Capital Asset Investment: Strategy, Tactics and Tools

Capital Asset Investment: Strategy, Tactics and Tools
By Anthony F. Herbst

Publisher: Wiley
Number Of Pages: 334
Publication Date: 2002-12
Sales Rank: 1012502
ISBN / ASIN: 0470845112
EAN: 9780470845110
Binding: Hardcover
Manufacturer: Wiley
Studio: Wiley
Average Rating: 0
Total Reviews: 0

Book Description:

Providing a balanced and practical approach to capital management and budgeting, this book covers the full spectrum of capital investments, from the basics through the latest innovations. It is aimed at managers who are involved in capital investment decisions: setting company capital investment policy; performing project analyses; and drafting recommendations. Those in top management will benefit from discussions of strong and weak points of various methods and concepts.

Included in the arsenal of capital investment tools in this book are concepts of proven usefulness, such as the MAPI method, no longer available in other works on the topic of capital budgeting, and other topics not covered elsewhere, such as abandonment analysis.


Download Description:

"Capital Asset Investment offers a detailed exposition of the theory, quantitative methods, and applications of capital budgeting. Comprehensive in scope, the author covers all the major topics in the field, providing a balanced treatment of the various approaches to capital project evaluation, exploring their strengths and weaknesses. Capital budgeting decisions involve the largest tangible investments for any firm long-term commitments that are generally irreversible in the short run. Such decisions directly impact on shareholder value and the future viability of the firm. In this book, the author offers a harmonious blend of the old techniques, such as the MAPI method of capital investment appraisal, with the newer, such as the Capital Asset Pricing Model (CAPM) and the most recent innovation, the use of real options. Capital Asset Investment: Strategy, Tactics and Tools is essential reading for financial managers, industrial and manufacturing engineering managers and all those involved in forward planning and business strategy formulation and execution. The book will also be of use to students of finance."

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