Finance and Capital Markets Series: Reconciling Innovation, Strategy and Value Management

Rogers, J.

In the 1990s shareholder value was applied to all aspects of corporate strategy and management decisions as a result of intense competition, globalization, advances in technology, deregulation and the financial markets. As we enter the twentyfirst century the business environment is one of increasing creative destruction, where competitive advantage is much harder to sustain. Real Options , a type of advanced financial analysis, applies financial option theory to real assets and offers a strategic framework that recognizes the need for management flexibility and to leverage risk in this corporate environment.

Details

Published by: Palgrave Macmillan

Publication Date: 2002-01-01

Format: Paperback

ISBN-13: 9781349429707

DOI: 10.1057/9780230513051

Dimensions: 229cm x152cm

Pages: 141