The subject of this article is to assess the scale of practical usage of real options’ methodology in business environment. The intentions of the authors are achieved through formal and universal juxtaposition of the case studies described in the literature. The aim of this paper is to enable...

This paper demonstrates that the current economic crisis has its roots in the evolution of the global economy during the 1960s. The gradual increase of US debt from the 1960s accompanied by the deficit in the US trade balance due to international competition from EU, Japan, and later from China...

This paper examines the effect of job rotation policy as a control mechanism in preventing managerial escalation of commitment under an agency problem setting. A total of 54 business students participated in a laboratory experiment. A 2 × 2 between-subjects ANOVA was used to test the hypotheses...

A new approach for the use of decision trees in capital budgeting is presented. It is argued that the use of criteria other than the financial value, particularly time, may often make sense in the assessment of investment projects, and an approach for the use of time and financial value in...

In the evaluation of investment subsidies one of the critical issues concerns the assessment of deadweight, that is, the degree to which projects would have been carried out without grant assistance. With the increasing restrictions on and cuts in subsidies for investment projects in the EU...