Search Results - subject_exact:"Capital budgeting"

The cost of capital calculation in the project finance settings

Mielcarz, Paweł; Osiichuk, Dmytro; Struciński, Adrian - 2025

The paper aims at elucidating and solving the methodological problems around the estimation of the cost of capital in the project finance settings. By convention, capital budgeting analysts evaluate project finance ventures using the free cash flow for equity (FCFE) method, whereby cash flows,...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015447054

The economics of capital allocation in firms : evidence from internal capital markets

Hoang, Daniel; Gatzer, Sebastian; Ruckes, Martin E. - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015447377

Learning about discount rates

Dessaint, Olivier; Gondhi, Naveen; Peress, Joël - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015450075

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Learning about discount rates

Dessaint, Olivier; Gondhi, Naveen; Peress, Joël - 2025

Book / Working Paper

Risk in financial decision-making : a conceptual framework for investors and corporate managers

Hrytsiv, Kateryna; Kartašova, Jekaterina - 2025

This paper explores the multifaceted nature of risk in financial decision-making by integrating traditional finance models with insights from behavioural finance. It assesses the application of models such as the Capital Asset Pricing Model (CAPM), Weighted Average Cost of Capital (WACC), and...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015556216

Projects with no cost of capital

Levy, Moshe - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015396007

Applying the empirical average cost of capital : estimating the cost of funds at the firm and industry levels

Olson, Gerard T.; Pagano, Michael S. - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015071908

How management accountants purposefully create cash flow forecasts in capital budgeting : a field study of product development decisions

Wouters, Marc; Stadtherr, Frank - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015098518

Taking carbon into account in capital budgeting : a field study of municipal energy companies in finland

Hyvönen, Timo; Laine, Matias; Pellinen, Jukka - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015176981

Picking winners : managerial ability and capital allocation

Benz, Andreas; Demerjian, Peter R.; Hoang, Daniel; … - 2024 - This Version: November 14, 2023

We examine how division managers' human capital affects internal capital allocation using a hand-collected data set of divisional managers at S&P 1,500 firms. Based on a novel measure of division-manager ability, we show that more able division managers receive substantially larger capital...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014476579

The welfare cost of ignoring the beta

Gollier, Christian - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015045082

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The Welfare Cost of Ignoring the Beta

Gollier, Christian - 2021

Book / Working Paper

The welfare cost of ignoring the beta

Gollier, Christian - 2021

Book / Working Paper

The welfare cost of ignoring the beta

Gollier, Christian - 2021

Book / Working Paper

Impact of financial management practices on the performance of small enterprises (SEs) : a study based on the perceptions of entrepreneurs in Southern Assam, India

Goala, Kuldeep; Awungshi, Yarso - 2024

Financial management practices play a crucial role in shaping the performance and growth of enterprises. Financial management involves arranging both short-term and long-term funding needs, ensuring the smooth functioning of enterprises. This research aimed to examine the relationship between...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015402798

Quasi-indexers' ownership and capital budgeting efficiency of firms

Zhang, Xiaowen - 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015641311

ESG Modelling Framework: quantification and measurement of ESG factors in the profit and loss statement

Ecer, Christian - 2023

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015065478

Firm characteristics and the use of investment decision techniques in the global south : evidence from Ghana

Owusu-Ansah, Anthony; Addico, Nene Lartey; Amewu, Godfred - 2023

This study uses a survey approach to investigate how managers associated with thirty (30) firm characteristics subgroups apply thirty-seven (37) investment decision techniques in practice in a frontier market covering: capital budgeting, cost of equity, cost of capital, and adjustments for other...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014458834

Decision rules for corporate investment

Toorop, Reinier de Adelhart; Schoenmaker, Dirk; … - 2023

We investigate the decision rules for corporate investment by designing a company value frontier. This company value frontier allows for balancing the financial value and social and environmental impacts. This article develops novel value concepts-ranging from shareholder value to shareholder...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014502370

