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Real Options in Management and Organizational Strategy: A Review of Decision-making and Performance Implications

Driouchi, Tarik (author)
University of London
Bennett, David, 1947 (author)
University of South Australia,Aston University
 (creator_code:org_t)
2011-05-12
2012
English.
In: International Journal of Management Reviews. - : Wiley. - 1468-2370 .- 1460-8545. ; 14:1, s. 39-62
  • Journal article (peer-reviewed)
Abstract Subject headings
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  • This paper contributes to the debate on the role of real options theory in business strategy and organizational decision-making. It analyses and critiques the decision-making and performance implications of real options within the management theories of the (multinational) firm, reviews and categorizes the organizational, strategic and operational facets of real options management in large business settings. It also presents the views of scholars and practitioners regarding the incorporation and validity of real options in strategy, international management and business processes1. The focus is particularly on the decision-making and performance attributes of the real options logic concerning strategic investments, governance modes and multinational operations management. These attributes are examined from both strategic and operating perspectives of decision-making in organizations, also with an overview of the empirical evidence on real options decision-making and performance.

Subject headings

TEKNIK OCH TEKNOLOGIER  -- Annan teknik (hsv//swe)
ENGINEERING AND TECHNOLOGY  -- Other Engineering and Technologies (hsv//eng)
SAMHÄLLSVETENSKAP  -- Ekonomi och näringsliv -- Företagsekonomi (hsv//swe)
SOCIAL SCIENCES  -- Economics and Business -- Business Administration (hsv//eng)

Keyword

real options
performance
strategy
decision-making

Publication and Content Type

art (subject category)
ref (subject category)

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