CAPITAL BUDGETING DECISIONS: A SURVEY OF LATIN AMERICAN PRACTICES

Abstract

Latin American financial executives are emerging as strategic planners. In this chapter some linkages between strategy and finance in the case of Latin American corporations are shown to guide decision-makers in gaining insights when applying recognized methods of capital budgeting. Results of a survey of corporate executives shed light on the criteria used in corporations of the region to evaluate investment projects, make capital budgeting decisions, consider adjustments needed, and make an appraisal of the overall interaction of factors related to strategic capital budgeting.

Citation

Arbeláez, H. (2005), "CAPITAL BUDGETING DECISIONS: A SURVEY OF LATIN AMERICAN PRACTICES", Arbelaez, H. and Click, R.W. (Ed.) Latin American Financial Markets: Developments in Financial Innovations (International Finance Review, Vol. 5), Emerald Group Publishing Limited, Leeds, pp. 45-61. https://doi.org/10.1016/S1569-3767(05)05004-1