Descript |
xviii, 367 p. cm. |
Contents |
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. |
ISBN |
0415772060 (pbk.) |
|
9780415772051 (hard cover) |
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0415772052 (hard cover) |
|
9780415772068 (pbk.) |
|