Author(s)

Luo Xuan, Zhu Zhengxuan

Corresponding Author

Zhu Zhengxuan

Abstract

This paper uses real option theory —Schwartz Moon to discuss current market evaluation, and tries to find out key factors that can affect enterprise value. We also try to give management and investment suggestions to managers and investors of small and medium-sized military enterprises.

Keywords

Enterprise value assessment; real options; Schwartz Moon; sensitivity