The Impact of Uncertainty on Capital Budgeting Practices

An Empirical Analysis of the Interrelationships between Uncertainty, Other Contingency Factors, Capital Budgeting Practices and Performance
Verbeeten, F.
Pages: 225 pages
Shipping Weight: 510 gram
Published: 07-2001
Publisher: WLP
Language: US
ISBN (softcover) : 9789058500144

Product Description

The purpose of this study is to develop a better understanding of how uncertainty (separately or in combination with other contingency factors) affects the design and use of (specific) elements of the management accounting system, i.e. capital budgeting practices.

A theoretical framework has been developed to examine the relationships between uncertainty, other contingencies, capital budgeting practices and performance. The findings support the theory that there are relationships between uncertainty, other contingency factors and capital budgeting practices; however, an “appropriate match” between these variables does not necessarily result in a higher performance.

Frank Verbeeten (1969) graduated in Business Economics (Tilburg University; 1993) and Business Administration (University of South Carolina; 1993). Since 1994, he is working as a Finance & Control consultant at Deloitte & Touche. His research is conducted at Tilburg University.