Real options and investment valuation
โ Scribed by Don M. Chance, Pamela P. Peterson
- Publisher
- CFA Institute
- Year
- 2002
- Tongue
- English
- Leaves
- 126
- Category
- Library
No coin nor oath required. For personal study only.
โฆ Synopsis
Making an accurate company valuation is the cornerstone of making a sound investment decision. But one factor that is often overlooked (and sometimes even overvalued) is the real options that a company may have. In this Research Foundation monograph, the authors explore real-options valuation-looking at these models vis-ร -vis traditional valuation models, providing examples and simple case studies, and examining the criticisms and limitations of real-options valuation.
๐ SIMILAR VOLUMES
<p><P>Many large corporations delegate investment decision-making authority to their divisions. Because they are better informed, divisional managers should be able to make better decisions than corporate headquarters. However, they can use this informational advantage to pursue their own interests.
<p><p>This book describes in full the major approaches used to evaluate investment in real estate and shows how theory informs decision-aid methods and tools to support such evaluation. The inclusion of numerous examples makes it also a practical guide to assessing the suitability of an investment p
Corporate finance and corporate strategy have long been seen as different sides of the same coin. Though both focus on the same broad problem, investment decision-making, the gap between the two sides--and between theory and practice--remains embarrassingly large. This book synthesizes cutting-edge
Corporate finance and corporate strategy have long been seen as different sides of the same coin. Though both focus on the same broad problem, investment decision-making, the gap between the two sides--and between theory and practice--remains embarrassingly large. This book synthesizes cutting-edge