2001-01-09
Investment Appraisal Process
Publication
Publication
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.
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Erasmus Research Institute of Management | |
hdl.handle.net/1765/141 | |
ERIM Report Series Research in Management | |
Organisation | Erasmus Research Institute of Management |
Akalu, M., & Turner, R. (2001). Investment Appraisal Process (No. ERS-2001-78-ORG). ERIM Report Series Research in Management. Retrieved from http://hdl.handle.net/1765/141 |