To read this content please select one of the options below:

$40.00 (excl. tax) 30 days to view and download

THE APPLICABILITY AND USAGE OF NPV AND IRR CAPITAL BUDGETING TECHNIQUES

C.S. Agnes Cheng, D. Kite, R. Radtke

Managerial Finance

ISSN: 0307-4358

Article publication date: 1 July 1994

4615

Abstract

Capital budgeting plays an essential role in a firm's long‐term viability and survival. The capital budgeting process includes: identification of potential projects, prediction of possible outcomes, project selection, financing and implementation of the chosen project, and monitoring project performance (Mukherjee and Henderson, 1987). Although economic considerations should govern the capital budgeting decision, individual opinions and preferences often become primary factors affecting project selection.

Citation

Agnes Cheng, C.S., Kite, D. and Radtke, R. (1994), "THE APPLICABILITY AND USAGE OF NPV AND IRR CAPITAL BUDGETING TECHNIQUES", Managerial Finance, Vol. 20 No. 7, pp. 10-36. https://doi.org/10.1108/eb018479

Publisher

:

MCB UP Ltd

Copyright © 1994, MCB UP Limited

Related articles