• DocumentCode
    3413557
  • Title

    Valuation of investment projects in the context of sustainable development: Real option approach

  • Author

    Targiel, Krzysztof S.

  • Author_Institution
    Dept. of Oper. Res., Univ. of Econ. in Katowice, Katowice, Poland
  • fYear
    2013
  • fDate
    9-12 Dec. 2013
  • Firstpage
    90
  • Lastpage
    94
  • Abstract
    Traditionally, the evaluation of development projects is made on the basis of financial criteria. In the context of sustainable development, the social and environmental aspects must also be considered. Contemporary project valuation takes into account not only the static planned cash flows but also opportunities that may appear, known as real options. This paper describes a method for the valuation of development projects, taking into account the above aspects of valuation.
  • Keywords
    investment; project management; socio-economic effects; sustainable development; value engineering; cash flows; environmental aspects; financial criteria; investment project valuation; real options; social aspects; sustainable development; Cost accounting; Decision making; Exchange rates; Investment; Sustainable development; Unemployment; project valuation; real options; sustainable development;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Sustainable Technologies (WCST), 2013 World Congress on
  • Conference_Location
    London
  • Type

    conf

  • DOI
    10.1109/WCST.2013.6750412
  • Filename
    6750412