Observatorio de I+D+i UPM

Memorias de investigación
Research Publications in journals:
The deferral option in the collective dismissal procedure
Year:2015
Research Areas
  • Humanities
Information
Abstract
The work in this paper focuses on the integration of the real options theory for organizational projects in the management of Human Resources, and particularly on the inclusion of the deferral option in collective dismissal procedures. This option has been studied and developed to be applied to ?Expediente de regulación de empleo?, which is the legal form existing in Spain for the collective termination of employment contracts and which organizations turn to when confronted with a negative financial situation, as a way of maintaining their viability. Two main issues which it is hoped to resolve are examined: the search for a source of uncertainty to make the deferral option viable for this type of projects, and the development of a procedure to obtain the value of the option and therefore facilitate decision making. The analysis performed has enabled us to state that the volatility of demand is the source of uncertainty that makes the option viable. The procedure developed by the binomial tree, which is determined by the evolution of demand, is the tool that enables the value of the option to be found.
International
Si
JCR
No
Title
Dirección y Organización
ISBN
2171-6323
Impact factor JCR
Impact info
Volume
Journal number
From page
Aceptado
To page
Aceptado
Month
SIN MES
Ranking
Participants
  • Autor: Santos Jose Eguren Segurado (UPM)
  • Autor: Pablo Solana Pérez (Escuela Técnica Superior de Ingenieros Industriales)
  • Autor: Maria Mercedes Grijalvo Martin (UPM)
Research Group, Departaments and Institutes related
  • Creador: Grupo de Investigación: Administración de Empresas
  • Departamento: Ingeniería de Organización, Administración de Empresas y Estadística
S2i 2020 Observatorio de investigación @ UPM con la colaboración del Consejo Social UPM
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