Research on Small and Medium-sized Military Enterprise Valuation Based on Real Options
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Luo Xuan, Zhu Zhengxuan
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.
Enterprise value assessment; real options; Schwartz Moon; sensitivity