Template-Type: ReDIF-Paper 1.0
Author-Name: Akalu, M.M.
Author-Name-Last: Akalu
Author-Name-First: Mehari
Author-Name: Turner, J.R.
Author-Name-Last: Turner
Author-Name-First: Rodney
Title: Investment Appraisal Process
Abstract: This case study examines the capital budgeting practices of two chemical companies. It is found that the companies apply the value management tools to supplement the DCF measures. In addition, the R&D projects are assessed using qualitative methods. Moreover, the study revealed the symptom of a trend shift in the choice of investment appraisal techniques from traditional DCF to the newly crafted value management models.
Creation-Date: 2001-01-09
File-URL: https://repub.eur.nl/pub/141/erimrs20020109141842.pdf
File-Format: application/pdf
Series: RePEc:ems:eureri
Number: ERS-2001-78-ORG
Classification-JEL: G31, L2, M, M10
Keywords: DCF methods, investment appraisal, project, shareholder value analysis, value management techniques
Handle: RePEc:ems:eureri:141