Capital budgeting practices in Colombia

被引：2

作者：

Enrique Vecino, Carlos ^{[1
]}

Carolina Rojas, Silvia ^{[2
]}

Munoz, Yaromir ^{[3
]}

机构：

[1] Univ Ind Santander, Escuela Estudios Ind & Empresariales, Bucaramanga, Colombia

[2] SNC Lavalin Itansuca, Presupuesto, Bogota, Colombia

[3] Univ EAFIT, Dept Mkt, Medellin, Colombia

来源：

ESTUDIOS GERENCIALES | 2015年 / 31卷 / 134期

关键词：

Capital budgeting; Time value of money; Net present value; Internal rate of return; Benefit/cost ratio;

D O I：

10.1016/j.estger.2014.08.002

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

The main purpose of this study is to identify the capital budgeting practices in Colombia. The method used to gather information was a questionnaire applied to 300 companies, using the data to perform a statistical descriptive analysis, which highlights the net present value, the internal rate of return and the benefit/cost ratio as the main criteria. An inferential analysis was conducted for the effect of several company characteristics on a utilitarian variable called "proper use index". This analysis led to the conclusion that the company size and the academic level of the decision makers are related to the criteria and practices in the capital budgeting process. (C) 2013 Universidad ICESI. Published by Elsevier Espana, S.L.U. All rights reserved.

引用

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页码：41 / 49

页数：9

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