First published in 2009. The limited text material available to highlight the relationships among capital structure, managerial incentives and valuation has also constrained teaching efforts at business schools. Long-term Investments is intended to give a bird’s eye view of projects for a diverse audience encountered at contemporary business schools. This book is an attempt to blend the theory from Corporate Finance courses with the real-world situations encountered by a project analyst. It provides a systematic ‘guided-tour’ of the world of projects commencing with a strategic view, through the development of financial models and culminates with an evaluation of risk and the design of risk-mitigation measures. Given the emphasis on the development of financial models to help make investment decisions, it is designed to simultaneously appeal to business school students and to serve as a do-it-yourself guide for practicing professionals.

chapter Chapter 2|16 pages

Strategic Aspects of Large-scale Investment Projects

chapter Chapter 3|19 pages

Financial Modeling

chapter Chapter 4|15 pages

Optimization of Capital Structure

chapter Chapter 5|11 pages

Assessment of Project Viability

chapter Chapter 6|14 pages

Analysis of Project Risk

chapter Chapter 7|12 pages

Management of Project Risk

chapter Chapter 8|11 pages

Risk and Real Options in Project Appraisal