Real Options and Investment Incentives
Real Options and Investment Incentives
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 question, the monograph combines and unifies two important lines of literature: on the one hand the literature on controlling investment decisions, on the other hand the investment valuation literature.
Institutional and Methodological Background for the Analysis of Investment Incentives
Capital Rationing as an Incentive Instrument for Growth OptionsResidual Income as a Performance Measure for Switching Options
Residual Income as a Performance Measure in the Presence of Waiting Options
Implications and Conclusions.
Friedl, Gunther
| ISBN | 978-3-642-08008-1 |
|---|---|
| Artikelnummer | 9783642080081 |
| Medientyp | Buch |
| Auflage | Softcover reprint of hardcover 1st ed. 2007 |
| Copyrightjahr | 2010 |
| Verlag | Springer, Berlin |
| Umfang | XIII, 119 Seiten |
| Abbildungen | XIII, 119 p. 4 illus. |
| Sprache | Englisch |
