Medium-sized firms in Peru: a review of capital budgeting practices

被引：0

作者：

Tresierra-Tanaka, Alvaro ^{[1
]}

Vega-Acuna, Luis ^{[1
]}

机构：

[1] Univ Piura, Fac Ciencias Econ & Empresariales, Piura, Peru

来源：

ESTUDIOS GERENCIALES | 2019年 / 35卷 / 150期

关键词：

capital budgeting; discount rate; net present value; cash flow; payback period; CORPORATE-FINANCE;

D O I：

10.18046/j.estger.2019.150.2943

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

The objective of this article is to know what are the techniques used by medium-sized companies to evaluate their investment projects, and in this way to determine if there is a gap between theory and practice. In addition, we sought to identify which characteristics of the company and its general manager influence the use of these techniques. For this, a survey was elaborated and applied to 126 medium-sized companies in the department of Piura (Peru). Based on this, it was found that a large part of the sample uses at least one technique where cash flows are discounted, which is supported by the theory; therefore, it is evident that the gap between theory and practice is not very wide.

引用

页码：59 / 69

页数：11

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