Research Article

REAL OPTIONS, INVESTMENT AND FINANCING DECISIONS, AND THE THEORY OF THE FlRM

Volume: 50 Number: 01 January 1, 1995
  • Asım Gürsel Çelik
Ankara University SBF Journal Cover
Ankara University SBF Journal
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REAL OPTIONS, INVESTMENT AND FINANCING DECISIONS, AND THE THEORY OF THE FlRM

Abstract

Inthe agency theory of the firm, Jensen and Mackling (1976) defmes the corporatlons as legal fictions which serve as a nexus for a set of contraeting relationslıips among individuals. 1 The agency costs explanation of the theory of the fımı helps us ID understand better the nabJre of the relationships among owners, managers, debtbolders. employees, suppliers, costwners and the regulatory power. In another seminal paper, Black and Scholes (1973) provides a tey to the valuation of contingent claims which, like options, have payoffs that are contingellt on the future value of another asset

Keywords

Details

Primary Language

English

Subjects

-

Journal Section

Research Article

Authors

Asım Gürsel Çelik This is me

Publication Date

January 1, 1995

Submission Date

July 31, 2014

Acceptance Date

-

Published in Issue

Year 1995 Volume: 50 Number: 01

DOI

https://doi.org/10.1501/SBFder_0000001792

IZ

https://izlik.org/JA82RA69ZP

Cite

RIS / Bibtex
APA
Çelik, A. G. (1995). REAL OPTIONS, INVESTMENT AND FINANCING DECISIONS, AND THE THEORY OF THE FlRM. Ankara Üniversitesi SBF Dergisi, 50(01), 145-154. https://doi.org/10.1501/SBFder_0000001792
AMA
1.Çelik AG. REAL OPTIONS, INVESTMENT AND FINANCING DECISIONS, AND THE THEORY OF THE FlRM. SBF Dergisi. 1995;50(01):145-154. doi:10.1501/SBFder_0000001792
Chicago
Çelik, Asım Gürsel. 1995. “REAL OPTIONS, INVESTMENT AND FINANCING DECISIONS, AND THE THEORY OF THE FlRM”. Ankara Üniversitesi SBF Dergisi 50 (01): 145-54. https://doi.org/10.1501/SBFder_0000001792.
EndNote
Çelik AG (January 1, 1995) REAL OPTIONS, INVESTMENT AND FINANCING DECISIONS, AND THE THEORY OF THE FlRM. Ankara Üniversitesi SBF Dergisi 50 01 145–154.
IEEE
[1]A. G. Çelik, “REAL OPTIONS, INVESTMENT AND FINANCING DECISIONS, AND THE THEORY OF THE FlRM”, SBF Dergisi, vol. 50, no. 01, pp. 145–154, Jan. 1995, doi: 10.1501/SBFder_0000001792.
ISNAD
Çelik, Asım Gürsel. “REAL OPTIONS, INVESTMENT AND FINANCING DECISIONS, AND THE THEORY OF THE FlRM”. Ankara Üniversitesi SBF Dergisi 50/01 (January 1, 1995): 145-154. https://doi.org/10.1501/SBFder_0000001792.
JAMA
1.Çelik AG. REAL OPTIONS, INVESTMENT AND FINANCING DECISIONS, AND THE THEORY OF THE FlRM. SBF Dergisi. 1995;50:145–154.
MLA
Çelik, Asım Gürsel. “REAL OPTIONS, INVESTMENT AND FINANCING DECISIONS, AND THE THEORY OF THE FlRM”. Ankara Üniversitesi SBF Dergisi, vol. 50, no. 01, Jan. 1995, pp. 145-54, doi:10.1501/SBFder_0000001792.
Vancouver
1.Asım Gürsel Çelik. REAL OPTIONS, INVESTMENT AND FINANCING DECISIONS, AND THE THEORY OF THE FlRM. SBF Dergisi. 1995 Jan. 1;50(01):145-54. doi:10.1501/SBFder_0000001792