...Hemantha S.B. Herath; John S. Jahera, Jr In recent years, practitioners and academics have argued that traditional discounted cash flow (DCF) valuation models do not adequately capture the value of managerial flexibility to delay, grow, scale down or abandon projects. The insight is that a business...

...) criteria for assessing the applicability of organizational theory to MNEs. Considers the research implications and believes that MNE organization will eventually be seen, not as a special case, but as a general model. © MCB UP Limited 1999 Multinationals Organizational theory Flexibility...