Investment Appraisal

Methods and Models

  • Uwe Götze
  • Deryl Northcott
  • Peter Schuster

Part of the Springer Texts in Business and Economics book series (STBE)

Table of contents

  1. Front Matter
    Pages i-xv
  2. Introduction

    1. Front Matter
      Pages 1-1
    2. Uwe Götze, Deryl Northcott, Peter Schuster
      Pages 3-26
  3. Basic Methods of Investment Appraisal

    1. Front Matter
      Pages 27-27
    2. Uwe Götze, Deryl Northcott, Peter Schuster
      Pages 29-46
    3. Uwe Götze, Deryl Northcott, Peter Schuster
      Pages 47-83
  4. Advanced Methods and Applications of Investment Appraisal

    1. Front Matter
      Pages 85-85
    2. Uwe Götze, Deryl Northcott, Peter Schuster
      Pages 87-104
    3. Uwe Götze, Deryl Northcott, Peter Schuster
      Pages 105-159
  5. Multi-Criteria Methods and Simultaneous Decision-Making

    1. Front Matter
      Pages 161-161
    2. Uwe Götze, Deryl Northcott, Peter Schuster
      Pages 163-208
    3. Uwe Götze, Deryl Northcott, Peter Schuster
      Pages 209-243
  6. Methods and Models that Incorporate Uncertainty

    1. Front Matter
      Pages 245-245
    2. Uwe Götze, Deryl Northcott, Peter Schuster
      Pages 247-298
    3. Uwe Götze, Deryl Northcott, Peter Schuster
      Pages 299-321
  7. Back Matter
    Pages 323-366

About this book

Introduction

This book provides an introduction to investment appraisal and presents a range of methods and models, some of which are not widely known, or at least not well covered by other textbooks. Each approach is thoroughly described, evaluated and illustrated using examples, with its assumptions and limitations analyzed in terms of their implications for investment decision-making practice. Investment decisions are of vital importance to all companies. Getting these decisions right is crucial but, due to a complex and dynamic business environment, this remains a challenging management task. Effective appraisal methods are valuable tools in supporting investment decision-making. As organisations continue to seek a competitive edge, it is increasingly important that management accountants and strategic decision-makers have a sound knowledge of these tools.

Keywords

Accounting Capital budgeting Discounted Cash Flow Investment Investment appraisal Management accounting Management control Strategic decision-making

Authors and affiliations

  • Uwe Götze
    • 1
  • Deryl Northcott
    • 2
  • Peter Schuster
    • 3
  1. 1.Faculty of Economics and Business AdministrationTechnische Universität ChemnitzChemnitzGermany
  2. 2.Faculty of BusinessThe Auckland University of TechnologyAucklandNew Zealand
  3. 3.Faculty of Business and EconomicsSchmalkalden University of Applied SciencesSchmalkaldenGermany

Bibliographic information

  • DOI https://doi.org/10.1007/978-3-662-45851-8
  • Copyright Information Springer-Verlag Berlin Heidelberg 2015
  • Publisher Name Springer, Berlin, Heidelberg
  • eBook Packages Business and Economics
  • Print ISBN 978-3-662-45850-1
  • Online ISBN 978-3-662-45851-8
  • Series Print ISSN 2192-4333
  • Series Online ISSN 2192-4341
  • About this book
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