Given the considerable increase in knowledge‐based and technology driven companies,
the accounting profession has been wrestling with the valuation of intangibles and …

The concept of energy management (EnM) became a topical issue in industrial settings as a
result of the energy crises that affected the global community in the 1970s. However, EnM …

The complexity surrounding strategic capital investments present challenges to managers
charged with evaluating these projects. In particular over-reliance on financial appraisal …

Profitability is not the main driver of capital investment decision-making; financial evaluation
tools often play a secondary role in corporate investment choices; businesses do not follow …

Abstract “Investment in energy efficiency: do the characteristics of firms matter?” In their
famous 1998 paper, DeCanio and Watkins raised the question and answered it affirmatively …

This paper proposes a contextual approach to explaining differences in strategic investment
decision (SID) making practices. First, a systematic contextual framework is developed from …

This article investigates the practical application of strategic management accounting within
a dynamic business environment. Using case study evidence, it presents a practical view of …

The findings of a field study concerned with appraising capital budgeting process
implications arising from different owner/operator structures employed in the hotel industry …

This paper reports the results of a survey investigation into the investment decision making
practices of large UK manufacturing companies, especially in relation to investments in …

We examine the association between capital expenditures and near‐term earnings
performance for loss‐making firms. Using a sample of 24,030 firm‐year observations from …