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The Capital Budgeting Decision: Economic Analysis of Investment Projects
Author(s): Harold Bierman Jr. (Author), Seymour Smidt (Author)
- Publisher: Routledge
- Publication Date: 14 Dec. 2006
- Edition: 1st
- Language: English
- Print length: 404 pages
- ISBN-10: 0415400031
- ISBN-13: 9780415400039
Book Description
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.
Editorial Reviews
Review
This is the best book on capital budgeting ever written., November 15, 1998
Reviewer: A reader
Bierman and Smidt’s work is generally considered to be a classic in its field. Anyone seriously interested in a cogent, well structured, and logically developed textbook on the economic analysis of investment projects MUST study Bierman and Smidt. This book is not “just another finance text” because capital budgeting straddles two disciplines: finance and operations. This book does justice to both fields remarkably well.
From Amazon, review of the previous edition published by Prentice Hall
About the Author
Harold Bierman, Jr. is the Nicholas H. Noyes Professor of Business Administration at the Johnson Graduate School of Management, Cornell University.
Seymour Smidt is Professor Emeritus at the Johnson Graduate School of Management, Cornell University.
