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Ch_013

Ch_013

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Published by Akash saxena

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Categories:Types, School Work
Published by: Akash saxena on Oct 19, 2010
Copyright:Attribution Non-commercial

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11/21/2013

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Chapter -13
Real Options, InvestmentAnalysis and Process
 
BY Akash Saxena
Chapter Objectives
Understand the capital budgeting process:
D
ocument the policies and practices of companies in India and compare them withthat of the companies in developed countries.
Understand the linkage between corporatestrategy and investment decisions.
D
efine strategic real options.
Show the valuation of real options.
 
BY Akash Saxena
W
e will answer the following questions
W
hat is the process of capital budgeting thatcompanies employ?
W
hat capital budgeting policies and practices do theyfollow?
Is there any link between the corporate strategy andcapital budgeting?
W
hat are the strategic aspects of capital budgeting?
Can the discounted cash flow technique handle thestrategic aspects of capital investments?
How can we evaluate investment projects that arecapable of creating future opportunities and flexibility(options) for companies?

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