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| Tekijä: | Chen, S. |
| Otsikko: | An empirical examination of capital budgeting techniques: impact of investment types and firm characteristics |
| Lehti: | Engineering Economist
1995 : WINTER, VOL. 40:2, p. 145-170 |
| Asiasana: | EXAMINATIONS CAPITAL BUDGETING INVESTMENT |
| Kieli: | eng |
| Tiivistelmä: | This study reports the results of a survey of project evaluation techniques used in capital budgeting. Using the Friedman Two-Way ANOVA, this study compares four types of evaluation techniques over three types of investments. Not only does the study confirm the increasing popularity of discounted cash flow techniques as suggested by previous surveys, it also finds a wide use of non-financial techniques in evaluating competing projects. This study also examines the impact of investment types and firm characteristics. |
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