| Autor: |
Juan, Carmen, Olmos, Fernando, Ashkeboussi, Rahim |
| Zdroj: |
International Journal of Business; Jun2007, Vol. 12 Issue 2, p239-266, 28p |
| Abstrakt: |
The main goal of this study is to develop practitioner-friendly methodologies, in a real options framework, for evaluating joint venture (JV) agreements. Avoiding the general issue of JVs' design, we illustrate the application of real options methodology by valuing specific clauses extracted from actual IV agreements. Additionally, we have tried to contribute to the real options field by designing valuation methodologies to capture the value of more complex embedded options ("Compensation Options" and "Options with Uncertain Initial Date") in JV agreements with certain nonstandard features, due to contractual requirements. [ABSTRACT FROM AUTHOR] |
| Databáze: |
Supplemental Index |
| Externí odkaz: |
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