Table of contents
SAFETY MARGINS AND CAPITAL BUDGETING CRITERIA
Edward M. MillerTextbooks often portray capital budgeting as a rather mechanical process: Top management decides whether or not to accept a project by requesting an estimate of net present value…
THE EVOLVING ROLE OF STRATEGY CONSIDERATIONS IN THE THEORY AND PRACTICE OF FINANCE
John Martin, John KensingerPerhaps there is no area in which the practice of financial management and its academic treatment are more divergent than in the area of corporate strategy or strategic planning…
THE CAPITAL INVESTMENT PROJECT AS A SET OF EXCHANGE OPTIONS
John W. KensingerModels for valuing an option to exchange one commodity for another, or any combination of n commodities for some combination of m others, are applied to the capital budgeting…
THE CAPITAL BUDGETING PROCESS OF LARGE U.S. FIRMS; AN ANALYSIS OF CAPITAL BUDGETING MANUALS.
Tarun K. MukherjeeIn a departure from the usual questionnaire‐based survey, this study attempts to understand the capital budgeting process of large U.S. firms by examining capital budgeting…
SOPHISTICATED METHODS OF CAPITAL BUDGETING AN ECONOMICS OF INTERNAL ORGANIZATION APPROACH
Lawrence A. Gordon, George E. Pinches, Frank T. StocktonThe traditional approach to capital expenditure analysis is based on the neoclassical economic paradigm. According to this paradigm, managers are assumed to strive for profit…
ISSN:
0307-4358Online date, start – end:
1975Copyright Holder:
Emerald Publishing LimitedOpen Access:
hybridEditor:
- Professor Don Johnson