书目名称 | Real Option Valuation in Service Industries |
编辑 | Jürgen Müller |
视频video | http://file.papertrans.cn/823/822185/822185.mp4 |
丛书名称 | Gabler Edition Wissenschaft |
图书封面 |  |
描述 | Uncertainty is the greatest risk management faces, but it also provides enormous opportunities for value creation. Basing strategic decisions on theoretically rigorous analysis is therefore vital to long-term corporate success in an uncertain and changing marketplace. The real option approach is the tool to integrate the values of flexibility and uncertainty into capital budgeting.Jürgen Müller applies the real option approach to service industries, in this case to retail banking; he provides empirical support for the approach and simplifies the applicability of real option concepts in corporate practice. Based on a case study of the Polish retail banking market, the author develops and illustrates a simplified approach to real option valuation based on the binomial option pricing model. |
出版日期 | Book 2000 |
关键词 | Banking; Cash Flow; Evaluation; Investition; Investment; Rating; Retail Banking |
版次 | 1 |
doi | https://doi.org/10.1007/978-3-322-99299-4 |
isbn_softcover | 978-3-8244-7138-6 |
isbn_ebook | 978-3-322-99299-4 |
copyright | Springer Fachmedien Wiesbaden 2000 |