Application of Real Option approach for optimizing Venture Capital

Q: How can I download an article?

To download an article from SID, first log in to the site, search for the article title, and click on the 'Download Article' option.

Q: How can I download an ISI article?

To download an ISI article on SID, enter the keyword or article title in the search bar, view the relevant results, click on the desired article, and select the 'Download Article' option.

Q: How can I access the SID database?

To access the SID database, visit SID.ir, create an account, and log in to access scientific resources.

Q: Is downloading articles from SID free?

Some articles on SID are available for free, while others require payment. Details are specified on the article's page.

moradi farshid; TEHRANI REZA; MOMENI MANSOUR; SHAMS SHAHABEDDIN

Scientific Information Database (SID) - Trusted Source for Research and Academic Resources

Journal Paper

Paper Information

Journal: FINANCIAL ENGINEERING AND SECURITIES MANAGEMENT (PORTFOLIO MANAGEMENT) Year:2020 | Volume:10 | Issue:41 Page(s): 366-392

Download Full-Text

مرکز اطلاعات علمی Scientific Information Database (SID) - Trusted Source for Research and Academic Resources

Persian Verion

View:

504

Download:

Cites:

Information Journal Paper

Title

Application of Real Option approach for optimizing Venture Capital

Author(s)

moradi farshid | TEHRANI REZA | MOMENI MANSOUR | SHAMS SHAHABEDDIN | Issue Writer Certificate

Keywords

Venture CapitalQ2

stochastic processesQ1

Real optionsQ1

Capital budgetingQ2

Abstract

Application of traditional approaches based on Discounting the cash flow in order to evaluate and comparing investment opportunities including Venture Capital in most industries is a very common issue. Due to the lacking deep certainty in this sort of venture, relying on traditional approaches could end up with inappropriate decision making, because of ignoring the managerial flexibility. At this study the real option approach in estimated Capital budgeting was compared with traditional approach based on Discounting the income. The research hypothesis was that the real option approach could improve the quality of decision making and optimize the investing portfolio from the high risk projects. Accordingly, a Venture Capital company in the field of pharmaceutical products and medical and therapeutic equipment was chosen for applying the model considering two indicators of the availability and completeness of the financial information of the plans by using the case study approach. The results indicated that considering the value of flexible deciding, the efficacy of the Capital budgeting model based on dynamic planning and Real options shows more precision than traditional budgeting approach.

Cites

No record.

References

No record.

Cite

APA: Copy

moradi, farshid, TEHRANI, REZA, MOMENI, MANSOUR, & SHAMS, SHAHABEDDIN. (2020). Application of Real Option approach for optimizing Venture Capital. FINANCIAL ENGINEERING AND SECURITIES MANAGEMENT (PORTFOLIO MANAGEMENT), 10(41 ), 366-392. SID. https://sid.ir/paper/371831/en

Vancouver: Copy

moradi farshid, TEHRANI REZA, MOMENI MANSOUR, SHAMS SHAHABEDDIN. Application of Real Option approach for optimizing Venture Capital. FINANCIAL ENGINEERING AND SECURITIES MANAGEMENT (PORTFOLIO MANAGEMENT)[Internet]. 2020;10(41 ):366-392. Available from: https://sid.ir/paper/371831/en

IEEE: Copy

farshid moradi, REZA TEHRANI, MANSOUR MOMENI, and SHAHABEDDIN SHAMS, “Application of Real Option approach for optimizing Venture Capital,” FINANCIAL ENGINEERING AND SECURITIES MANAGEMENT (PORTFOLIO MANAGEMENT), vol. 10, no. 41 , pp. 366–392, 2020, [Online]. Available: https://sid.ir/paper/371831/en

Related Journal Papers