Volume : IV, Issue : III, April - 2014 CAPIT ALBUDGETING DECISIONS-REVIEW OFLITERA TURERenu Gulia, None By : Laxmi Book Publication Abstract : The main objective of present study is to present review of literature related to capital
budgeting decisions and to study the trends in using the capital budgeting techniques in depth. The study
would facilitate the reader to know the past, current and future trend of capital budgeting techniques by
the corporate houses. This study would provide guidelines to decision makers to make investing and
financing decisions so that their profit get maximise at minimize risks.The secondary purpose of this
study is to understand the rationale behind capital budgeting decisions. Whether such kinds of decisions
affect the efficiency of the corporate houses. Efficiency either in terms of increase in revenue or decrease
in costs of the operations. The benefits from large investments are received in some future period and the
future is uncertain. For instance, a decision to acquire an asset that is going to last for 15 years requires
a15-year forecast. A failure to forecast correctly will lead to serious errors which can be corrected only at
a considerable expense. Future revenue involves estimating the size of the market for a product and the
expected share of the firm in that. These estimates depend on a variety of factors, including price,
advertising and promotions, and sales effort and so on. T o what extend these estimates effect the quality
of capital budgeting decisions is the more sophisticated way to explain the main objective of this study . Keywords : Article : Cite This Article : Renu Gulia, None(2014). CAPIT ALBUDGETING DECISIONS-REVIEW OFLITERA TURE. Indian Streams Research Journal, Vol. IV, Issue. III, http://isrj.org/UploadedData/4590.pdf References : - Boquist, J.A., Milbourn, T .T ., Thakor, A.V . (1998). How Do Y ou Win the Capital Allocation Game? Sloan Management
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- Boquist, J.A., Milbourn, T .T ., Thakor, A.V . (1998). How Do Y ou Win the Capital Allocation Game? Sloan Management
- Amit, R, Schoemaker, P .J.H. (1993). Strategic assets and organizational rent. Strategic Management Journal, V ol.14, 33–46.
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- alternatives. T elematics & Informatics, V ol. 26, Issue 4, 353-374.
- Boquist, J.A., Milbourn, T .T ., Thakor, A.V . (1998). How Do Y ou Win the Capital Allocation Game? Sloan Management
- Burns, R.M., Walker, J. (2009). Capital Budgeting Surveys: The Future is now . Journal of Applied Finance, V ol. 19, Issue 1/2,
- Boquist, J.A., Milbourn, T .T ., Thakor, A.V . (1998). How Do Y ou Win the Capital Allocation Game? Sloan Management
- Amit, R, Schoemaker, P .J.H. (1993). Strategic assets and organizational rent. Strategic Management Journal, V ol.14, 33–46.
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- Boquist, J.A., Milbourn, T .T ., Thakor, A.V . (1998). How Do Y ou Win the Capital Allocation Game? Sloan Management
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- Angelou, G.N., Economides, A.A. (2009). A compound real option and AHP methodology for evaluating ICT business
- Review, V ol. 39, Issue 2, 59-71.
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- 78-90.
- alternatives. T elematics & Informatics, V ol. 26, Issue 4, 353-374.
- Boquist, J.A., Milbourn, T .T ., Thakor, A.V . (1998). How Do Y ou Win the Capital Allocation Game? Sloan Management
- Boquist, J.A., Milbourn, T .T ., Thakor, A.V . (1998). How Do Y ou Win the Capital Allocation Game? Sloan Management
- Amit, R, Schoemaker, P .J.H. (1993). Strategic assets and organizational rent. Strategic Management Journal, V ol.14, 33–46.
- Review, V ol. 39, Issue 2, 59-71.
- Boquist, J.A., Milbourn, T .T ., Thakor, A.V . (1998). How Do Y ou Win the Capital Allocation Game? Sloan Management
- Review, V ol. 39, Issue 2, 59-71.
- Boquist, J.A., Milbourn, T .T ., Thakor, A.V . (1998). How Do Y ou Win the Capital Allocation Game? Sloan Management
- Angelou, G.N., Economides, A.A. (2009). A compound real option and AHP methodology for evaluating ICT business
- Review, V ol. 39, Issue 2, 59-71.
- Burns, R.M., Walker, J. (2009). Capital Budgeting Surveys: The Future is now . Journal of Applied Finance, V ol. 19, Issue 1/2,
- Amit, R, Schoemaker, P .J.H. (1993). Strategic assets and organizational rent. Strategic Management Journal, V ol.14, 33–46.
