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Capital Budgeting Methods Used in Some European Countries and in the United States

机译:在某些欧洲国家和美国使用的资本预算编制方法

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This paper provides a comprehensive overview of capital budgeting methods preferred by corporate managers in some European countries and in the United States. On the basis of international research findings and our empirical survey, three important observations can be made: (1) a considerable amount of European and US corporations calculate the indicator of the payback period; (2) the net present value and the internal rate of return are the two most frequently used discounted cash-flow methods; (3) companies in France and Hungary used the profitability index more often than companies in other surveyed countries.
机译:本文提供了一些欧洲国家和美国公司经理偏爱的资本预算方法的全面概述。根据国际研究结果和我们的实证调查,可以得出三个重要的观察结果:(1)相当多的欧美公司计算了投资回收期的指标; (2)净现值和内部收益率是两种最常用的现金流量折现法; (3)法国和匈牙利的公司比其他被调查国家的公司更经常使用盈利能力指数。

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