Table of contents
CAPITAL BUDGETING FOR INTERNATIONAL BUSINESS: A FRAMEWORK FOR ANALYSIS
John HollandThis article focuses on three related themes. Firstly, normative decision rules for the international capital budgeting decision are outlined. Secondly, the strengths and…
POLITICAL RISK IN INTERNATIONAL CAPITAL BUDGETING
Scott GoddardOne of the practical difficulties of international capital budgeting is how to incorporate political risk into the decision process. This paper examines the nature of political…
COST OF CAPITAL IN CAPITAL BUDGETING FOR FOREIGN DIRECT INVESTMENT
Marjorie T. StanleyThe concept of a company's cost of capital is used in capital budgeting as a potential basic discount rate to be applied to expected future cash flows from a proposed investment…
STRATEGIC CAPITAL BUDGETING DECISIONS AND THE THEORY OF INTERNALISATION
Alan M. Rugman, Alain VerbekeThe capital budgeting decision for a multinational enterprise needs to take into account concepts of business policy and competitive strategy. From the modern theory of the…
EMPIRICAL EVIDENCE OF THE USE OF A FRAMEWORK OF RISK AND RETURN IN CAPITAL BUDGETING FOR FOREIGN DIRECT INVESTMENT
Mark WilsonThis paper presents the results of an empirical investigation into the capital budgeting practices of UK multinationals for foreign direct investment, with particular reference to…
ISSN:
0307-4358Online date, start – end:
1975Copyright Holder:
Emerald Publishing LimitedOpen Access:
hybridEditor:
- Professor Don Johnson