It has long been an accepted precept that the purpose of management is the maximization of shareholder wealth. Few would dispute the notion that projects requiring long-term capital investments should be subjected to capital budgeting. Numerous authors have, however, questioned the appropriateness of subjecting non-capital expenditures, such as advertising, research or product development, to c...

This article may be used for research, teaching and private study purposes. Any substantial or systematic reproduction, redistribution , reselling , loan or sub-licensing, systematic supply or distribution in any form to anyone is expressly forbidden. The publisher does not give any warranty express or implied or make any representation that the contents will be complete or accurate or up to da...

Investments in e-business projects are necessary for organization to remain competitive in nowadays. Since the capital resources of a business are limited, it is necessary to allocate the resources in an optimized way in order to maximize the shareholders equity. However, in the implementation of an e-business project, there are always financial risks due to its complicated nature. It is theref...

One of the most important issues in all stages of mining study is capital cost estimation. Determination of capital expenditure is a challenging issue for mine designers. In recent decade, quite a few number of studies have focused on proposing estimation models to predict mining capital cost. However, these efforts have not achieved to a predictor model with reliable range of error. Both of ov...

This paper presents a linear programming model in which a portfolio of projects is modelled as decision trees. It is also shown how scenario thinking can be combined with a capital budgeting model in order to permit uncertainty considerations. Furthermore, the programming of an option to wait and synergies of two projects is described.

Customer MyCustomerFig. 6-4AbstractImplementations forInterfaces 2276.9 An Example If the API as well as the implementation of a subsystem are respectivelyorganized in packages of their own, changes to the implementationcan be easier kept separate from the API. Design Tip 6: Unambiguous Class Names Class names in a subsystem API should be unambiguous, even without<lb...

Large IT projects may not deliver what they promise. Often they are late. Often they are over budget. Often what is eventually delivered is not either what was originally specified nor what is actually needed. There are many reasons why this happens. We discuss some of those reasons here and argue that many of them are a consequence of failure to specify requirements anything like adequately. W...

Organizational behavior researchers have recently distinguished positive psychology from prior IS project team members’ emotion frequency. We expanded this research by examining the psychological capital antecedents effect and second order variable on prior IS project team members’ creativity ability within a small to medium information software developer company. We found that the concept of p...

The rule of ideologies which ban interest or usury which is earned through lending money has led to developing economic systems that differ from conventional economic systems in which ,interest has been entered. The presence of systems not relying on interest, in turn, has questioned the necessary motives in capital establishments through savings. In this paper, while defining the concepts of m...

Real estate development (RED) is a dynamic business with long-duration projects involving multiple parties with both common and sometimes conflicting goals. With large capital budgets in RED projects, time management is a primary factor determining success or failure. In recent years, Modular Construction Methods (MCM) have been successfully used to accelerate the construction of both residenti...