Online banking investment decision with real option pricing analysis.

Chu Chun-fai, Carlin. / Thesis (M.Phil.)--Chinese University of Hong Kong, 2001. / Includes bibliographical references (leaves 69-73). / Abstracts in English and Chinese. / Chapter Part I: --- INTRODUCTION --- p.1 / Chapter Part II: --- LITERATURE REVIEW --- p.4 / Chapter - --- Financial option-pricing theory / Chapter - --- Real option-pricing theory / Chapter - --- Real option-pricing theory in Management Information System Area / Chapter Part III: --- CASE BACKGROUND --- p.14 / Chapter - --- Case Background / Chapter - --- Availability of online banking services in Hong Kong / Chapter - --- Online banking investment in the Hong Kong Chinese Bank / Chapter Part IV: --- RESEARCH MODEL --- p.19 / Chapter - --- Research model / Chapter - --- Modelling of the optimal timing problem of HKCB / Chapter - --- Justification of geometric Brownian motion assumption for using Black-Scholes formula / Chapter Part V : --- DATA COLLECTION --- p.30 / Chapter Part VI: --- ANALYSIS RESULT --- p.35 / Chapter - --- Analysis result / Chapter - --- Sensitivity analysis on the selected parameters / Chapter - --- Suggested investment timing / Chapter Part VII: --- DISCUSSIONS AND IMPLICATIONS --- p.44 / Chapter - --- Result discussion / Chapter - --- Implications for researchers / Chapter - --- Implications for practitioners / Chapter Part VIII: --- LIMITATIONS AND CONTRIBUTIONS --- p.48 / Chapter - --- Limitation on data collection process / Chapter - --- Limitations on Black-Scholes model / Chapter - --- Contributions / APPENDIX / Appendix A -Limitation of traditional Discounted Cash Flow analysis --- p.51 / Appendix B -Banks services available to the customers --- p.54 / Appendix C -Sample path of a Geometric Brownian Motion --- p.56 / Appendix D -Discounted Cash Flows analysis of immediate entry of online banking investment --- p.57 / Appendix E -Black-Scholes formula and its interpretation for non-traded --- p.61 / Appendix F -Questionnaire for Online banking investment --- p.64 / Appendix G -Availability of online banking services in May 2001 --- p.67 / Appendix H -Sensitivity analysis on the number of initial usage --- p.68 / Appendix I -Reference List --- p.69

Identiferoai:union.ndltd.org:cuhk.edu.hk/oai:cuhk-dr:cuhk_323412
Date January 2001
ContributorsChu, Chun-fai Carlin., Chinese University of Hong Kong Graduate School. Division of Business Administration.
Source SetsThe Chinese University of Hong Kong
LanguageEnglish, Chinese
Detected LanguageEnglish
TypeText, bibliography
Formatprint, iii, 73 leaves : ill. ; 30 cm.
CoverageChina, Hong Kong
RightsUse of this resource is governed by the terms and conditions of the Creative Commons “Attribution-NonCommercial-NoDerivatives 4.0 International” License (http://creativecommons.org/licenses/by-nc-nd/4.0/)

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