THE IMPORTANCE OF THE PAYBACK METHOD IN CAPITAL BUDGETING DECISION.
Independent thesis Advanced level (degree of Master (One Year))Student thesis
It became evident that the payback method is still often used in organizations all over the world despite its criticism by the academicians, making inference from the analysis of companies in Europe, America and Africa. The importance of the payback method, which includes but not limited to its simplicity, liquidity and risk assessment have made the method to be gaining more awareness in appraising investment opportunity by practicing manager.
The use of the payback method will always have its relevance in the corporate organization for evaluating of capital project because of it majors advantages.
Place, publisher, year, edition, pages
2008. , 76 p.
Capital Budgeting, Payback Method, Payback Period, Net Present Value, Internal Rate of Return, Real Options Approach
IdentifiersURN: urn:nbn:se:bth-3845Local ID: oai:bth.se:arkivex96459E3B71BCE192C1257507003AE68FOAI: oai:DiVA.org:bth-3845DiVA: diva2:831159
UppsokSocial and Behavioural Science, Law