{"id":"https://openalex.org/W1999697237","doi":"https://doi.org/10.1108/eb018643","title":"Capital Budgeting Techniques Among The Fortune 500: A Rationale Approach","display_name":"Capital Budgeting Techniques Among The Fortune 500: A Rationale Approach","publication_year":1997,"publication_date":"1997-09-01","ids":{"openalex":"https://openalex.org/W1999697237","doi":"https://doi.org/10.1108/eb018643","mag":"1999697237"},"language":"en","primary_location":{"id":"doi:10.1108/eb018643","doi":"https://doi.org/10.1108/eb018643","is_oa":false,"landing_page_url":"https://doi.org/10.1108/eb018643","pdf_url":null,"source":{"id":"https://openalex.org/S184351885","display_name":"Managerial Finance","issn_l":"0307-4358","issn":["0307-4358","1758-7743"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-b","anvur-scientific","cwts-core","fnege-4","jufo-1","norway-1","poland-40","russia-white-list-3","vabb-shw"],"host_organization":"https://openalex.org/P4310319811","host_organization_name":"Emerald Publishing Limited","host_organization_lineage":["https://openalex.org/P4310319811"],"host_organization_lineage_names":["Emerald Publishing Limited"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Managerial Finance","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5004364590","display_name":"Richard Burns","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I32389192","display_name":"University of Alabama at Birmingham","ror":"https://ror.org/008s83205","country_code":"US","type":"education","lineage":["https://openalex.org/I32389192"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Richard M. Burns","raw_affiliation_strings":["Associate Professor of Finance, University of Alabama at Birmingham"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Associate Professor of Finance, University of Alabama at Birmingham","institution_ids":["https://openalex.org/I32389192"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5114249445","display_name":"Joe Walker","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I32389192","display_name":"University of Alabama at Birmingham","ror":"https://ror.org/008s83205","country_code":"US","type":"education","lineage":["https://openalex.org/I32389192"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Joe Walker","raw_affiliation_strings":["Associate Professor of Finance, University of Alabama at Birmingham"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Associate Professor of Finance, University of Alabama at Birmingham","institution_ids":["https://openalex.org/I32389192"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":[],"corresponding_institution_ids":["https://openalex.org/I32389192"],"apc_list":null,"apc_paid":null,"fwci":0.8069,"has_fulltext":false,"cited_by_count":44,"citation_normalized_percentile":{"value":0.82324136,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":88,"max":98},"biblio":{"volume":"23","issue":"9","first_page":"3","last_page":"15"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11976","display_name":"Capital Investment and Risk Analysis","score":0.9916999936103821,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T11976","display_name":"Capital Investment and Risk Analysis","score":0.9916999936103821,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12123","display_name":"Financial Analysis and Corporate Governance","score":0.0020000000949949026,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":0.0020000000949949026,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/capital-budgeting-techniques","display_name":"capital budgeting techniques","score":0.9390000104904175},{"id":"https://openalex.org/keywords/fortune-500-companies","display_name":"Fortune 500 companies","score":0.9739999771118164},{"id":"https://openalex.org/keywords/payback-period","display_name":"payback period","score":0.574999988079071},{"id":"https://openalex.org/keywords/discounted-payback-period","display_name":"discounted payback period","score":0.9959999918937683},{"id":"https://openalex.org/keywords/accounting-rate-of-return","display_name":"accounting rate of return","score":0.9559999704360962},{"id":"https://openalex.org/keywords/internal-rate-of-return","display_name":"internal rate of return","score":0.9990000128746033},{"id":"https://openalex.org/keywords/modified-internal-rate-of-return","display_name":"modified internal rate of return","score":0.9850000143051147},{"id":"https://openalex.org/keywords/profitability-index","display_name":"profitability index","score":0.9919999837875366},{"id":"https://openalex.org/keywords/net-present-value","display_name":"net present value","score":1.0},{"id":"https://openalex.org/keywords/strategic-considerations","display_name":"strategic considerations","score":0.7540000081062317}],"concepts":[{"id":"https://openalex.org/C57918260","wikidata":"https://www.wikidata.org/wiki/Q1354666","display_name":"Capital budgeting","level":3,"score":0.902092456817627},{"id":"https://openalex.org/C37917861","wikidata":"https://www.wikidata.org/wiki/Q507477","display_name":"Internal rate of return","level":3,"score":0.8371586799621582},{"id":"https://openalex.org/C171884676","wikidata":"https://www.wikidata.org/wiki/Q1755687","display_name":"Return on capital employed","level":5,"score":0.671513020992279},{"id":"https://openalex.org/C181230689","wikidata":"https://www.wikidata.org/wiki/Q192472","display_name":"Net present value","level":3,"score":0.6364932060241699},{"id":"https://openalex.org/C129361004","wikidata":"https://www.wikidata.org/wiki/Q2470236","display_name":"Profitability index","level":2,"score":0.6356574296951294},{"id":"https://openalex.org/C149520272","wikidata":"https://www.wikidata.org/wiki/Q4348850","display_name":"Modified