Application of Real Options Valuation to R&D Investments in Pharmaceutical Companies
This paper provides an insight into the application of real option valuation method to R&D projects in pharmaceutical companies. As one of the most important corporate finance decision-making methods, real option valuation method has been introduced in the last two decades. By applying option...
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Format: | Dissertation (University of Nottingham only) |
Language: | English |
Published: |
2006
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Online Access: | http://eprints.nottingham.ac.uk/20458/ http://eprints.nottingham.ac.uk/20458/1/06MA_Finance_and_Investment_lixhrz.pdf |