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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Bibliographic Details
Main Author: Zhang, Huan Ran
Format: Dissertation (University of Nottingham only)
Language:English
Published: 2006
Online Access:http://eprints.nottingham.ac.uk/20458/
http://eprints.nottingham.ac.uk/20458/1/06MA_Finance_and_Investment_lixhrz.pdf