Incorporating an accurate measure of risk is important to the appraisal of an international investment. This book … examines and recommends how decisions on international investment projects are made. Critiquing and integrating existing theory …, it shows how risk can be incorporated into the present value formula produce a clear decision rule …

This book proposes an integrated approach to patent risk and capital budgeting in pharmaceutical research and …-claims analysis, stochastic game theory, as well as novel numerical methods. The text re-initiates a discussion about the contribution …-intensive firms. With this text, the author proposes an integrated approach to patent risk and capital budgeting in pharmaceutical …

management and innovation, structured finance and derivatives, life and non-life pure risk management, market and financial …This handbook examines the latest techniques and strategies that are used to unlock the risk transfer capacity of … contextualises non-traditional risk transfer tools created over the last 20 years. Featuring contributions from distinguished …

Develops a comprehensive concept of regulatory risk integrating existing theoretical and empirical research. This book … explains how the design of the regulatory system influences the risk of a rate-regulated firm, as well as elaborates …

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 … investment decisions, on the other hand the investment valuation literature. …

While the determinants of firms’ optimal hedging strategies on the micro level are well understood, there is rarely any … literature dealing with macroeconomic consequences of microeconomic risk management. This book is concerned with the impact of … diverse hedging policies on macroeconomic stability. It addresses this issue by employing theoretical as well as empirical …

economy, financial analysis, corporate and quantitative finance, and risk management concepts …

to sustain. Real Options , a type of advanced financial analysis, applies financial option theory to real assets and … offers a strategic framework that recognizes the need for management flexibility and to leverage risk in this corporate …

This new book examines the relationship between agency theory and executive pay. It argues that while Jensen and … standard agency theory has contributed to the problem of executive pay rather than solved it. The book explores why companies … revolutionary read for those researching corporate governance, HRM and organisation theory, this useful book offers potential …