Real options approach to valuation of fuel cell companies.
This paper develops a growth option model for the valuation of a part of the business of Ballard Power Systems, a leading fuel cell company. It is modeled as a compound growth option, and an explanation is provided for the difference in valuation arrived at by using the dynamic discounting cash flow...
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| 格式: | Theses and Dissertations |
| 語言: | English |
| 出版: |
2008
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| 主題: | |
| 在線閱讀: | http://hdl.handle.net/10356/7659 |
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| 機構: | Nanyang Technological University |
| 語言: | English |