We have studied how the banking and finance industry performs investment appraisal, measures subsequent follow-up and designates project success or failure. Furthermore, the authors looked into the extent of use of the new generation value management models. The result shows that firms are not using the same measurement scale in all stages of a project. Moreover, there is a tendency to shift from traditional appraisal methods to the new generation value management models.

, , , ,
, , ,
Erasmus Research Institute of Management
hdl.handle.net/1765/167
ERIM Report Series Research in Management
Erasmus Research Institute of Management

Akalu, M., & Turner, R. (2002). Investment Appraisal Process in the Banking & Finance Industry (No. ERS-2002-17-ORG). ERIM Report Series Research in Management. Retrieved from http://hdl.handle.net/1765/167