Naslov
Capital Budgeting Practices : A Survey of Croatian Firms

Autori
Dedi, Lidija ; Orsag, Silvije

Izvornik
South East European Journal of Economics and Business (1840-118X) 2 (2007), 1; 59-67

Vrsta, podvrsta i kategorija rada
Radovi u časopisima, članak, znanstveni

Ključne riječi
capital budgeting

Sažetak
This paper reports the results of a mail survey of capital budgeting practices of Croatian firms and compared the results with similar studies in the USA, UK, Sweden, and other European countries where available. It is based on a questionnaire sent to 200 firms selected from 400 of the best Croatian firms (special edition of «Privredni vjesnik) and to 34 banks from the rank list of banks in Croatia (special edition of «Privredni vjesnik). The response rate was 25, 21%. The goal of the empirical survey was to determine the present application of quantitative capital budgeting methods, cost of capital and cash flow estimation, risk analysis and application of real options approach in capital budgeting practices in Croatian firms. This is the first empirical survey of Croatian capital budgeting practices that has been undertaken.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija

POVEZANOST RADA