. . "S" . "6" . . "9"^^ . . . "International Journal of Mathematical Models and Methods in Applied Science" . "Flexibility consideration in equity valuation" . . . "[F7A551E38368]" . "Flexibility consideration in equity valuation"@en . "28120" . "1998-0140" . "8" . . "Real options; Operation and strategic flexibility; Equity valuation; Business model"@en . . "1"^^ . "RIV/70883521:28120/12:43868118" . "Flexibility consideration in equity valuation"@en . . "136773" . . . . "Flexibility consideration in equity valuation" . "RIV/70883521:28120/12:43868118!RIV13-MSM-28120___" . . . "Kramn\u00E1, Eva" . "Static discounted cash flow model fails to capture the value of flexibility in decision-making or determination of business value. Companies from sector of building materials are dependent on the growth of the economy and of course on the commodity price. These companies face and uncertain business environment. To illustrate how the flexibility may influence the value of the company the equity of the analyzed company by applying real options concept is determined. The article concentrates on the valuation under risk and flexibility. Empirically, business model for valuation and corporate financial decisions created by Thomas S. Z. Ho and Sang Bin Lee were tested. The equity value and analyze of the potential impact of active management intervention to company value is accomplished. The paper brings new view on business valuation with integration of flexibility."@en . "GB - Spojen\u00E9 kr\u00E1lovstv\u00ED Velk\u00E9 Brit\u00E1nie a Severn\u00EDho Irska" . . "Static discounted cash flow model fails to capture the value of flexibility in decision-making or determination of business value. Companies from sector of building materials are dependent on the growth of the economy and of course on the commodity price. These companies face and uncertain business environment. To illustrate how the flexibility may influence the value of the company the equity of the analyzed company by applying real options concept is determined. The article concentrates on the valuation under risk and flexibility. Empirically, business model for valuation and corporate financial decisions created by Thomas S. Z. Ho and Sang Bin Lee were tested. The equity value and analyze of the potential impact of active management intervention to company value is accomplished. The paper brings new view on business valuation with integration of flexibility." . "1"^^ .