2009 Fiscal Year Final Research Report
Real options studies : development and analysis of theoretical models and case studies
| Project/Area Number |
20710116
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| Research Category |
Grant-in-Aid for Young Scientists (B)
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| Allocation Type | Single-year Grants |
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| Research Field |
Social systems engineering/Safety system
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| Research Institution | Osaka University |
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Principal Investigator |
NISHIHARA Michi Osaka University, 大学院・経済学研究科, 講師 (20456940)
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| Project Period (FY) |
2008 – 2009
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| Keywords | ファイナンス / 金融工学 |
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| Research Abstract |
I carried out two types of researches. The first is an analysis of real investment problems in the corporate finance framework. I revealed interactions among corporate financing, capital structure, and investment strategies, and I pointed out the presence of agency problems among managers, shareholders, and bondholders. The second research consists of case studies on real options. This includes many useful findings in evaluation of universities and adjustment of the number of entrants.
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