Bierman, Harold

Advanced capital budgeting : refinements in the economic analysis of investment projects / Harold Bierman, Jr. and Seymour Smidt - New York : Routledge, 2006 - xviii, 367 p. : ill. ; 24 cm.

Includes bibliographical references and index

The state of the art of capital budgeting -- Amounts discounted and discount rates -- Capital budgeting with uncertainty -- Elements of time and uncertainty -- The state preference approach -- Resolution of uncertainty -- Diversification and risk reduction -- Projects with components having different risks -- Practical solutions to capital budgeting with uncertainty -- Real options and capital budgeting -- Growth constraints -- The valuation of a firm -- Using economic income (residual income) for valuation -- Present-value accounting -- Performance measurement and managerial compensation -- Fluctuating rates of output -- Investment decisions with additional information -- Investment timing -- Buy versus lease

0415772052 (hbk.) 0415772060 (pbk.) 9780415772068 (pbk.) RM211.43 9780415772051 (hbk.)


Capital budget
Capital investments--Evaluation