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Investície, riziko a nezamenitelʹnostʹ investícií : príklad automobilového priemyslu v Slovenskej republike

Belanová, Katarina - In: Ekonomický časopis : časopis pre ekonomickú … 60 (2012) 2, pp. 187-209

Persistent link: https://www.econbiz.de/10009724879

The Risk and Uncertainty Integration into the Investment Decision and Evaluation

Fotr, Jiří; Kislingerová, Eva - In: Politická ekonomie 2009 (2009) 6, pp. 801-826

and disadvantages. Further results and benefits of application of Monte Carlo simulation in risk analysis of investment …

Persistent link: https://www.econbiz.de/10008545888

Corporate strategy and financial theory

Vlachý, Jan - In: Politická ekonomie 2009 (2009) 2, pp. 147-162

The dramatically growing disproportion between the value of corporate assets and market valuation has resulted in a well-researched schism between strategic management and financial theory. Options theory provides a potent tool to resolve this issue. We propose a model which is consistent with...

Persistent link: https://www.econbiz.de/10005258060

Flexibility Value of Czech Power-Generation

Vlachý, Jan - In: Ekonomika a managment 2008 (2008) 2

The power-generation industry offers numerous opportunities to apply real options. This paper uses current empirical market data to estimate the value of flexibility in the Czech energy sector, which can serve to compare available technologies, and support various investment decisions. The model...

Persistent link: https://www.econbiz.de/10009398902

Flexibility modeling of investment projects with computer implementation

Fotr, Jiří; Hájek, Stanislav; Scholleová, Hana - In: Ekonomika a managment 2008 (2008) 3

Investment decision making is very important for firm growth. The classical quantitative methods (NPV, IRR…) don´t involve value of the firm option of flexible reaction to continuously changing conditions and take advantage of them. This deficiency eliminates the using of the real options...

Persistent link: https://www.econbiz.de/10009398909

A Valuation Model for Project Standby Capacity

Vlachý, Jan - In: Ekonomika a managment 2009 (2009) 4

This paper addresses the issue of project standby capacity optimization for capital budgeting. A detailed analysis and case study show that this is a particular real-option based situation, which solicits the use of statistical simulation. The method can be recommended as a useful heuristic for...

Persistent link: https://www.econbiz.de/10009398922

Investment projects value as an important factor of firm value

Scholleová, Hana - In: Acta Oeconomica Pragensia 2005 (2005) 4, pp. 40-61

utilisation are risk and developing projects especially in the branch of power engineering, communications and biotechnology. …

Persistent link: https://www.econbiz.de/10005036459

Basic Areas of Utilization of Real Options to Manage a Firm

Scholleová, Hana - In: Acta Oeconomica Pragensia 2008 (2008) 4, pp. 3-11

decisions at high certainty or at risk with zero volatility, where the option value is close to zero. Real options give some …

Persistent link: https://www.econbiz.de/10005036474

Future of investments evaluation

Stehlík, Antonín - In: Politická ekonomie 2005 (2005) 5, pp. 675-686

The study presents a current approach to investments evaluation based on the real option theory. Each investment can be materialized through different possibilities, described as real options. It is possible to evaluate the price of real option by utilization of the described model. The real...

Persistent link: https://www.econbiz.de/10005036686

Investigating a thin-capitalization rule: An option-based analysis

Vlachý, Jan - In: Politická ekonomie 2008 (2008) 5, pp. 656-668

estimate the costs of debt under various risk-related scenarios, focusing on particular situations where the new regulation may … business risk. Another asymmetry arises due to a small-business exemption which can make new investment prohibitive when its … cap is being reached. The model also suggests that non-deductibility of interest increases credit risk and could, in the …

Persistent link: https://www.econbiz.de/10008754958