The Third Level of Lawrence Kohlberg's Theory of Moral Reasoning

question 114

Short Answer

The third level of Lawrence Kohlberg's theory of moral reasoning.At this (the highest)level,morality is more internal.

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Definitions:

Real Options

The value of additional decision-making opportunities available to a business when investing, likened to financial options.

Cash Flow

The amount of cash and cash equivalents being transferred into and out of a business, indicating its liquidity position.

Net Present Value

Net present value (NPV) is the calculation used to find today’s value of a future stream of payments and earnings, accounting for the time value of money.

Cost of Capital

The return rate that a company must achieve in order to compensate its investors for the risk of the investment, including the cost of equity and debt.