Real options valuation of eBusiness
Thesis (M.B.A.)--Massachusetts Institute of Technology, Sloan School of Management, 2000.
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| Format: | Thesis |
| Language: | eng |
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Massachusetts Institute of Technology
2005
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| Online Access: | http://hdl.handle.net/1721.1/9154 |
| _version_ | 1811072026287276032 |
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| author | Tan, Enk Ee, 1968- |
| author2 | Jiang Wang. |
| author_facet | Jiang Wang. Tan, Enk Ee, 1968- |
| author_sort | Tan, Enk Ee, 1968- |
| collection | MIT |
| description | Thesis (M.B.A.)--Massachusetts Institute of Technology, Sloan School of Management, 2000. |
| first_indexed | 2024-09-23T08:59:44Z |
| format | Thesis |
| id | mit-1721.1/9154 |
| institution | Massachusetts Institute of Technology |
| language | eng |
| last_indexed | 2024-09-23T08:59:44Z |
| publishDate | 2005 |
| publisher | Massachusetts Institute of Technology |
| record_format | dspace |
| spelling | mit-1721.1/91542019-04-10T20:07:10Z Real options valuation of eBusiness Tan, Enk Ee, 1968- Jiang Wang. Sloan School of Management. Sloan School of Management. Sloan School of Management. Thesis (M.B.A.)--Massachusetts Institute of Technology, Sloan School of Management, 2000. Includes bibliographical references. Traditional funding criteria like return on investment (ROI) and net present value (NPV) do not work well with most eBusiness. These corporate budgeting techniques were designed for relatively slow progressing or well-established business models. The Internet marketplace is constantly being redefined and most of these projects have a high velocity of evolution and uncertainty. Firms and investors have yet to possess systematic and quantitative financial evaluation tools. After studying the behavior of Internet firm valuations and exhaustively investigating the conventional ways of valuing an eBusiness, this paper finds that real options valuation is an extremely useful analytical tool for valuing eBusiness projects from the management's perspective. It provides management a powerful extension of the traditional cash flow budgeting models, and a structure to attach and quantify strategies. Real options valuation in its current form, however, is not entirely suitable for the use as a valuation tool for traded stocks. by Enk Ee Tan. M.B.A. 2005-08-22T23:08:36Z 2005-08-22T23:08:36Z 2000 2000 Thesis http://hdl.handle.net/1721.1/9154 45259592 eng M.I.T. theses are protected by copyright. They may be viewed from this source for any purpose, but reproduction or distribution in any format is prohibited without written permission. See provided URL for inquiries about permission. http://dspace.mit.edu/handle/1721.1/7582 71 leaves 4089507 bytes 4089264 bytes application/pdf application/pdf application/pdf Massachusetts Institute of Technology |
| spellingShingle | Sloan School of Management. Tan, Enk Ee, 1968- Real options valuation of eBusiness |
| title | Real options valuation of eBusiness |
| title_full | Real options valuation of eBusiness |
| title_fullStr | Real options valuation of eBusiness |
| title_full_unstemmed | Real options valuation of eBusiness |
| title_short | Real options valuation of eBusiness |
| title_sort | real options valuation of ebusiness |
| topic | Sloan School of Management. |
| url | http://hdl.handle.net/1721.1/9154 |
| work_keys_str_mv | AT tanenkee1968 realoptionsvaluationofebusiness |