摘要
The paper examines the timing and pricing of Initial Public Offers and Trade-sales in venture capital. Based on the real options theory and the contingent claims analysis, our model derives the optimal deferring time and calculates the threshold of cash flows. Finally, numerical results show how the parameters interact to determine the exit timing and pricing.
| 源语言 | 英语 |
|---|---|
| 主期刊名 | ICMSEM |
| 主期刊副标题 | Proceedings of 2007 International Conference on Management Science and Engineering Management |
| 页 | 399-402 |
| 页数 | 4 |
| 出版状态 | 已出版 - 2007 |
| 活动 | 2007 International Conference on Management Science and Engineering Management - Sichuan, 中国 期限: 14 7月 2007 → 21 7月 2007 |
出版系列
| 姓名 | ICMSEM: Proceedings of 2007 International Conference on Management Science and Engineering Management |
|---|
会议
| 会议 | 2007 International Conference on Management Science and Engineering Management |
|---|---|
| 国家/地区 | 中国 |
| 市 | Sichuan |
| 时期 | 14/07/07 → 21/07/07 |
指纹
探究 'Exit timing and pricing in venture capital: Real options' 的科研主题。它们共同构成独一无二的指纹。引用此
Chenyu, Z., Chun, Q., & Xuan, L. (2007). Exit timing and pricing in venture capital: Real options. 在 ICMSEM: Proceedings of 2007 International Conference on Management Science and Engineering Management (页码 399-402). (ICMSEM: Proceedings of 2007 International Conference on Management Science and Engineering Management).