haku: @author Baker, J. / yhteensä: 10
viite: 8 / 10
Tekijä: | Ahkam, S. Baker, J. |
Otsikko: | Cash flow estimation and cost of capital for overseas projects |
Lehti: | Accounting and Business Research
1993 : SPRING, VOL. 23:90, p. 99-109 |
Asiasana: | CASH FLOW ESTIMATION CAPITAL COSTS PROJECTS |
Kieli: | eng |
Tiivistelmä: | Several issues concerning foreign project evaluation are critically examined. The paper suggests that the point of view for analysis, cost of capital and cash flow may be internally consistent. Three points of view of analysis, local, global,and parent specific, are identified and various inconsistencies in the estimation of the initial outlay and project cash flows are identified. The elimination of the inconsistencies is discussed. It is argued that the treatment of blocked funds is relevant only from the parent specific point of view. |
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