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Optionsbasierte Unternehmensbewertung

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Brand
Springer Nature
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N/A
Part Number
0
GTIN
9783824490127
Condition
New
Product Description

Traditionelle Bewertungsverfahren, wie die Discounted Cash-Flow Methode, sind nicht geeignet, komplexe Investitionsvorhaben und Akquisitionen adquat zu bewerten. Sie bercksichtigen weder die operative Flexibilitt des Management noch das Vorhandensein strategischer Optionen, die mit der bernahme von Unternehmen verbunden sein knnen. Christian Koch entwickelt auf Basis des Binominalansatzes ein praxisnahes Bewertungsinstrument zur Berechnung von Realoptionen bei Unternehmenskufen. Das Instrumentarium differenziert zwischen strategischen, operativen und finanzseitigen Optionen. An Hand von numerischen Analysen veranschaulicht der Autor die Werteffekte von Optionen, die einen beachtlichen Teil des Gesamtunternehmenswerts ausmachen.

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