Download or read book Capital Budgeting Practices Evidence from Indian Companies written by Roopali Batra and published by . This book was released on 2018-06-14 with total page 284 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book CAPITAL BUDGETING PRACTICES IN INDIA written by Dr. Preeti Arora and published by Lulu.com. This book was released on with total page 307 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Capital Budgeting in India written by L. S. Porwal and published by New Delhi : Sultan Chand. This book was released on 1976 with total page 114 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Capital Budgeting written by A. Bedi and published by Deep and Deep Publications. This book was released on 2005 with total page 156 pages. Available in PDF, EPUB and Kindle. Book excerpt: In Indian context.
Download or read book Capital Budgeting In India written by Badri Narayan Purohit and published by . This book was released on 1994-01-01 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Corporate Investment and Financial Practices in Service Sector in India written by Linga Reddy and published by Archers & Elevators Publishing House. This book was released on with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Capital Budgeting Practices written by Hideki Hanaeda and published by . This book was released on 2014 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this paper, we conducted a survey about capital budgeting techniques and the cost of capital for Japanese firms. We find that Japanese firms use payback period method more frequently than NPV and IRR in capital budgeting. Multivariate analyses also show that more financially constrained firms use payback period method more frequently ("Payback Syndrome") and that firm size and experience of M&A have influence on the usage of NPV. International comparisons indicate that capital budgeting practices of Japanese firms are different from US and other countries firms in some respects.
Download or read book Capital Budgeting written by Don Dayananda and published by Cambridge University Press. This book was released on 2002-10-17 with total page 290 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explains the financial appraisal of capital budgeting projects. The coverage extends from the development of basic concepts, principles and techniques to the application of them in increasingly complex and real-world situations. Identification and estimation (including forecasting) of cash flows, project appraisal formulae, and the application of net present value (NPV), internal rate of return (IRR) and other project evaluation criteria are illustrated with a variety of calculation examples. Risk analysis is extensively covered by the use of risk adjusted discount rate, certainty equivalent, sensitivity, simulation and Monte Carlo analysis. The NPV and IRR models are further applied to forestry, property and international investments. Resource constraints are introduced to the capital budgeting decisions with a variety of worked examples using linear programming technique. All calculations are extensively supported by Excel workbooks on the Web, and each chapter is well reviewed by end of chapter questions.
Download or read book Capital Budgeting Practices Including the Impact of Inflation written by John M. Boersema and published by [Toronto]: L'Institut canadien des comptables agréés. This book was released on 1978 with total page 252 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Capital Budgeting written by Pamela P. Peterson and published by John Wiley & Sons. This book was released on 2004-01-21 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: Capital investment decisions are a constant challenge to all levels of financial managers. Capital Budgeting: Theory and Practice shows you how to confront them using state-of-the-art techniques. Broken down into four comprehensive sections, Capital Budgeting: Theory and Practice explores and illustrates all aspects of the capital budgeting decision process. Pamela Peterson and Frank Fabozzi examine the critical issues and limitations of capital budgeting techniques with an in-depth analysis of: Classifying capital budgeting proposals Determining the relevant cash flows for capital budgeting proposals Assessing the economic value of a capital budgeting proposal using different techniques Incorporating risk into the capital budgeting decision Evaluating whether to lease or borrow-to-buy Capital Budgeting: Theory and Practice provides the knowledge, insight, and advice that will allow you to handle one of the most important aspects of your firm's financial management. Advanced enough for practitioners yet accessible enough for the novice, Capital Budgeting: Theory and Practice is your complete guide to understanding and benefiting from the essential techniques of capital budgeting.
Download or read book A Review of Capital Budgeting Practices written by Ms.Davina F. Jacobs and published by International Monetary Fund. This book was released on 2008-06-01 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: A key challenge in government budgeting is to define an appropriate balance between current and capital expenditures. Budgeting for government capital investment also remains not well-integrated into the formal budget preparation process in many countries. This paper aims to provide an overview of past and current budgeting practices for public investment. The study will also provide a comparison between the budget practices between low-income countries and developed countries and make a series of recommendations for how to ensure efficient integration of capital planning and budget management in low-income countries.
