外文翻译--项目投资决策方法研究：期权法（节选）.doc

　　中文 3060 字，1500 单词， 8600 英文字符 　　本 科 毕 业 论 文 外 文 资 料 翻 译 　　系 别： 经济系 　　专 业： 会计学 　　姓 名： 　　学 号： 　　2015 年 4 月 30 日 　　外文原文 　　Project investment decision-making methods research:Real OptionsInvestment decision-making is an important part of the financial management. Butthere is little system study in this area. Some experts on management, economistsprovided the general principal of management decision-making and strategic planningfrom their own standpoints. 　　But they didn’t organically integrate thedecision-making theories, strategic management and financial management. That iswhy I choose this topic. In this paper I provide the techniques system and controlsystem of corporation investment decision-making by the integration of management,Economics and financial management theory. 　　Key words： Investment decision-making, Theory basis, Decision-making method,Option 　　1. Introduction 　　With the rapid development of global economic integration, corporates are facing theuncertain increasing factors, dynamic and complex characters of competitionenvironment are quite distinctive. Especially the global financial and Euro crisiscaused by the United States subprime mortgage in 2008 had a huge impact on theworld economy, which emerged as a new form of the current global economic crisis,but also brought about great risk to the enterprise financial management. 　　It is considered possible to make scientific Corporation investment decisions. 　　Conventional investment theories held that successful investments only depended onopportunities. Because the future environment is uncertain, And nobody can expect itprecisely. There is sense in these theories as they revealed the fact that the investmenthas high risk. With the development of the management, economics and alsoinvestment theories themselves, conventional investment theories are replaced by thenew and scientific modern investment theories and the latter are the main stream ofthe investment theories. The following is the main points