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Liu et al., 2018 - Google Patents

Firm valuation over lifecycle: A perspective on growth option

Liu et al., 2018

Document ID
302969113931842872
Author
Liu H
Li Q
Zeng Y
Publication year
Publication venue
Asia‐Pacific Journal of Financial Studies

External Links

Snippet

This paper investigates the roles of the dynamic of growth options in determining possible change trends of firm valuation over a firm's lifecycle. The theoretical results show that the gradual exercising of endowed growth options will cause a downward trend of firm valuation …
Continue reading at onlinelibrary.wiley.com (other versions)

Classifications

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