Taking Risk into Account in the Evaluation of Economic Efficiency of Investment Projects: Traditional Methods

被引:20
作者
Bartosova, Viera [1 ]
Majercak, Peter [1 ]
Hraskova, Dagmar [1 ]
机构
[1] Univ Zilina Zilina, Fac Operat & Econ Transport & Commun, Dept Econ, Univ 1, Zilina 01026, Slovakia
来源
INTERNATIONAL CONFERENCE ON APPLIED ECONOMICS (ICOAE) 2015 | 2015年 / 24卷
关键词
investment; investment project; uncertainty; risk; value based management; firm value; integrated managerial system; earnings; cash flow; opportunity cost; economic efficiency;
D O I
10.1016/S2212-5671(15)00614-0
中图分类号
F8 [财政、金融];
学科分类号
0202 ;
摘要
The article discusses traditional methods of evaluating investment projects, which are most frequently used in the corporate practice. There are many deficiencies that are held against those evaluation criteria, but there are also undisputable benefits ascribed to them. This article deals with their relation to risk, with the inclusion of risk in the evaluation of economic efficiency of investment projects. (C) 2015 The Authors. Published by Elsevier B.V.
引用
收藏
页码:68 / 75
页数:8
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