Por favor, use este identificador para citar o enlazar este ítem: http://repositoriodigital.uns.edu.ar/handle/123456789/4444
Registro completo de metadatos
Campo DC Valor Lengua/Idioma
dc.contributor.authorMilanesi, Gastón S.-
dc.contributor.authorEl Alabi, Emilio-
dc.description.abstractContexts with high volatility and extreme events condition the value of the firm, its tax savings and continuity. These conditions must be contemplated for the employed valuation model. In that sense, the present paper’ basis is the classic binomial model incorporating: a) firm contingent states of continuity or dissolution; b) tax saving valuation like a basket of real options, and c) extreme events by Edgeworth transformation. The paper structures in the following manner: first it develops the binomial function changed with the Edgeworth extension and the construction of implicit binomial lattice. Then it develops a valuation adapted to the binomial model with Edgeworth expansion that incorporates contingent tax savings, continuity or liquidation scenarios and cost of bankruptcy. With a hypothetical case it is illustrated its functioning, and comparing the results obtained between situations with kurtosis and skewness or normally. Finally the main conclusions are exposed.es
dc.format.extent25 págs.es
dc.rightsAtribución – No Comercial – Sin Obra Derivada (BY-NC-ND) No se permite un uso comercial de la obra original ni la generación de obras derivadas. Esta licencia no es una licencia libre, y es la más cercana al derecho de autor tradicional.-
dc.subjectContingent Stateses
dc.subjectReal optionses
dc.subjectTax Savingses
dc.subjectEdgeworth Expansiones
dc.titleA Binomial Model with Edgeworth Expansion on Particular Circumstanceses
dcterms.isPartOfEuropean accounting and management review (EAMR).Associació Catalana de Comptabilitat i Direcció, ACCIDes
uns.author.affiliationFil: Milanesi, Gastón S. Universidad Nacional del Sur. Departamento de Ciencias de la Administración; Argentina.es
uns.author.affiliationFil: El Alabi, Emilio. Universidad Nacional del Sur. Departamento de Ciencias de la Administración; Argentina.es
uns.bibliographicCitationMilanesi, G., El Alabi, Emilio (2018). A binomial model with edgeworth expansion on particular. European accounting and management review (EAMR). En RIDCA. Disponible en: http://repositoriodigital.uns.edu.ar/handle/123456789/4444-
Aparece en las colecciones: Artículos Científicos

Ficheros en este ítem:
Fichero Descripción Tamaño Formato  
A Binomial Model with Edgeworth Expansion on Particular.pdfArtículo científico430,12 kBAdobe PDFVisualizar/Abrir