A comparative study of capital expenditure evaluation techniques |
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| Authors: | L.S. Porwal S.S. Singhvi |
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| Affiliation: | 1. Professor of Commerce, University of Delhi, India;2. Adjunct Professor of Finance, Miami University; and Manager of Financial Planning and Analysis, Armco Steel Corporation, Middletown, Ohio 45043, U.S.A. |
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| Abstract: | An empirical study of the techniques of economic evaluation of capital investment projects was made during 1973–1974 in India by the author. Influence of both the quantitative and qualitative factors on the determination of economic evaluation techniques was studied. Comparison has been made wherever possible with the practice in the United States of America. |
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