Anmerkungen:
In: Weekly Toyo Keiizai, September 8, 2001
Beschreibung:
I have been teaching corporate finance at the graduate level (MBAs and PhDs) for almost 30 years, first for 14 years at UCLA, then at New York University for 10, then at MIT and now at Harvard Business School.The use of real options to analyze major investment decisions is, in my opinion, the single most important idea in corporate finance since I began my career 30 years ago. This article introduces the fundamentals