Real options : managing strategic investment in an uncertain world
著者
書誌事項
Real options : managing strategic investment in an uncertain world
(Financial Management Association survey and synthesis series)
Harvard Business School Press, c1999
大学図書館所蔵 件 / 全46件
-
該当する所蔵館はありません
- すべての絞り込み条件を解除する
注記
Includes bibliographical references and index
内容説明・目次
内容説明
Martha Amram and Nalin Kulatilaka suggest a smarter new way to think about strategic investments in terms of real options. By applying options thinking - the concept underlying the recent Nobel Prize-winning work on financial options - to the evaluation of nonfinancial assets, this innovative approach brings a financial market discipline to the evaluation of a company's opportunities. Using real options theory, managers can more effectively target crucial opportunities to redeploy, delay, modify, or even abandon capital-intensive projects as events unfold. Corporate executives in finance, investments, and project management should share this book with decision makers in information technology, strategic planning, corporate restructuring, venture capital, and law.
目次
Preface
PART I: The Real Options Potential
1: Introduction
2: Uncertainty Creates Opportunities
3: Option Valuation: The Nobel Prize - Winning Breakthrough
4: From Wall Street to Main Street: Options on Real Assets
5: Disciplined Strategy
6: Quick Lessons
Part II: The Real Options Solution Process
7: The Four-Step Solution Process
8: Calculating Option Values
9: Adjusting for Leakage in Value
Part III: A Portfolio of Applications
10: Valuing a Start-up
11: Investing in a Start-up
12: Exploring for Oil
13: Developing a Drug
14: Investing in Infrastructure
15: Valuing Vacant Land
16: Buying Flexibility
17: Combining Real and Financial Flexibility
18: Investing to Preempt Competitors
19: Writing a License
Part IV: Conclusion
20: Changing the Questions We Ask
Appendix: A Quick Introduction to Discounted Cash Flow and the Estimation of Volatility
Guide to Literature
Notes
References
Index
About the Authors
「Nielsen BookData」 より