Evaluation of Corporative Value in Case of Insecurity: Determinants and Models Cover Image

Оценяване на корпоративната стойност при несигурност: детерминанти и модели
Evaluation of Corporative Value in Case of Insecurity: Determinants and Models

Author(s): Georgi Lachov
Subject(s): Economy
Published by: Институт за икономически изследвания при Българска академия на науките

Summary/Abstract: Examined are the determinants and models for evaluation of corporative value in case of insecurity. Supported is the opinion that determinants of corporative value are the expected returns of the possessed assets and of future investment opportunities which are evaluated with the relevant traditional models of discounted money flows and with the models of real options. Endorsed is the leading role of management flexibility which allows management in acquiring new information the usage of potential to increase the returns and to restrain the risks of decrease of corporative value. Analyzed are the real options as instruments for revealing of the wide corporative value in case of insecurity.

  • Issue Year: 2008
  • Issue No: 2
  • Page Range: 89-106
  • Page Count: 18
  • Language: Bulgarian