Apply Capital Budgeting Techniques in the Firms Accepted in Exchange Stock of Tehran

Subject Areas : Futurology

Gh.  Talebnia ¹ (نویسنده مسئول)
H.  Valipoor ² (ندارد)

Received: 2006-11-16 Accepted : 2007-03-01 Published : 2008-06-21

Keywords: Capital budgeting techniques, Firms accepted in exchange sto, Obstacles of applies capital&#x0D, &#x0D, ,

Abstract :

Favorable implementation of capital assets depends on accurate appraising of them before implementation.This generally happens through capital budgeting techniques. The purpose of the research is to study how toapply capital budgeting techniques, and whether not applied, study the obstacles of these techniques.The population of the research. Is financial managers of the firms accepted in exchange stock and the samplewas selected through simple random. The information was gathered through questionnaire. Descriptive andanalytic statistics were used for analyzing in formations.The results represent that the firms do not used these techniques. And payback period was the most usedmethod among the firms. Other findings show significant relationship between cost of investment andapplied techniques. But no significant relationship was seen between education and applied techniques.Other findings show that education and technical, structural and environmental obstacles, causes implyingcapital budgeting techniques. Of course educational and technical obstacles have had the most influence.