Capital budgeting in selected manufacturing firms in Pakistan
- Bangkok : Asian Institute of Technology, 1994
- 69, A-10, B-15 leaves + 1 online resource
- Research studies project report ; no. SM-94-4 .
- Asian Institute of Technology. Research studies project report ; no. SM-94-4 .
A research study submitted in partial fulfillment of the requirement for the degree of Master of Business Administration
Research Studies Project Report (M.B.A.) - Asian Institute of Technology, 1994
This study attempts to examine the evaluation of capital investments in the manufacturing sector of Pakistan. Based on a sample of 15 large and medium size companies, the study examines and assesses the capital budgeting practices based on a conceptual framework, developed by the author for the purpose. Although capital budgeting was used by 11 out of the 15 responding firms, the study shows that capital budgeting is still not a well established investment evaluation instrument to select capital investments. The main reason seems to be the attitude of the industrialists. The study concludes with a set of recommendations to overcome the problems identified.