Capital Budgeting Practices of Non-Industrial Firms
作者:
EdwardJ. Farragher,
期刊:
The Engineering Economist
(Taylor Available online 1986)
卷期:
Volume 31,
issue 4
页码: 293-302
ISSN:0013-791X
年代: 1986
DOI:10.1080/00137918608902945
出版商: Taylor & Francis Group
数据来源: Taylor
摘要:
This paper reports The results of a survey research study of The capital budgeting practices on non-Indus trial (service) corporations, specifically firms in the 1983FortuneService 500 Listing. The survey questionnaire was designed to provide data regarding the entire capital budgeting process - from searching for investment opportunities through post auditing implemented projects. Also, It elicited ‘opinions’ as to the degree of difficulty and degree of importance of various phases of the capital budgeting process. The results indicate that, overall, large service corporations are not as sophisticated in regards to capital budgeting as theory would allow. The most serious weaknesses seem to be the areas of risk assessment, risk adjustment and use of post audits.
点击下载:
PDF (108KB)
返 回