Capital Budgeting Valuation: Financial Analysis for Today's Investment Projects
An essential guide to valuation techniques and financial analysis. With the collapse of the economy and financial systems, many institutions are reevaluating what they are willing to spend money on. Project valuation is key to both cost effectiveness measures and shareholder value.
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Don't for a moment think this book is a handbook for managers doing capital budgeting. The book is a bunch of essays from third rate academics that just rehash standard finance theory. Very basis elaborations, like taking several pages to show in equations that synergy is a+b>c. There is nothing novel and there is not one single professor that has actually interviewed managers involved in capital budgeting. Get hold of a basic textbook, then use your brain.