Capital budgeting is one of the most important and sometimes most difficult area of finance. Different business models need different strategies to achieve a myriad of goals. This book explores the theories and practices of capital budgeting. It also provides basic and advanced coverage of the long and short term implications of different capital budgeting strategies including special notice paid to the lease versus buy decision.
Book Details:
- Author: Pamela P. Peterson
- ISBN: 9780470342565
- Year Published: 2002
- Pages: 256
- BISAC: BUS027000, BUSINESS & ECONOMICS/Finance
About the Book and Topic:
Capital budgeting is one of the most important and sometimes most difficult area of finance. Different business models need different strategies to achieve a myriad of goals. This book explores the theories and practices of capital budgeting. It also provides basic and advanced coverage of the long and short term implications of different capital budgeting strategies including special notice paid to the lease versus buy decision.
There is no current title that covers all of the critical issues and limitations of capital budgeting techniques. Assessing value and mobilizing capital is a consistent challenge to all levels of financial managers. This book will cater to their direct needs by presenting all issues and aiding the reader to choose the best strategy for his target needs.
Sets a balance that appeals to both the veteran and novice. * Highlights the different implications of different strategies. * Special section addresses the current theories on when and how leasing or buying is better for the bottom line.
About the Author
PAMELA P. PETERSON, PhD, CFA, is Professor of Finance at Florida State University where she teaches undergraduate courses in corporate finance and doctoral courses in empirical research methods. Professor Peterson has published articles in journals such as the Journal of Finance, the Journal of Financial Economics, the Journal of Banking and Finance, Financial Management, and the Financial Analysts Journal. She is the coauthor with David R. Peterson of Company Performance and Measures of Value Added and coauthor with Frank J. Fabozzi of Analysis of Financial Statements. FRANK J. FABOZZI, PhD, CPA, CFA, is Editor of the Journal of Portfolio Management and an Adjunct Professor of Finance at Yale University’s School of Management. Dr. Fabozzi is on the board of directors of the Guardian Life family of funds and the BlackRock complex of funds. He earned a doctorate in economics from the City University of New York in 1972 and, in 1994, received an honorary doctorate of humane letters from Nova Southeastern University. Dr. Fabozzi is a Fellow of the International Center for Finance at Yale University.