Search
Now showing items 21-30 of 82
Uncertainty, Flexibility, and Real Options
(2011)
This chapter discusses the strategy formulation challenges encountered by firms when the underlying market is uncertain. Motivated by the uncertainty faced by European electric utilities, it discusses how real options ...
Managerial discretion in distressed firms
(2007)
This study examines the earnings management behaviour of 455 distressed US firms that filed for bankruptcy during the period 1986-2001. We examine (a) possible earnings management during the years prior to bankruptcy-filing, ...
Real Options in Operations Research: A Review
(2018)
The Real Options approach to decision-making has been useful in capturing and valuing the flexibility inherent in many operating decisions that decision makers are faced with. In Operations Research (OR), a field that ...
Market Structure Games: Static Approaches
(2011)
This chapter discusses static market structure games. It begins by describing the benchmark case of a monopolist, developing the basic building blocks for subsequent models. It then introduces static models of duopoly, ...
Real options: A primer
(2000)
This paper serves to introduce the basic ideas and valuation principles for corporate real options, and basic concepts related to growth options, competition and strategy. It first uses an example to motivate the discussion ...
Strategic investment : real options and games / Han T.J. Smit, Lenos Trigeorgis
(Princeton University Press, 2004)
Earnings behaviour of financially distressed firms: The role of institutional ownership
(2007)
Using a sample of 859 U.S. bankruptcy-filing firms over the period 1986-2004, we examine the earnings behaviour of managers during the distressed period by looking at sources of abnormal accruals prior to the bankruptcy-filing ...