- Burns, R.M., Walker, J. (2009). Capital Budgeting Surveys: The Future is now . Journal of Applied Finance, V ol. 19, Issue 1/2,
- Angelou, G.N., Economides, A.A. (2009). A compound real option and AHP methodology for evaluating ICT business
- alternatives. T elematics & Informatics, V ol. 26, Issue 4, 353-374.
- Angelou, G.N., Economides, A.A. (2009). A compound real option and AHP methodology for evaluating ICT business
- Burns, R.M., Walker, J. (2009). Capital Budgeting Surveys: The Future is now . Journal of Applied Finance, V ol. 19, Issue 1/2,
- Burns, R.M., Walker, J. (2009). Capital Budgeting Surveys: The Future is now . Journal of Applied Finance, V ol. 19, Issue 1/2,
- Angelou, G.N., Economides, A.A. (2009). A compound real option and AHP methodology for evaluating ICT business
- Review, V ol. 39, Issue 2, 59-71.
- Amit, R, Schoemaker, P .J.H. (1993). Strategic assets and organizational rent. Strategic Management Journal, V ol.14, 33–46.
- Burns, R.M., Walker, J. (2009). Capital Budgeting Surveys: The Future is now . Journal of Applied Finance, V ol. 19, Issue 1/2,
- Amit, R, Schoemaker, P .J.H. (1993). Strategic assets and organizational rent. Strategic Management Journal, V ol.14, 33–46.
- Review, V ol. 39, Issue 2, 59-71.
- Boquist, J.A., Milbourn, T .T ., Thakor, A.V . (1998). How Do Y ou Win the Capital Allocation Game? Sloan Management
- alternatives. T elematics & Informatics, V ol. 26, Issue 4, 353-374.
- Review, V ol. 39, Issue 2, 59-71.
- Review, V ol. 39, Issue 2, 59-71.
- Angelou, G.N., Economides, A.A. (2009). A compound real option and AHP methodology for evaluating ICT business
- Review, V ol. 39, Issue 2, 59-71.
- alternatives. T elematics & Informatics, V ol. 26, Issue 4, 353-374.
- Burns, R.M., Walker, J. (2009). Capital Budgeting Surveys: The Future is now . Journal of Applied Finance, V ol. 19, Issue 1/2,
- alternatives. T elematics & Informatics, V ol. 26, Issue 4, 353-374.
- Review, V ol. 39, Issue 2, 59-71.
- Review, V ol. 39, Issue 2, 59-71.
- Boquist, J.A., Milbourn, T .T ., Thakor, A.V . (1998). How Do Y ou Win the Capital Allocation Game? Sloan Management
- Boquist, J.A., Milbourn, T .T ., Thakor, A.V . (1998). How Do Y ou Win the Capital Allocation Game? Sloan Management
- alternatives. T elematics & Informatics, V ol. 26, Issue 4, 353-374.
- Burns, R.M., Walker, J. (2009). Capital Budgeting Surveys: The Future is now . Journal of Applied Finance, V ol. 19, Issue 1/2,
- Angelou, G.N., Economides, A.A. (2009). A compound real option and AHP methodology for evaluating ICT business
- Angelou, G.N., Economides, A.A. (2009). A compound real option and AHP methodology for evaluating ICT business
- 78-90.
- Burns, R.M., Walker, J. (2009). Capital Budgeting Surveys: The Future is now . Journal of Applied Finance, V ol. 19, Issue 1/2,
- 78-90.
- 78-90.
- alternatives. T elematics & Informatics, V ol. 26, Issue 4, 353-374.
- 78-90.
- Burns, R.M., Walker, J. (2009). Capital Budgeting Surveys: The Future is now . Journal of Applied Finance, V ol. 19, Issue 1/2,
- Angelou, G.N., Economides, A.A. (2009). A compound real option and AHP methodology for evaluating ICT business
- Amit, R, Schoemaker, P .J.H. (1993). Strategic assets and organizational rent. Strategic Management Journal, V ol.14, 33–46.
- Angelou, G.N., Economides, A.A. (2009). A compound real option and AHP methodology for evaluating ICT business
- alternatives. T elematics & Informatics, V ol. 26, Issue 4, 353-374.
- alternatives. T elematics & Informatics, V ol. 26, Issue 4, 353-374.
- Angelou, G.N., Economides, A.A. (2009). A compound real option and AHP methodology for evaluating ICT business
- Boquist, J.A., Milbourn, T .T ., Thakor, A.V . (1998). How Do Y ou Win the Capital Allocation Game? Sloan Management
- 78-90.
