Tarar, Ahmed Hayat creator Igel, Barbara Chairperson Gupta, Joyti Examination Committee Tang, John C.S. Examination Committee text series technical report th Bangkok Asian Institute of Technology 1994 continuing eng 69, A-10, B-15 leaves + 1 online resource 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. 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 Capital budget Pakistan Asian Institute of Technology. http://203.159.5.9/ait-thesis/detail.php?q=B15385 http://203.159.5.9/ait-thesis/detail.php?q=B15385 121095 20260817172151.0