Real Options and Financial Flexibility in Financial Management

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Understanding real options and their interactions with financial flexibility is crucial in financial management. This study by Lenos Trigeorgis explores the concept in detail, highlighting the importance of incorporating real options analysis in decision-making processes. The research provides valuable insights into how financial flexibility can impact strategic choices and enhance the value of investment opportunities. Through a series of informative slides, the presentation delves into the complexities of real options theory and its practical implications for managerial decision-making.


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  1. Real Options and Interactions with Financial Flexibility Lenos Trigeorgis Financial Management 22(3): 202-24 (1993)

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