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.

Provides a thorough insight into the different investment appraisal methods, their uses, assumptions and limitations Each approach is thoroughly described, evaluated, and illustrated using examples and exercises with solutions Written for students of management science and business administration as well as for professionals in the field Includes supplementary material: sn.pub/extras

Autorentext

Jürgen Bloech ist Emeritus, er lehrte langjährig an der Georg-August-Universität Göttingen und leitete dort das Institut für Betriebswirtschaftliche Produktions- und Investitionsforschung. Ronald Bogaschewsky ist Inhaber des Lehrstuhls für Betriebswirtschaftslehre und Industriebetriebslehre an der Julius-Maximilians-Universität Würzburg. Udo Buscher hat den Lehrstuhl für Industrielles Management an der Technischen Universität Dresden inne. Anke Daub lehrt als Privatdozentin am Lehrstuhl für Produktion und Logistik der Georg-August-Universität Göttingen. Uwe Götze leitet die Professur für Unternehmensrechnung und Controlling an der Technischen Universität Chemnitz. Folker Roland ist Professor für Betriebswirtschaftslehre mit dem Schwerpunkt Logistikmanagement an der Hochschule Harz.

Inhalt
Part I. Introduction.- Part II. Basic Methods of Investment Appraisal.- Part III. Advanced Methods and Applications of Investment Appraisal.- Part IV. Multi-Criteria Methods and Simultaneous Decision-Making.- Part V. Methods and Models that Incorporate Uncertainty.