haku: @indexterm CAPITAL EXPENDITURE / yhteensä: 53
viite: 28 / 53
| Tekijä: | Taggart, R. A. |
| Otsikko: | Allocating capital among a firm's divisions : hurdle rates vs. budgets. |
| Lehti: | Journal of Financial Research
1987 : FALL, VOL. 10:3, p. 177-189 |
| Asiasana: | CAPITAL EXPENDITURE DIVISIONALISED COMPANIES CAPITAL BUDGETING |
| Kieli: | eng |
| Tiivistelmä: | An examination of the merits of alternative systems for allocating capital within a firm, with a budget system, whereby top management limits divisional investment, without full knowledge of the division's investment opportunities, and that a budget system is useful when there are externalities among the investments of different divisions and when division managers' estimates of projects are subject to error. |
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