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The Capital Budgeting Decision

Jr. Harold Bierman, Seymour Smidt · ISBN 9781135656232
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Publisher Taylor and Francis
Author(s) Jr. Harold Bierman / Seymour Smidt
Subtitle Economic Analysis of Investment Projects
Published 14th December 2006
Related course codes

Economic Analysis of Investment Projects

Fully updated and revised by international authorities on the topic, this new version of a classic and established text returns to its roots as a clear and concise introduction to this complex but essential topic in corporate finance.


Retaining the authority and reputation of previous editions, it now covers several topics in-depth which are frequently under explored, including distribution policy and capital budgeting.


Features new to this edition include:




  • a new chapter on real options

  • new material on uncertainty in decision-making.


Easily understandable, and covering the essentials of capital budgeting, this book helps readers to make intelligent capital budgeting decisions for corporations of every type.

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