Truong, Giang; Partington, Graham; Peat, Maurice - In: Australian Journal of Management 33 (2008) 1, pp. 95-121
We use a sample survey to analyse the capital-budgeting practices of Australian listed companies. We find that NPV, IRR and Payback are the most popular evaluation techniques. Real options techniques have gained a toehold in capital budgeting but are not yet part of the mainstream. Discounting...