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| Content Provider | IEEE Xplore Digital Library |
|---|---|
| Author | Weidong Zhu Ge Jin |
| Copyright Year | 2011 |
| Description | Author affiliation: Research Center for Knowledge Economy and Innovation Management, Hefei University of Technology, China (Weidong Zhu; Ge Jin) |
| Abstract | Nowadays, the activities of merger and acquisitions become increasingly frequent, and a successful M&A need to be established on the base of reasonable assessment to the target company's value. Considering the value of target company in different situations is required in decision making in M&As because of the uncertainty that the value of target company often have. The theory of real options provides a good basis for investment decisions under uncertainty, while the feature of specific investment activities is needed to take into consider. Therefore, it is necessary to improve the option pricing method, such as binary tree model, under the real feature of M&As activities, and analyses the change of the value of target company over time and the corresponding tactics that the acquiring corporation should take. |
| Starting Page | 2468 |
| Ending Page | 2471 |
| File Size | 208851 |
| Page Count | 4 |
| File Format | |
| ISBN | 9781424497621 |
| e-ISBN | 9781424497638 |
| DOI | 10.1109/CSSS.2011.5974843 |
| Language | English |
| Publisher | Institute of Electrical and Electronics Engineers, Inc. (IEEE) |
| Publisher Date | 2011-06-27 |
| Publisher Place | China |
| Access Restriction | Subscribed |
| Rights Holder | Institute of Electrical and Electronics Engineers, Inc. (IEEE) |
| Subject Keyword | Economics Fluctuations Binary tree model Investments Companies Pricing Binary trees Merger and acquisition Investment decisions Real option |
| Content Type | Text |
| Resource Type | Article |
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