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Organizational Capital Budgeting Model (OCBM) is a general theory of capital budgeting that incorporates traditional capital budgeting theories and the consideration about firm's information/ organization structure. The traditional financial capital budgeting model is a special case of OCBM....
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Uncertainty affecting project values makes investors hesitate to build new capacity unless profitability is significant … capture both uncertainty effects and decision-making behaviour of investors. Important stochastic factors typically include …
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; incompleteness of contracting and fundamental uncertainty associated with business. As for the latter dimension of Gharar, the … financial institutions are not necessarily discouraged to share the associated uncertainty with the small-sized firms in the … finance, less has been done to elaborate upon it through the lens of Post-Keynesian economics which have greatly contributed …
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