Corporate planning and capital investment
MetadataShow full item record
Based on interviews with corporate managers and reviews of corporate planning documents, corporate planning and implementation processes related to capital investment are examined in four large corporations. From the examination, models are developed and estimated on corporate plans and actual outcomes to explain corporate forecasts of capital investment, forecasts of changes in debt, and actual capital investment. The results of both the qualitative and quantitative data analyses are summarized and a new conceptual framework for the determinants of corporate capital investment is proposed.
Showing items related by title, author, creator and subject.
Housel, Thomas J.; Nelson, Sarah K. (Monterey, California: Naval Postgraduate School., 2005);Purpose – The purpose of this paper is to provide a review of an analytic methodology (knowledge valuation analysis, i.e. KVA), based on complexity and information theory, that is capable of quantifying value creation ...
Wang, Chong; Wang, Neng; Yang, Jinqiang (Monterey, California: Naval Postgraduate School., 2011-11-03);An entrepreneur faces non-diversi able business risk and liquidity constraints. We provide a uni ed framework that embeds these frictions to study interdependent business start-up/entry, capital accumulation/asset sales, ...
Menichini, Amilcar A. (Monterey, California: Naval Postgraduate School., 2012-01-27);I provide further evidence on the determinants of corporate capital structure by estimating a dynamic trade-o¤ model of the rm that includes investment, leverage, and payout de- cisions. The structural model generates ...