Kontaktujte nás | Jazyk: čeština English
dc.title | Implementing real options in firm valuation | en |
dc.contributor.author | Kramná, Eva | |
dc.relation.ispartof | Innovation Vision 2020: Sustainable Growth, Entrepreneurship, and Economic Development, Vols 1-4 | |
dc.identifier.isbn | 978-0-9821489-8-3 | |
dc.date.issued | 2012 | |
dc.citation.spage | 1759 | |
dc.citation.epage | 1768 | |
dc.event.title | 19th International-Business-Information-Management-Association Conference | |
dc.event.location | Barcelona | |
utb.event.state-en | Spain | |
utb.event.state-cs | Španělsko | |
dc.event.sdate | 2011-11-12 | |
dc.event.edate | 2011-11-13 | |
dc.type | conferenceObject | |
dc.language.iso | en | |
dc.publisher | International Business Information Management Association (IBIMA) | en |
dc.subject | business valuation | en |
dc.subject | real options | en |
dc.subject | discounted cash flow | en |
dc.subject | managerial flexibility | en |
dc.description.abstract | This paper concentrates on the business valuation under risk and flexibility. To illustrate how the financial flexibility may influence the value of the company, the equity of the analyzed telecommunication company by applying real options concept is evaluated. The present study applies and compares Discounted Cash Flow method and Real options method. The case study showed that real options approach is able to regard as an adequate tool for equity valuation. The results of this study confirmed that taking flexibility into account has considerable value. | en |
utb.faculty | Faculty of Management and Economics | |
dc.identifier.uri | http://hdl.handle.net/10563/1003308 | |
utb.identifier.rivid | RIV/70883521:28120/12:43868496!RIV13-MSM-28120___ | |
utb.identifier.obdid | 43868597 | |
utb.identifier.scopus | 2-s2.0-84896350390 | |
utb.identifier.wok | 000317549701057 | |
utb.source | d-wok | |
dc.date.accessioned | 2013-07-27T14:54:56Z | |
dc.date.available | 2013-07-27T14:54:56Z | |
utb.contributor.internalauthor | Kramná, Eva | |
utb.fulltext.affiliation | Eva Kramná Tomas Bata University in Zlin, Czech Republic,kramna@fame.utb.cz | |
utb.fulltext.dates | - | |
utb.fulltext.sponsorship | Authors are thankful to the Internal Grant Agency of FaME UTB No. IGA/FaME/2012/013 (Real options approach for company valuation in selected industry) for financial support to carry out this research. | |
utb.fulltext.faculty | Faculty of Management and Economics | |
utb.fulltext.ou | - |