze:gebonden
Aantal pagina's:119
Uitgever:Springer Berlin Heidelberg
Druk:2007

Inhoudsopgave

Institutional and Methodological Background for the Analysis of Investment Incentives.- Capital Rationing as an Incentive Instrument for Growth Options.- Residual Income as a Performance Measure for Switching Options.- Residual Income as a Performance Measure in the Presence of Waiting Options.- Implications and Conclusions.
€ 120,99
Levertijd ongeveer 8 werkdagen

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        Real Options and Investment Incentives