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Author:Buckley, A.
Title:The financial analysis of foreign investment decisions by large UK-based companies
Journal:European Journal of Finance
1996 : JUN, VOL. 2:2, p. 181-206
Index terms:INVESTMENT
INTERNATIONAL
APPRAISAL
Language:eng
Abstract:Various studies of international investment appraisal practices of US-based multinationals suggest that they largely fail to conform to theoretical ideas on project screening and fall short of those used for domestic projects. The findings of these American investigations are summarized. The survey that is the focus of this paper relates to international investment project appraisal practices of large UK companies. It is a unique study in the sense that it is the first British investigation of international capital appraisal procedures which applies statistical analysis to its results.
SCIMA record nr: 152982
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