Strategy, Value And Risk-The Real Options Approach

Strategy, Value And Risk-The Real Options Approach
Автор
 
Год
 
Страниц
 
250
ISBN
 
ISBN10:0333973461
Издатель
 
Palgrave Macmillan

Описание:

In the 1990s shareholder value was applied to all aspects of corporate strategy and management decisions as a result of intense competition, globalization, advances in technology, deregulation and the financial markets. As we enter the 21st Century the business environment is one of increasing creative destruction, where competitive advantage is much harder 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 environment.

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