What question did this study set out to answer?

This research aims to analyze and compare the use of various capital budgeting techniques across different time periods and firms.

Capital budgeting practices--a survey of corporate use.

View Full Paper

Ask AI

Bookmark

Authors

Survey reveals expanding use of sophisticated capital budgeting techniques in corporations, suggesting trends in evaluation methods.

This research aims to analyze and compare the use of various capital budgeting techniques across different time periods and firms.
Conducted a survey using a new questionnaire to collect data on capital budgeting practices.
Performed a discriminant analysis to explore relationships between technique usage and firm characteristics.
Compared findings to previous studies to identify trends over time.
A significant number of firms are utilizing sophisticated capital budgeting techniques compared to earlier periods.
Variations exist in project evaluation methods based on the type of capital expenditure.
Formal risk analysis techniques are increasingly adopted, correlating with firm size and performance indicators.

Klammer et al. (1991) studied this question.

View Full Paper

Ask AI

Bookmark