A commentary on “Why DCF capital budgeting is bad for business and why business schools should stop teaching it”
Author
Abstract
Suggested Citation
DOI: 10.1080/06939280500453064
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Schall, Lawrence D & Sundem, Gary L & Geijsbeek, William R, Jr, 1978. "Survey and Analysis of Capital Budgeting Methods," Journal of Finance, American Finance Association, vol. 33(1), pages 281-287, March.
- Ralph Adler, 2006. "A rejoinder to commentaries on “Why DCF capital budgeting is bad for business and why business schools should stop teaching it”," Accounting Education, Taylor & Francis Journals, vol. 15(1), pages 35-39.
- Ralph Adler, 2006. "Why DCF capital budgeting is bad for business and why business schools should stop teaching it," Accounting Education, Taylor & Francis Journals, vol. 15(1), pages 3-10.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Ralph Adler, 2006. "A rejoinder to commentaries on “Why DCF capital budgeting is bad for business and why business schools should stop teaching it”," Accounting Education, Taylor & Francis Journals, vol. 15(1), pages 35-39.
- Apostolou, Barbara & Hassell, John M. & Rebele, James E. & Watson, Stephanie F., 2010. "Accounting education literature review (2006–2009)," Journal of Accounting Education, Elsevier, vol. 28(3), pages 145-197.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Catriona Paisey, 2006. "A commentary on “Why DCF capital budgeting is bad for business and why business schools should stop teaching it”," Accounting Education, Taylor & Francis Journals, vol. 15(1), pages 17-20.
- Apostolou, Barbara & Hassell, John M. & Rebele, James E. & Watson, Stephanie F., 2010. "Accounting education literature review (2006–2009)," Journal of Accounting Education, Elsevier, vol. 28(3), pages 145-197.
- Ravi Jagannathan & Iwan Meier, 2002.
"Do We Need CAPM for Capital Budgeting?,"
Financial Management, Financial Management Association, vol. 31(4), Winter.
- Ravi Jagannathan & Iwan Meier, 2002. "Do We Need CAPM for Capital Budgeting?," NBER Working Papers 8719, National Bureau of Economic Research, Inc.
- Roopali Batra & Satish Verma, 2014. "An Empirical Insight into Different Stages of Capital Budgeting," Global Business Review, International Management Institute, vol. 15(2), pages 339-362, June.
- Stephan Leitner & Doris Behrens, 2015. "On the fault (in)tolerance of coordination mechanisms for distributed investment decisions," Central European Journal of Operations Research, Springer;Slovak Society for Operations Research;Hungarian Operational Research Society;Czech Society for Operations Research;Österr. Gesellschaft für Operations Research (ÖGOR);Slovenian Society Informatika - Section for Operational Research;Croatian Operational Research Society, vol. 23(1), pages 251-278, March.
- Hermes, Niels & Smid, Peter & Yao, Lu, 2007.
"Capital budgeting practices: A comparative study of the Netherlands and China,"
International Business Review, Elsevier, vol. 16(5), pages 630-654, October.
- Smid, P. & Yao, L. & Hermes, N., 2006. "Capital Budgetting Practices: A comparative Study of the Netherlands and China," Research Report 06E02, University of Groningen, Research Institute SOM (Systems, Organisations and Management).
- Jackson, Jerry, 2010. "Promoting energy efficiency investments with risk management decision tools," Energy Policy, Elsevier, vol. 38(8), pages 3865-3873, August.
- Harris, Milton & Raviv, Artur, 1998.
"Capital budgeting and delegation,"
Journal of Financial Economics, Elsevier, vol. 50(3), pages 259-289, December.
- Milton Harris & Artur Raviv, "undated". "Capital Budgeting and Delegation," CRSP working papers 343, Center for Research in Security Prices, Graduate School of Business, University of Chicago.
- Milton Harris & Artur Raviv, 1997. "Capital Budgeting and Delegation," CRSP working papers 452, Center for Research in Security Prices, Graduate School of Business, University of Chicago.
- Siziba, Simiso & Hall, John Henry, 2021. "The evolution of the application of capital budgeting techniques in enterprises," Global Finance Journal, Elsevier, vol. 47(C).
- Peter Markovič & Michal Šinský, 2009. "Trends in application of capital budgeting methods for investment projects evaluation," Ekonomika a Management, Prague University of Economics and Business, vol. 2009(1).
- Lefley, Frank, 1997. "Approaches to risk and uncertainty in the appraisal of new technology capital projects," International Journal of Production Economics, Elsevier, vol. 53(1), pages 21-33, November.
- Wambach, Achim, 2000. "Payback criterion, hurdle rates and the gain of waiting," International Review of Financial Analysis, Elsevier, vol. 9(3), pages 247-258.
- Pereiro, Luis E., 2006. "The practice of investment valuation in emerging markets: Evidence from Argentina," Journal of Multinational Financial Management, Elsevier, vol. 16(2), pages 160-183, April.
- Kereboon Champathed & Chuvej Chansa-ngavej, 2016. "Project Evaluation Trend in Thailand Based on Critical Factors Index," Information Management and Business Review, AMH International, vol. 8(5), pages 6-13.
- Ravi Jagannathan & Iwan Meier & Vefa Tarhan, 2011. "The Cross-Section of Hurdle Rates for Capital Budgeting: An Empirical Analysis of Survey Data," NBER Working Papers 16770, National Bureau of Economic Research, Inc.
- Jackson, Scott B. & Keune, Timothy M. & Salzsieder, Leigh, 2013. "Debt, equity, and capital investment," Journal of Accounting and Economics, Elsevier, vol. 56(2), pages 291-310.
- Chittenden, Francis & Derregia, Mohsen, 2015. "Uncertainty, irreversibility and the use of ‘rules of thumb’ in capital budgeting," The British Accounting Review, Elsevier, vol. 47(3), pages 225-236.
- Sureka, Riya & Kumar, Satish & Colombage, Sisira & Abedin, Mohammad Zoynul, 2022. "Five decades of research on capital budgeting – A systematic review and future research agenda," Research in International Business and Finance, Elsevier, vol. 60(C).
- Mehari Mekonnen Akalu, 2002. "Evaluating the Capacity of Standard Investment Appraisal Methods," Tinbergen Institute Discussion Papers 02-082/1, Tinbergen Institute.
- Mark Freeman & Garry Hobbes, 1991. "Costly Information, Informed Investors and the Use of Sophisticated Capital Budgeting Techniques," Working Paper Series 1, Finance Discipline Group, UTS Business School, University of Technology, Sydney.
Corrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:accted:v:15:y:2006:i:1:p:25-28. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/RAED20 .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.