This paper deals with decentralized capital budgeting problems when decision objectives are not necessarily identical with those of corporate headquarters. This paper extends previous analysis of this problem to the case where (i) the cash flows resulting from managerial actions are uncertain,...

Organizations have a choice of information and planning procedures to use for a coordinated plan. In this paper, we investigate the efficacy of price and/or budget planning approaches, where the first proposal can be determined from a combination of historical plans, external prices, rules of...