| Author | Das, Sanjoy |
| Call Number | AIT RSPR no. SM-98-40 |
| Subject(s) | Capital budget--Developing countries
|
| Note | A research study submitted in partial fulfilment of the requirements for the degree of Master
of Business Administration, School of Management |
| Publisher | Asian Institute of Technology |
| Abstract | The study attempted to find out the capital budgeting practices of different companies in the
chemical process industry. Thereby, it also tried to make a comparative analysis of the
different practices between companies from the developing countries and that from the
developed world. Three in-depth case-studies were done about three companies in India,
Thailand and France. Studies were made about the investment appraisal practices in several
other companies from India and Germany. The information available was analysed in the
light of a conceptual framework developed on previous findings and literature survey.
It was found that almost all the companies adopted to theoretically unsound practices in some
way or the other, with companies from developing countries showing more of this symptom.
However, the marked differences existing between the capital budgeting practices between
these two economies, as pointed out by earlier studies, is gradually narrowing down.
Companies in India and Thailand are in the way of remarkable changes in adopting to
standard financial management practices. A model has been prepared which points out the
critical aspects of a standard capital budgeting procedure based on the findings of the study. |
| Year | 1998 |
| Type | Research Study Project Report (RSPR) |
| School | School of Management (SOM) |
| Department | Other Field of Studies (No Department) |
| Academic Program/FoS | Master of Business Administration (MBA) (Publication code=SM) |
| Chairperson(s) | Gupta, J. P.; |
| Examination Committee(s) | Paul, H. ;Pandey, I. M.; |
| Scholarship Donor(s) | Government of Norway |
| Degree | Research Studies Project Report (M.B.A.) - Asian Institute of Technology, 1998 |