Are real options" actually used in the real world?"

被引：63

作者：

M. J. Neeley School of Business, Texas Christian University, Fort Worth, TX, United States ^{[1
]}

不详 ^{[2
]}

机构：

[1] M. J. Neeley School of Business, Texas Christian University, Fort Worth, TX

来源：

Eng. Econ. | 2007年 / 3卷 / 255-267期

关键词：

Cost accounting;

D O I：

10.1080/00137910701503910

中图分类号：

学科分类号：

摘要：

The inability of classic NPV analysis to capture the future value of options in a capital budgeting analysis is now well documented by Trigeorgis (1993, 2005), Copeland and Antikarov (2001), and others. In spite of this, traditional NPV analysis continues to be described as a normative approach. The author surveys Fortune 1,000 companies to see if they have picked up on the use of real options to complement traditional analysis. Out of 279 respondents, 40 were currently using real options (14.3%). While the percentage is small, the number is higher than in previous studies. The author goes on to describe in what manner real options are being used and, of equal importance, why they are resisted by many. Somewhat encouraging is the intent of well over half the nonusers to consider the use of real options in the future.

引用

页码：255 / 267

页数：12

共 15 条

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