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Persistent link: https://www.econbiz.de/10010706523
Including real options in firms ’ value raises numerous difficulties. Limitations concerning the relevance of option pricing models outside financial markets are the most salient, but carrying out a valuation implies other assumptions, especially on firms’ governance. In particular,...
Persistent link: https://www.econbiz.de/10010905233
Despite a large body of literature on the topic, empirical tests of real option models are scarce. The lack of data offers an initial explanation for this. However other intrinsic reasons could well explain why real options are difficult to test on large-scale studies. We show that the use of...
Persistent link: https://www.econbiz.de/10010707729
Despite a large body of literature on the topic and the continuously improving understanding of professionals, real options are not widely used to value firms. Numerous assumptions have been raised to explain the various obstacles to their adoption. Limits concerning the relevance of option...
Persistent link: https://www.econbiz.de/10010708117
The objective of this paper is to understand how and why companies implement corporate social responsability policies when they build a new plant. The paper is based on three case studies.
Persistent link: https://www.econbiz.de/10011072753
emphasis on the recent turmoil period, it studies the question of financial integration in various markets: equity markets are …
Persistent link: https://www.econbiz.de/10011212049
For many years, African countries have experienced slow economic growth. A major policy tool used to address this issue has been preferential market access whereby, certain developed countries have lowered and sometimes eliminated tariffs on imports from Africa. Despite this special treatment,...
Persistent link: https://www.econbiz.de/10010742281
Integration appears among the core concepts of organizational theories, which have supported the progresses of social … multiplicity, the complexity and the various foundations of integration: formal organizations and devices, culture, systems of … wrongfully attribute properties such as homogeneity, discipline and relational harmony to organizational integration. The …
Persistent link: https://www.econbiz.de/10010705796
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