Title page for ETD etd-11152013-040508

Type of Document Master's Thesis
Author Bush, Robert
URN etd-11152013-040508
Title An analysis of the capital budgeting sophistication of primary forest products firms in the Eastern United States
Degree Master of Science
Department Accounting and Information Systems
Advisory Committee
Advisor Name Title
Steve A. Sinclair Committee Chair
Gregory J. Buhyoff Committee Member
Robert M. Shaffer Committee Member
  • Budget in business
Date of Defense 1986-07-05
Availability restricted

The investment decision-making techniques, financing methods and equipment needs of 1,818 sawmills and pallet manufacturers in the Eastern United States were studied. Information was gathered using a mail survey and 581 usable responses were received.

It was found that discounted cash flow techniques have not been extensively adopted by the firms under study as primary methods of investment analysis. Undiscounted payback period was the most extensively used quantitative method. The majority of firms compared the expected return on an investment to a minimum rate of return but this minimum was often determined non-quantitatively. Firms most often accounted for the risk of an investment by subjective means.

  Filename       Size       Approximate Download Time (Hours:Minutes:Seconds) 
 28.8 Modem   56K Modem   ISDN (64 Kb)   ISDN (128 Kb)   Higher-speed Access 
[VT] LD5655.V855_1986.B985.pdf 3.45 Mb 00:15:59 00:08:13 00:07:11 00:03:35 00:00:18
[BTD] next to an author's name indicates that all files or directories associated with their ETD are accessible from the Virginia Tech campus network only.

Browse All Available ETDs by ( Author | Department )

dla home
etds imagebase journals news ereserve special collections
virgnia tech home contact dla university libraries

If you have questions or technical problems, please Contact DLA.