- Amit, R, Schoemaker, P .J.H. (1993). Strategic assets and organizational rent. Strategic Management Journal, V ol.14, 33–46.
- Review, V ol. 39, Issue 2, 59-71.
- Angelou, G.N., Economides, A.A. (2009). A compound real option and AHP methodology for evaluating ICT business
- 78-90.
- Burns, R.M., Walker, J. (2009). Capital Budgeting Surveys: The Future is now . Journal of Applied Finance, V ol. 19, Issue 1/2,
- Angelou, G.N., Economides, A.A. (2009). A compound real option and AHP methodology for evaluating ICT business
- Amit, R, Schoemaker, P .J.H. (1993). Strategic assets and organizational rent. Strategic Management Journal, V ol.14, 33–46.
- Angelou, G.N., Economides, A.A. (2009). A compound real option and AHP methodology for evaluating ICT business
- Angelou, G.N., Economides, A.A. (2009). A compound real option and AHP methodology for evaluating ICT business
- Amit, R, Schoemaker, P .J.H. (1993). Strategic assets and organizational rent. Strategic Management Journal, V ol.14, 33–46.
- alternatives. T elematics & Informatics, V ol. 26, Issue 4, 353-374.
- Angelou, G.N., Economides, A.A. (2009). A compound real option and AHP methodology for evaluating ICT business
- Boquist, J.A., Milbourn, T .T ., Thakor, A.V . (1998). How Do Y ou Win the Capital Allocation Game? Sloan Management
- Amit, R, Schoemaker, P .J.H. (1993). Strategic assets and organizational rent. Strategic Management Journal, V ol.14, 33–46.
- Review, V ol. 39, Issue 2, 59-71.
- Angelou, G.N., Economides, A.A. (2009). A compound real option and AHP methodology for evaluating ICT business
- 78-90.
- Boquist, J.A., Milbourn, T .T ., Thakor, A.V . (1998). How Do Y ou Win the Capital Allocation Game? Sloan Management
- Review, V ol. 39, Issue 2, 59-71.
- Burns, R.M., Walker, J. (2009). Capital Budgeting Surveys: The Future is now . Journal of Applied Finance, V ol. 19, Issue 1/2,
- alternatives. T elematics & Informatics, V ol. 26, Issue 4, 353-374.
- Amit, R, Schoemaker, P .J.H. (1993). Strategic assets and organizational rent. Strategic Management Journal, V ol.14, 33–46.
- alternatives. T elematics & Informatics, V ol. 26, Issue 4, 353-374.
- Burns, R.M., Walker, J. (2009). Capital Budgeting Surveys: The Future is now . Journal of Applied Finance, V ol. 19, Issue 1/2,
- Review, V ol. 39, Issue 2, 59-71.
- Review, V ol. 39, Issue 2, 59-71.
- alternatives. T elematics & Informatics, V ol. 26, Issue 4, 353-374.
- alternatives. T elematics & Informatics, V ol. 26, Issue 4, 353-374.
- 78-90.
- 78-90.
- 78-90.
- Amit, R, Schoemaker, P .J.H. (1993). Strategic assets and organizational rent. Strategic Management Journal, V ol.14, 33–46.
- Amit, R, Schoemaker, P .J.H. (1993). Strategic assets and organizational rent. Strategic Management Journal, V ol.14, 33–46.
- Boquist, J.A., Milbourn, T .T ., Thakor, A.V . (1998). How Do Y ou Win the Capital Allocation Game? Sloan Management
- alternatives. T elematics & Informatics, V ol. 26, Issue 4, 353-374.
- alternatives. T elematics & Informatics, V ol. 26, Issue 4, 353-374.
- 78-90.
- alternatives. T elematics & Informatics, V ol. 26, Issue 4, 353-374.
- alternatives. T elematics & Informatics, V ol. 26, Issue 4, 353-374.
- alternatives. T elematics & Informatics, V ol. 26, Issue 4, 353-374.
- 78-90.
- Angelou, G.N., Economides, A.A. (2009). A compound real option and AHP methodology for evaluating ICT business
- Angelou, G.N., Economides, A.A. (2009). A compound real option and AHP methodology for evaluating ICT business
- Amit, R, Schoemaker, P .J.H. (1993). Strategic assets and organizational rent. Strategic Management Journal, V ol.14, 33–46.
- Amit, R, Schoemaker, P .J.H. (1993). Strategic assets and organizational rent. Strategic Management Journal, V ol.14, 33–46.
