This research incorporates stochastic processes in the valuation of investment projects using real options, which is linked to the value of managerial flexibility, that is, to use the option in order to make strategic decisions in line with the company’s economic environment. A project is...

The present paper studies the mean–variance efficiency of the sustainable investment (SI) practice in Mexico by proving the existence of a statistical equality in the performance levels ofthe IPC sustainability (IPCS)index againstthe broad marketIPCcomp one. Using daily standard deviation and...

La contaminación ambiental y el riesgo de accidentes graves, son dos de los costos sociales de mayor consideración causados por el uso de automóviles. La presente investigación tiene como propósito analizar la conveniencia de realizar entrenamientos de automovilismo sustituyendo al auto...