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A Review of: INTRODUCTION TO CONTEMPORARY MICROECONOMICS by Vivian Charles Walsh |
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| Authors: | J A Nordin |
| Institution: | Kansas State University |
| Abstract: | The paper examines changes in selected capital budgeting practices over eleven years in 100 large corporations and whether these changes improve Investment decision-making. Significant increases in the use of sophisticated techniques were found, together with a significant positive association between the application of these practices and managers' assessments of capital budgeting effectiveness. Reasons for these findings are discussed. |
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