01910nam a2200265Ia 4500 OSt 20210813114011.0 210310s2007 eu fr 000 0 eng d 9783540482666 CO-JMCR CO-JMCR eng 332.6323 / F911r 23 Friedl, Gunther, 16884 autor Real options and investment incentives / Gunther Friedl New York : Springer, 2007 xi, 119 páginas ; 24 cm. Incluye notas a pie de página. Bibliografía: páginas 109-119 Institutional and Methodological Background for the Analysis of Investment Incentives -- Capital Rationing as an Incentive Instrument for Growth Options -- Residual Income as a Performance Measure for Switching Options -- Residual Income as a Performance Measure in the Presence of Waiting Options -- Implications and conclusions Many large corporations delegate investment decision making authority to their divisions. Because they are better informed, divisional managers should be able to make better decisions than corporate headquarters. However, they can use this informational advantage to pursue their own inter ests. The objective of this work is to analyze the problem of delegated decision-making within firms when investment projects are characterized by the possibility to make sub sequent decisions after the initial investment decision has been made. By analyzing this question, the monograph com bines 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. Inversiones de capital 16886 Toma de decisiones Opciones reales (Finanzas) 39367 Modelos matemáticos Valoración Inversiones 39368 ddc BK 8299 8299 0 0 ddc 0 0 NFIC CPL CPL 2018-04-15 Donación 332.6323 / F911r 430002910 2024-05-16 00:00:00 Ej.1 BK