Valuation lies at the heart of much of what we do in finance, whether it is the study of market
efficiency and questions about corporate governance or the comparison of different …

Surprisingly, little is known whether the net present value (NPV) used as a financial metric in
budgeting and investment planning to analyse a projects' profitability is universal …

The paper assists the user of DCF methods by clearly setting forth the relationship of free-
cash-flow (FCF) and economic value added (EVA™) concepts to each other and to the more …

Organizational performance evaluation is a very vital and sensitive process in any industry.
One of the most crucial aspects of performance assessment is consideration of financial …

Financial performance evaluation is a very crucial process for industries in current highly
competitive environment. Therefore, designing an accurate and appropriate performance …

In project appraisal under uncertainty, the economic reliability of a measure of financial
efficiency such as a rate of return depends on its strong NPV-consistency, meaning that the …

“The subject of valuation and project selection has a long history originating in multiple
disciplines including financial economics, accounting, and engineering. Historically these …

Whilst target costing and strategic management accounting (SMA) continue to be of
considerable interest to academic accountants, both suffer from a relative dearth of …

Target costing is a cost management system designed to develop products with a level of
profitability deemed adequate to justify their production. This paper examines whether …

This study was designed to evaluate whether the decentralized rural kitchen waste (KW)
composting technologies used in China can be widely applied. To this end, we completed a …