Harold Bierman, Seymour Smidt

Advanced Capital Budgeting

Refinements in the Economic Analysis of Investment Projects

• Gebundenes Buch

Produktbeschreibung

Serving as a companion to "The Capital Budgeting Decision", this volume examines the complexities of capital budgeting as well as the opportunities to improve the decision process where risk and time are important elements. It also emphasizes the application of capital budgeting techniques to a variety of issues.

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Exploring this key topic in corporate finance the authors examine the complexities of capital budgeting as well as the opportunities to improve the decision process where risk and time are important elements.

Produktdetails

• Verlag: Taylor & Francis Ltd (Sales)
• Seitenzahl: 386
• Erscheinungstermin: 21. Dezember 2006
• Englisch
• Abmessung: 234mm x 164mm x 26mm
• Gewicht: 703g
• ISBN-13: 9780415772051
• ISBN-10: 0415772052
• Artikelnr.: 21987967

Autorenporträt

Harold Bierman, Jr., is the Nicholas H. Noyes Professor of Business Administration at the Johnson Graduate School of Management, Cornell University. Seymour Smidt is Professor Emeritus at the Johnson Graduate School of Management, Cornell University.

Inhaltsangabe

Part 1: Capital Budgeting and Valuation Under Certainty 1. The State of the
Art of Capital Budgeting 2. Amounts Discounted and Discount Rates Part 2:
Capital Budgeting and Valuation Under Uncertainty 3: Capital Budgeting with
Uncertainty 4: Elements of Time and Uncertainty 5. The State Preference
Approach 6. Resolution of Uncertainty 7. Diversification and Risk Reduction
8. Projects with Components Having Different Risks 9. Practical Solutions
to Capital Budgeting with Uncertainty Part 3: Option Theory as a Capital
Budgeting Tool 10. Real Options and Capital Budgeting Part 4: Applications
of Capital Budgeting 11. Growth Constraints 12. The Valuation of a Firm 13.
Using Economic Income (Residual Income) for Valuation 14. Present-Value
Accounting 15. Performance Measurement and Managerial Compensation 16:
Fluctuating Rates of Output 17. Investment Decisions with Additional
Information 18. Investment Timing 19. Buy versus Lease