{"id":14420,"date":"2001-12-12T00:00:00","date_gmt":"2001-12-12T00:00:00","guid":{"rendered":"https:\/\/www.deberes.net\/tesis\/sin-categoria\/responsabilidad-limitada-coste-de-capital-y-crisis-empresariales-analisis-por-medio-de-la-teoria-de-opciones\/"},"modified":"2001-12-12T00:00:00","modified_gmt":"2001-12-12T00:00:00","slug":"responsabilidad-limitada-coste-de-capital-y-crisis-empresariales-analisis-por-medio-de-la-teoria-de-opciones","status":"publish","type":"post","link":"https:\/\/www.deberes.net\/tesis\/ciencias-economicas\/responsabilidad-limitada-coste-de-capital-y-crisis-empresariales-analisis-por-medio-de-la-teoria-de-opciones\/","title":{"rendered":"Responsabilidad limitada, coste de capital y crisis empresariales: analisis por medio de la teoria de opciones."},"content":{"rendered":"<h2>Tesis doctoral de <strong> Neus Orgaz Guerrero <\/strong><\/h2>\n<p>En esta tesis doctoral, hemos extendido el modelo monoperi\u00f3dico de valoracion de opciones de black y schules a un horizonte perpetuo, pudiendo as\u00ed valorar la opci\u00f3n de responsabilidad limitada para el caso habitual en que la vida de la empresa no tiene un horizonte finito. Hemos incorporado a la opcion de responsabilidad limitada la opci\u00f3nd el abandonar y los costes fijos, lo cual nos ha permitido no solo analizar simultaneamente la quiebra y el cese de actividades de la empresa, sino tambien valorar los efectos sobre el coste de la financiacion de la opcion de abandonar y los costes fijos. Hasta este punto el modelo que hemos construido presenta tres elementos de rigidez: la tasa de inter\u00e9s y la desviaci\u00f3n tipica constantes y el propio horizonte perpetuo. Para superar esta limitaci\u00f3n hemos transformado, por una parte, este modelo de coste fijo en un modelo de coste variable, en el que el coste de la financiaci\u00f3n se adapta en cada periodo a las variaciones del tipo de interes y del valor de la opci\u00f3n de responsabilidad limitada. por otra parte, hemos introducido diversos horizontes en el modelo con objeto de compaginar la deuda a horizonte finito con la deuda perpetua.<\/p>\n<p>&nbsp;<\/p>\n<h3>Datos acad\u00e9micos de la tesis doctoral \u00ab<strong>Responsabilidad limitada, coste de capital y crisis empresariales: analisis por medio de la teoria de opciones.<\/strong>\u00ab<\/h3>\n<ul>\n<li><strong>T\u00edtulo de la tesis:<\/strong>\u00a0 Responsabilidad limitada, coste de capital y crisis empresariales: analisis por medio de la teoria de opciones. <\/li>\n<li><strong>Autor:<\/strong>\u00a0 Neus Orgaz Guerrero <\/li>\n<li><strong>Universidad:<\/strong>\u00a0 Aut\u00f3noma de barcelona<\/li>\n<li><strong>Fecha de lectura de la tesis:<\/strong>\u00a0 12\/12\/2001<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<h3>Direcci\u00f3n y tribunal<\/h3>\n<ul>\n<li><strong>Director de la tesis<\/strong>\n<ul>\n<li>Joan Montllor Serrats<\/li>\n<\/ul>\n<\/li>\n<li><strong>Tribunal<\/strong>\n<ul>\n<li>Presidente del tribunal: enrique Ribas mirangels <\/li>\n<li>angels Berges lobera (vocal)<\/li>\n<li>Jos\u00e9 Luis Raymond bara (vocal)<\/li>\n<li>xavier Freixas dargallo (vocal)<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tesis doctoral de Neus Orgaz Guerrero En esta tesis doctoral, hemos extendido el modelo monoperi\u00f3dico de valoracion de opciones de [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center 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