Download or read book Capital Budgeting Practices written by Niels Hermes and published by . This book was released on 2006 with total page 41 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper compares the use of capital budgeting techniques of Dutch and Chinese firms, using data obtained from a survey among 250 Dutch and 300 Chinese companies. Our main aim is to analyse the use of capital budgeting techniques by companies in both countries from a comparative perspective to see whether economic development matters. The empirical analysis provides evidence that Dutch CFOs on average use more sophisticated capital budgeting techniques than Chinese CFOs do. At the same, however, our results suggest that the difference between Dutch and Chinese firms is smaller than might have been expected based upon the differences in the level of economic development between both countries, at least with respect to the use of methods of estimating the cost of capital and the use of CAPM as the method of estimating the cost of equity.
Download or read book Company Practices in Capital Budgeting written by Delano Schroeder and published by . This book was released on 1961 with total page 146 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Capital Budgeting Decision Implementation And Evaluation written by B. Tamilmani and published by Kanishka Publishers. This book was released on 2004 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Primary Objective Of This Study Is To Have An Insight Into The Practices Relating To Capital Budgeting Decision In Cooperative Spinning Mills In Tamil Nadu. The Study Is Descriptive In Nature. Case Study Method Has Been Adopted.
Download or read book Capital Budgeting Decision Making Practices written by Afeera Mubashir and published by . This book was released on 2018 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: PurposeThe purpose of this paper is to examine the current trends of capital budgeting practices (analysis techniques, discount rate estimations and risk assessment methods) among Pakistani listed firms and analyze the responses conditional on firms' demographics and executive characteristics.Design/methodology/approachAn online questionnaire was sent via e-mail to top 200 non-financial firms (in terms of market capitalization) listed on Pakistan Stock Exchange.FindingsWith a response rate of 35 percent, it is concluded that the theory-practice gap is low as Pakistani listed firms are using discounted cash flow methods of capital budgeting and preferring net present value over internal rate of return. Similarly, weighted average cost of capital is estimated using target value weights, and capital asset pricing model (with extra risk factors) is used to determine the cost of equity capital. For risk assessment, sensitivity analysis and scenario analysis are the dominant approaches; however despite the theoretical superiority, the use of real options is very low. Overall, investment decision responses significantly differ across firm's demographics and executive characteristics.Practical implicationsPakistani business schools need to address the low usage of advanced methods such as modified internal rate of return and real options among Pakistani listed firms.Originality/valueThis is the first comprehensive study on the topic in Pakistan and have highlighted the areas of capital budgeting where Pakistani firms' practices deviates from finance theory.
Download or read book Capital Budgeting Practices and Firm Performance written by Pratheepkanth Puwanenthiren and published by . This book was released on 2016 with total page 588 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This thesis disentangles two elements from the complex interdependent suite of key drivers of firm sophistication in capital-budgeting. Specifically, the relative sophistication of a firm (i.e. its nature) and the development level of the nation in which a firm is embedded (i.e. the nurture experienced by the firm). This research should enhance the development focus and process of nations (e.g., to what degree should national development be about raising the ability of individual firms or will raising national development act as a rising tide [that] raises all boats). The comparative data used in this study comes from 150 Australian (ASX200-index-listed) firms and 150 Sri Lankan (Colombo-stock-exchange-listed firms). The research questions are answered via a quantitative research design that uses primary and secondary data. The response rate to the questionnaire survey of firms was, 45 and 73 completed questionnaires from, respectively, Australia and Sri Lanka (an effective response rate of, respectively, 31.5 and 48.7 percent). Secondary data for 2003-12 are obtained from the ASX, CSE's and SIRCA databases and are used to calculate return on assets, return on equity, Tobin Q, and earnings per share for the sampled firms. It was found that Australian firms tend to rely heavily on sophisticated capital-budgeting practices, but Sri Lankan relatively small firms prefer simple analysis methods and the larger firms tend to be as adept at sophisticated capital budgeting as their Australian counterparts. The choice of whether to use more sophisticated practices or simpler alternatives varies with a firm's attributes as well as the level of economic and financial market development in its environment. Also, Australian firms tend to use capital-budget models with good-to-strong predictive power (except for ROE) and Sri Lankan firms tend to use capital-budget models with fair-to-poor predictive power. Further, the analysis of Australian firms tends to yield stronger and more statistically-significant results, than those generated by Sri Lankan firms." -- Abstract.
Download or read book Capital Budgeting Practices in Medium and Small Sized British Companies written by Nadhem Al-Saleh and published by . This book was released on 1996 with total page 47 pages. Available in PDF, EPUB and Kindle. Book excerpt:
