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The Capital Budgeting Decision

Economic Analysis of Investment Projects

The Capital Budgeting Decision by Jr. Bierman
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Fully updated and revised by international authorities on the topic, this new version of a classic and established text returns to its roots as a clear and concise introduction to this complex but essential topic in corporate finance.

Retaining the authority and reputation of previous editions, it now covers several topics in-depth which are frequently under explored, including distribution policy and capital budgeting.

Features new to this edition include:

  • a new chapter on real options
  • new material on uncertainty in decision-making.

Easily understandable, and covering the essentials of capital budgeting, this book helps readers to make intelligent capital budgeting decisions for corporations of every type.

Taylor and Francis; November 2012
424 pages; ISBN 9781135656232
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Title: The Capital Budgeting Decision
Author: Jr. Bierman; Seymour Smidt
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