Journal Article10.2307/3664993
Myopia, Capital Budgeting and Decision Making
137
About: This article is published in Financial Management. The article was published on 23 Jan 1982. The article focuses on the topics: Capital budgeting & Economic capital.
read more
Chat with Paper
AI Agents for this Paper
Find similar papers on Google Scholar, PubMed and Arxiv
Write a critical review of this paper
Analyze citations of this paper to find unaddressed research gaps
Citations
Ideology vs. Formal Systems as a Control Mechanism: A Case Study
TL;DR: In this paper, the authors apply Pettigrew's 'context, content, process' model to evaluate, using a case study approach, the use of management control systems (MCS) for FDI decisions.
7
Investing in New Companies in an Unstable Economic Environment: A Fuzzy Set Approach
TL;DR: F fuzzy set theory is used to represent these new companies as finite fuzzy subsets of established companies for which there is a history of investment data and a fuzzy expected return is constructed for each new investment under consideration.
7
The attractiveness of Qatar to foreign direct investment: a multivariate analysis
TL;DR: In this article, the authors investigated investment climate and its determinants in Qatar and examined whether these factors are similarly perceived by government officials and foreign investors, using a questionnaire and a survey conducted by the author using a random sample of 320 investors.
7
Precursors to the financial and strategic orientation of hotel property capital budgeting
TL;DR: In this article, the authors developed and tested a set of hypotheses concerned with exploring for precursors to the degree of emphasis hotel property General Managers attach to a financial versus strategic orientation in capital budgeting.
6
References
Theory of the firm: Managerial behavior, agency costs and ownership structure
TL;DR: In this article, the authors draw on recent progress in the theory of property rights, agency, and finance to develop a theory of ownership structure for the firm, which casts new light on and has implications for a variety of issues in the professional and popular literature.
61.3K
The Pricing of Options and Corporate Liabilities
Fischer Black,Myron S. Scholes +1 more
TL;DR: In this paper, a theoretical valuation formula for options is derived, based on the assumption that options are correctly priced in the market and it should not be possible to make sure profits by creating portfolios of long and short positions in options and their underlying stocks.
31.9K
Option pricing: A simplified approach☆
TL;DR: In this paper, a simple discrete-time model for valuing options is presented, which is based on the Black-Scholes model, which has previously been derived only by much more difficult methods.
6.6K
The Structure of "Unstructured" Decision Processes
TL;DR: Mintzberg et al. as mentioned in this paper proposed a general model to describe the interrelationships among strategic decision processes in terms of 12 elements: 3 central phases, 3 sets of supporting routines, and 6 sets of dynamic factors.
4.1K