Real Options for IFRS-S1 and S2 2024 Mandatory Disclosures: An Alternative Approach to Capital Budgeting Valuation

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AudienciaPúblico en generales_ES
CoberturaMéxicoes_ES
Fecha de ingreso2026-09-15T00:31:47Z
Fecha de publicación2025-01-01
ResumenThe new financial standards, IFRS S1 and S2, have not only modified the way financial reporting is presented to diverse stakeholders but have also increased uncertainty. These changes make traditional valuation methods inadequate. This article proposes the development of a valuation framework using Real Options Valuation (ROV), which incorporates the disclosures required by S1 and S2 as inputs to the valuation model. The framework proposes a quarterly decision rule for deferring investments, parameters aligned with the new sustainability disclosures, and notes in the financial statements proposed as voluntary reporting. The results show that, under regulatory uncertainty and its associated implications, the deferral option is a more effective technique than the Net Present Value method. For professionals responsible for the valuation process, the proposed model serves as a practical guide for applying the ROV within the capital budgeting process. For investors, it provides an additional element of transparency through disclosure and alignment with other existing accounting standards. This work lays the groundwork for future empirical applications as companies adapt to the implementation of new accounting standards and their associated reporting.es_ES
Doihttps://doi.org/10.3390/jrfm18100540es_ES
URIhttps://riuat.uat.edu.mx/handle/123456789/3504
Idiomaenes_ES
EditorialMDPI AGes_ES
RelaciónJournal of Risk and Financial Managementes_ES
URL relacionadohttps://doi.org/10.3390/jrfm18100540es_ES
DerechosAcceso restringido / Suscripción (Metadatos de producción científica)es_ES
Licenciahttp://purl.org/coar/access_right/c_16eces_ES
FuenteJournal of Risk and Financial Management
TítuloReal Options for IFRS-S1 and S2 2024 Mandatory Disclosures: An Alternative Approach to Capital Budgeting Valuationes_ES
TipoArtículoes_ES
ArbitradoHa sido Arbitradoes_ES
AutorDelgadillo, Victor Manuel Castillo
AutorDíaz-Peña, Luz del Carmen
AutorDelgadillo, Victor Manuel Castilloes_ES
AutorDíaz-Peña, Luz del Carmenes_ES
InstituciónUniversidad Autónoma de Tamaulipas
InstituciónUniversidad Autónoma de Tamaulipases_ES
Número10es_ES
Rango de páginas540es_ES
URL relacionadahttps://doi.org/10.3390/jrfm18100540
Tipo de artículoIndexado
Tipo de artículoIndexadoes_ES
Volumen18es_ES

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