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| Author: | Stark, A. |
| Title: | Real options, (dis)investment decision-making and accounting measures of performance |
| Journal: | Journal of Business Finance and Accounting
2000 : APR/MAY, VOL. 27:3&4, p. 313-331 |
| Index terms: | Accounting Performance appraisal Decision making Disinvestment Investment planning Residual income |
| Language: | eng |
| Abstract: | The idea that investment opportunities in the presence of uncertainty have embedded within them many different real options has revolutionised the way that investment decision-making is thought about. For example, one real option that is often thought to be embedded within investment opportunities is the option to wait. |
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