Capital budgeting practices in Spain

This paper seeks to shed further light on the capital budgeting techniques used by Spanish companies. Our paper posits that the gap between theory and practice might be related to the nature of sources of value and to the efficiency of mechanisms aligning managerial and shareholder incentives, rathe...

Descripción completa

Autor Principal: Andrés, Pablo de
Otros Autores: Fuente, Gabriel de, San Martín, Pablo
Formato: Artículo
Idioma: English
Publicado: Elsevier 2015
Materias:
NPV
IRR
Acceso en línea: BRQ Business Research Quarterly 18
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