000			01641pab a2200205 454500
008			140923b0 xxu||||| |||| 00| 0 eng d
040			_cWelingkar Institute of Management Development & Research, Mumbai _aWelingkar Institute of Management Development & Research, Mumbai
041			_aENG
082			_a _bGup
100			_aGupta Sanjeev
245			_aCapital Budgeting Practices in Punjab-Based Companies
250			_a2
260			_a _bFeb 2007 _c0
300			_a57-70 Pp.
490			_v13
520			_aInvestment decision, popularly known as capital budgeting decision, is one of the most important decisions that finance managers have to take. In the current era of globalization and competition, selection of profitable investment opportunities is a must for the survival of any company. A number of studies have shown that companies employ several capital budgeting techniques while selecting a project. Based on a primary survey, the present study examines the current status of capital budgeting and explores the techniques preferred by Punjab-based companies. The study also seeks to find whether the factors such as size of capital budget, age of the company and nature of industry have any influence on the choice of capital budgeting methods. As it is found that most of the companies pursue non-discounted methods, the study suggests that they adopt techniques like Net Present Value (NPV) and Internal Rate of Return (IRR), which could deliver better results.
650			_aInvestment Decisions, Capital Budgeting, Globalization,
856			_uhttp://192.168.6.13/libsuite/mm_files/Articles/AR8504.pdf
906			_a24921
999			_c28417 _d28417