- alternatives. T elematics & Informatics, V ol. 26, Issue 4, 353-374.
- Amit, R, Schoemaker, P .J.H. (1993). Strategic assets and organizational rent. Strategic Management Journal, V ol.14, 33–46.
- Burns, R.M., Walker, J. (2009). Capital Budgeting Surveys: The Future is now . Journal of Applied Finance, V ol. 19, Issue 1/2,
- 78-90.
- Angelou, G.N., Economides, A.A. (2009). A compound real option and AHP methodology for evaluating ICT business
- alternatives. T elematics & Informatics, V ol. 26, Issue 4, 353-374.
- alternatives. T elematics & Informatics, V ol. 26, Issue 4, 353-374.
- Amit, R, Schoemaker, P .J.H. (1993). Strategic assets and organizational rent. Strategic Management Journal, V ol.14, 33–46.
- Review, V ol. 39, Issue 2, 59-71.
- Burns, R.M., Walker, J. (2009). Capital Budgeting Surveys: The Future is now . Journal of Applied Finance, V ol. 19, Issue 1/2,
- alternatives. T elematics & Informatics, V ol. 26, Issue 4, 353-374.
- Angelou, G.N., Economides, A.A. (2009). A compound real option and AHP methodology for evaluating ICT business
- Burns, R.M., Walker, J. (2009). Capital Budgeting Surveys: The Future is now . Journal of Applied Finance, V ol. 19, Issue 1/2,
- Amit, R, Schoemaker, P .J.H. (1993). Strategic assets and organizational rent. Strategic Management Journal, V ol.14, 33–46.
- Angelou, G.N., Economides, A.A. (2009). A compound real option and AHP methodology for evaluating ICT business
- 78-90.
- Amit, R, Schoemaker, P .J.H. (1993). Strategic assets and organizational rent. Strategic Management Journal, V ol.14, 33–46.
- 78-90.
- alternatives. T elematics & Informatics, V ol. 26, Issue 4, 353-374.
- Angelou, G.N., Economides, A.A. (2009). A compound real option and AHP methodology for evaluating ICT business
- Boquist, J.A., Milbourn, T .T ., Thakor, A.V . (1998). How Do Y ou Win the Capital Allocation Game? Sloan Management
- alternatives. T elematics & Informatics, V ol. 26, Issue 4, 353-374.
- Review, V ol. 39, Issue 2, 59-71.
- Amit, R, Schoemaker, P .J.H. (1993). Strategic assets and organizational rent. Strategic Management Journal, V ol.14, 33–46.
- Review, V ol. 39, Issue 2, 59-71.
- alternatives. T elematics & Informatics, V ol. 26, Issue 4, 353-374.
- alternatives. T elematics & Informatics, V ol. 26, Issue 4, 353-374.
- Boquist, J.A., Milbourn, T .T ., Thakor, A.V . (1998). How Do Y ou Win the Capital Allocation Game? Sloan Management
- Burns, R.M., Walker, J. (2009). Capital Budgeting Surveys: The Future is now . Journal of Applied Finance, V ol. 19, Issue 1/2,
- Review, V ol. 39, Issue 2, 59-71.
- Review, V ol. 39, Issue 2, 59-71.
- Burns, R.M., Walker, J. (2009). Capital Budgeting Surveys: The Future is now . Journal of Applied Finance, V ol. 19, Issue 1/2,
- 78-90.
- Amit, R, Schoemaker, P .J.H. (1993). Strategic assets and organizational rent. Strategic Management Journal, V ol.14, 33–46.
- Amit, R, Schoemaker, P .J.H. (1993). Strategic assets and organizational rent. Strategic Management Journal, V ol.14, 33–46.
- 78-90.
- Boquist, J.A., Milbourn, T .T ., Thakor, A.V . (1998). How Do Y ou Win the Capital Allocation Game? Sloan Management
- Review, V ol. 39, Issue 2, 59-71.
- Burns, R.M., Walker, J. (2009). Capital Budgeting Surveys: The Future is now . Journal of Applied Finance, V ol. 19, Issue 1/2,
- Burns, R.M., Walker, J. (2009). Capital Budgeting Surveys: The Future is now . Journal of Applied Finance, V ol. 19, Issue 1/2,
- Amit, R, Schoemaker, P .J.H. (1993). Strategic assets and organizational rent. Strategic Management Journal, V ol.14, 33–46.
- Angelou, G.N., Economides, A.A. (2009). A compound real option and AHP methodology for evaluating ICT business
- Review, V ol. 39, Issue 2, 59-71.
- 78-90.
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