Capital budgeting and managerial empire building

Weiskirchner-Merten, Katrin - 2023

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014290486

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Capital Budgeting and Managerial Empire Building

Weiskirchner-Merten, Katrin - 2022

Book / Working Paper

Rules versus discretion in Post Keynesian fiscal policy

Heise, Arne - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015636304

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Rules versus discretion in Post Keynesian fiscal policy

Heise, Arne - 2025

Book / Working Paper

Rules versus discretion in Post Keynesian fiscal policy

Heise, Arne - 2025

Book / Working Paper

Does the CAPM drive misvaluations in M&As?

Hark, Paul F.; Schneider, Christoph - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015437484

Risk in financial decision-making: A conceptual framework for investors and corporate managers

Hrytsiv, Kateryna; Kartašova, Jekaterina - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015561867

Fiskalpolitische Regeln in postkeynesianischer Perspektive

Heise, Arne - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015637065

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Fiskalpolitische Regeln in postkeynesianischer Perspektive

Heise, Arne - 2025

Article

Multiple contracts: periodic balloon payments and constant amortization

Faro, Clóvis de; Lachtermacher, Gerson - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015434769

A new method to predict economic capital for the credit risk of a lending portfolio

Djeundje, Viani Biatat; Crook, Jonathan N. - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015551939

Backhauling im Kontext eines wettbewerblichen FTTH-Ausbaus : Bedeutung des Footprints für die Backhaul-Kosten : eine modellgestützte Analyse

Ockenfels, Martin; Kulenkampff, Gabriele; Eltges, Fabian; … - 2025

Diese Studie untersucht, wie sich die Backhaul-Kosten im Glasfaserausbau in Abhängigkeit vom räumlichen Footprint unterschiedlicher Netzbetreibertypen unterscheiden. Ausgangspunkt ist die Annahme, dass neben der Besiedlungsdichte auch die Anzahl, Größe und räumliche Verteilung der...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015558123

Sustainability real options

Smit, Han T. J. - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015422374

Corporate leverage during COVID-19

Huq, Tahsin Imtiazul; Hassan, M. Kabir; Dung Viet Tran - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015444885

Commentary on "The economics of capital allocation in firms : evidence from internal capital markets"

Poux-Guillaume, Grégoire - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015549752

Des plaines paper : analytics and automation in capital budgeting

Daly, Abbie L.; Walstra, Richard J. - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015667859

An assessment of management skills on capital budgeting planning and practices : evidence from the small and medium enterprise sector

Nunden, Naresh; Abbana, Sharanam; Marimuthu, Ferina; … - 2022

Budgets are a compass and guiding light for businesses. Therefore, management and owners of small and medium enterprises (SMEs) must carry out suitable and precise capital budgeting activities and methods to ensure business longevity and progression. There is a high risk of SMEs failing soon...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014442741

Impact of financial management practices on the performance of small enterprises (SEs): A study based on the perceptions of entrepreneurs in Southern Assam, India

Goala, Kuldeep; Awungshi, Yarso - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015408490

Capital budgeting techniques and financial performance: a comparison between SMEs and large listed firms

Purnamasari, Pupung - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015426065

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Capital budgeting techniques and financial performance : a comparison between SMEs and large listed firms

Purnamasari, Pupung; Adriza - 2024

Article

Picking winners: Managerial ability and capital allocation

Benz, Andreas; Demerjian, Peter R.; Hoang, Daniel; … - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014478432

Decision-making in the capital budgeting context : effects of type of decision aid and increases in information load

Hartmann, Maren; Weißenberger, Barbara E. - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014494708

An investigation of the extent of implementation of the financial management practices of agri-SMEs in developing countries : evidence from Tanzania

Mang'ana, Kulwa Mwita; Hokororo, Silver John; … - 2024

The success of agricultural Small and Medium Enterprises (agri-SMEs), among other factors, heavily relies on their ability to manage finances effectively. This study examined the extent to which agricultural SMEs in Tanzania practice financial management activities. The study employed a...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014513310

