Study on application of CFaR in investment decision-making ofinternational resource program
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    Abstract:

    Because of shortcomings of traditional evaluation method for project investment, we adopt CFaR(Cash Flow at Risk)in the Agadem Oil Exploration Block (AOEB). It is found that the CFaR reflects the investment risk profile of the project more authentically and practically, compared to NPV and other evaluation method, which is more conducive to investors to make decisions.

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范登龙,刘宝发,杨文芳.在险现金流在国际资源项目投资决策中的应用研究[J].重庆大学学报社会科学版,2016,22(4):98~104

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History
  • Received:March 26,2016
  • Revised:
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  • Online: July 18,2016
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