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
Link To Document