Affect and reason in uncertain accounting settings : the case of capital investment appraisal

Andon, Paul; Baxter, Jane; Chua, Wai-fong - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015164405

Irr and equivalence of cash-flow streams, loans, and portfolios of bonds

Favero, Gino; Piacitelli, Gherardo - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015177115

The mortgage piggy bank : building wealth through amortization

Bernstein, Asaf; Koudijs, Peter - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015046432

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The Mortgage Piggy Bank : Building Wealth through Amortization

Bernstein, Asaf; Koudijs, Peter - 2021

Book / Working Paper

Accounting and finance : complementarity and divergence

Biondi, Yuri - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015125027

Survey evidence of capital budgeting practices in Turkey

Baker, H. Kent; Kilincarslan, Erhan; Arsal, Alper Haktan - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015555050

Innovation in firms : experimentation and strategic communication

Azinovic-Yang, Li; Baldenius, Tim - 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015651816

Economic budgeting for endowment-dependent universities

Campbell, John Y.; Stein, Jeremy C.; Wu, Alex A. - 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015633934

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Economic Budgeting for Endowment-Dependent Universities

Campbell, John Y.; Stein, Jeremy C.; Wu, Alex A. - 2024

Book / Working Paper

Unternehmerische Finanzierungspolitik : eine wertorientierte Einführung

Paul, Stephan; Horsch, Andreas; Kaltofen, Daniel; Uhde, … - 2026 - 2., aktualisierte und überarbeitete Auflage

Angesichts struktureller Umbrüche und politischer Verschiebungen sind klassische Modellwelten der Finanzierungstheorie, die auf vollkommenen Märkten spielen, nicht mehr zeitgemäß. Heute muss die Lehre zu Theorie und Praxis der Finanzierungspolitik beide Sphären miteinander verbinden - wie...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015406947

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Unternehmerische Finanzierungspolitik : eine wertorientierte Einführung

Paul, Stephan; Horsch, Andreas; Kaltofen, Daniel; Uhde, … - 2017

Book / Working Paper

Investment appraisal practice in the biggest companies in Poland

Pawlak, Marcin; Rapacewicz, Anna; Zarzecki, Dariusz - 2020

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10012510221

Capital budget decision-making in logistics

Vlachý, Jan - 2020

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10012156242

Decision-making in the capital budgeting context: effects of type of decision aid and increases in information load

Hartmann, Maren; Weißenberger, Barbara E. - 2023

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015202770

Show one more version 1

Decision-making in the capital budgeting context: effects of type of decision aid and increases in information load

Hartmann, Maren; Weißenberger, Barbara E. - 2023

Article

Firm characteristics and the use of investment decision techniques in the global south: Evidence from Ghana

Owusu-Ansah, Anthony; Addico, Nene Lartey; Amewu, Godfred - 2023

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014527354

Modeling Managers As EPS Maximizers

Ben-David, Itzhak; Chinco, Alex - 2023

Textbook theory assumes that firm managers maximize the net present value of future cash flows. But when you ask them, the people running large public corporations say that they are maximizing something else entirely: earnings per share (EPS). Perhaps this is a mistake. No matter. We take...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014351328

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Modeling Managers As EPS Maximizers

Ben-David, Itzhak; Chinco, Alexander M. - 2023

Book / Working Paper

Who has turned the project management lights on? : a comparative analysis of transportation and information technology in US state governments

Grandage, Andrew J.; Mitchell, David - 2023

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014338970

Brealey, Myers, and Allen on Capital Budgeting, Capital Structure, and Agency Issues

Brealey, Richard A.; Myers, Stewart C.; Allen, Franklin - 2023

In these extracts from the world's bestselling graduate textbook, the authors offer a number of suggestions for practitioners, including: - When valuing a company or an investment project, managers should start whenever possible with the asset's market price as the best initial estimate and then...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014265234