期刊名称：International Journal of Information Science and Management (IJISM)
印刷版ISSN：2008-8302
电子版ISSN：2008-8310
出版年度：2012
卷号：3
期号：2
页码：71-79
语种：English
出版社：REGIONAL INFORMATION CENTER FOR SCIENCE AND TECHNOLOGY
其他摘要：The purpose of this paper is to review the real options literature, which has provided a promising area of development in the capital budgeting process of the firm, and to emphasize that employing the new theory, as part of the information system, depends heavily on the implementation of computer information systems, as Decisions Support Systems (DSSs) . The paper concentrates on two important real options: to wait and to abandon. It is shown that in absence of the real option values in the capital decision making models, the outcome of such models would be misleading and would lead to wrong decisions. The paper furnishes some avenues for further research in capital budgeting employing real option literature .
