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Book Cover
E-book
Author Rogers, Jamie

Title Strategy, value and risk : the real options approach / Jamie Rogers
Edition 2nd ed
Published Houndmills, Basingstoke, Hampshire ; New York : Palgrave Macmillan, 2009

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Description 1 online resource (xvi, 207 pages) : illustrations
Series Palgrave Macmillan finance and capital markets series
Finance and capital markets.
Contents List of Figures and Tables -- Preface -- Acknowledgements -- Introduction -- PART I THE EVOLUTION OF STRATEGY, VALUE AND MEASURING RISK -- Strategy: From Corporate Planning to Shareholder Value -- Valuation -- Investment Risk -- Five Shareholder Value Case Studies -- PART II DEVELOPMENTS IN STRATEGY, VALUE AND RISK MANAGEMENT -- Developments in Strategy -- Real Options -- Firm Value -- Risk Management -- PART III QUANTIFYING REAL OPTIONS 59 -- Derivatives -- Data Analysis -- Option Pricing Methods -- Implementing Real Options -- PART IV REAL OPTIONS CASE STUDIES AND PRACTICAL IMPLICATIONS -- Seven Strategic Real Options Case Studies -- Conclusion and Practical Implications -- References -- Index
Summary The surge of innovation in information technology at the end of the twentieth century reduced the cost of communications, which facilitated the globalization of the production and capital markets. Globalization has in turn spurred competition and consequently innovation. Sustainable competitive advantage is an increasingly difficult proposition in this environment, a fact which raises a number of issues for organizations: how to create and manage value, how to improve an organization's capabilities to respond and adapt, how to manage the effect of competition on industry structures and how to foster and manage innovation. € In response to these issues one concept is having an impact and influence on organizations. Real options, a form of advanced financial analysis, apply financial options theory to real assets. The concept offers a framework that can link value to risk and uncertainty, and the ability to manage the strategic opportunities that lie in an increasingly dynamic environment. Updated and revised, this second edition illustrates the issues with detailed case studies
Notes Previous edition: Basingstoke : Palgrave, 2002
Bibliography Includes bibliographical references and index
Subject Corporations -- Finance.
Corporations -- Finance -- Decision making
Resource allocation -- Decision making
Capital investments -- Decision making
Strategic planning.
Corporations -- Finance -- Decision making -- Case studies
Resource allocation -- Decision making -- Case studies
Capital investments -- Decision making -- Case studies
BUSINESS & ECONOMICS -- Investments & Securities -- General.
Capital investments -- Decision making
Corporations -- Finance
Corporations -- Finance -- Decision making
Resource allocation -- Decision making
Strategic planning
Genre/Form Case studies
Form Electronic book
ISBN 9780230353930
0230353932
1349367079
9781349367078
9780230577374
0230577377