internal rate of return","level":5,"score":0.5751005411148071},{"id":"https://openalex.org/C86637286","wikidata":"https://www.wikidata.org/wiki/Q7317264","display_name":"Rate of return","level":2,"score":0.5626031756401062},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.543430507183075},{"id":"https://openalex.org/C74734477","wikidata":"https://www.wikidata.org/wiki/Q1479274","display_name":"Cost of capital","level":3,"score":0.5138323903083801},{"id":"https://openalex.org/C144553756","wikidata":"https://www.wikidata.org/wiki/Q15081665","display_name":"Payback period","level":3,"score":0.5031113028526306},{"id":"https://openalex.org/C83646750","wikidata":"https://www.wikidata.org/wiki/Q193893","display_name":"Capital (architecture)","level":2,"score":0.4897744655609131},{"id":"https://openalex.org/C40113805","wikidata":"https://www.wikidata.org/wiki/Q245930","display_name":"Return on capital","level":5,"score":0.47062090039253235},{"id":"https://openalex.org/C2776291640","wikidata":"https://www.wikidata.org/wiki/Q2912517","display_name":"Value (mathematics)","level":2,"score":0.4324069619178772},{"id":"https://openalex.org/C6927289","wikidata":"https://www.wikidata.org/wiki/Q1100466","display_name":"Present value","level":2,"score":0.4134179651737213},{"id":"https://openalex.org/C121955636","wikidata":"https://www.wikidata.org/wiki/Q4116214","display_name":"Accounting","level":1,"score":0.38737571239471436},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.3659283220767975},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.3361290693283081},{"id":"https://openalex.org/C162118730","wikidata":"https://www.wikidata.org/wiki/Q1128453","display_name":"Actuarial science","level":1,"score":0.3276456296443939},{"id":"https://openalex.org/C169549615","wikidata":"https://www.wikidata.org/wiki/Q939134","display_name":"Return on investment","level":3,"score":0.22231507301330566},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.1819266676902771},{"id":"https://openalex.org/C26584437","wikidata":"https://www.wikidata.org/wiki/Q6060874","display_name":"Investment performance","level":4,"score":0.15565213561058044},{"id":"https://openalex.org/C44750222","wikidata":"https://www.wikidata.org/wiki/Q1897397","display_name":"Financial capital","level":3,"score":0.14602339267730713},{"id":"https://openalex.org/C21425071","wikidata":"https://www.wikidata.org/wiki/Q7249389","display_name":"Project appraisal","level":2,"score":0.14221441745758057},{"id":"https://openalex.org/C58202505","wikidata":"https://www.wikidata.org/wiki/Q5035700","display_name":"Capital formation","level":4,"score":0.14089450240135193},{"id":"https://openalex.org/C29122968","wikidata":"https://www.wikidata.org/wiki/Q1414816","display_name":"Incentive","level":2,"score":0.11300206184387207},{"id":"https://openalex.org/C2778348673","wikidata":"https://www.wikidata.org/wiki/Q739302","display_name":"Production (economics)","level":2,"score":0.10066491365432739},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.07923424243927002},{"id":"https://openalex.org/C105795698","wikidata":"https://www.wikidata.org/wiki/Q12483","display_name":"Statistics","level":1,"score":0.07694175839424133},{"id":"https://openalex.org/C181622380","wikidata":"https://www.wikidata.org/wiki/Q26911","display_name":"Profit (economics)","level":2,"score":0.0},{"id":"https://openalex.org/C166957645","wikidata":"https://www.wikidata.org/wiki/Q23498","display_name":"Archaeology","level":1,"score":0.0},{"id":"https://openalex.org/C95457728","wikidata":"https://www.wikidata.org/wiki/Q309","display_name":"History","level":0,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1108/eb018643","doi":"https://doi.org/10.1108/eb018643","is_oa":false,"landing_page_url":"https://doi.org/10.1108/eb018643","pdf_url":null,"source":{"id":"https://openalex.org/S184351885","display_name":"Managerial Finance","issn_l":"0307-4358","issn":["0307-4358","1758-7743"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-b","anvur-scientific","cwts-core","fnege-4","jufo-1","norway-1","poland-40","russia-white-list-3","vabb-shw"],"host_organization":"https://openalex.org/P4310319811","host_organization_name":"Emerald Publishing Limited","host_organization_lineage":["https://openalex.org/P4310319811"],"host_organization_lineage_names":["Emerald Publishing Limited"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Managerial Finance","raw_type":"journal-article"}],"best_oa_location":null,"sustainable_development_goals":[],"sustainable_development_goals_aurora":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":8,"referenced_works":["https://openalex.org/W602543144","https://openalex.org/W1985192960","https://openalex.org/W2005799420","https://openalex.org/W2064791110","https://openalex.org/W2074338416","https://openalex.org/W2135741665","https://openalex.org/W4231596374","https://openalex.org/W4252469617"],"related_works":["https://openalex.org/W2180341274","https://openalex.org/W2172719547","https://openalex.org/W3111021809","https://openalex.org/W1997399618","https://openalex.org/W1997129457","https://openalex.org/W2580144716","https://openalex.org/W7164695640","https://openalex.org/W6999067791","https://openalex.org/W7145177021","https://openalex.org/W578509303"],"abstract_inverted_index":{"In":[0],"response":[1],"to":[2,19,24,38,62],"a":[3,15],"call":[4],"for":[5,79],"more":[6],"research":[7],"on":[8,48],"the":[9,20,28,54,64,80],"\u201cwhy\u201d":[10],"of":[11,50,66,82,88,92,97],"capital":[12,34,70],"budgeting":[13,35],"practices,":[14],"survey":[16],"was":[17],"sent":[18],"Fortune":[21],"500":[22],"firms":[23],"(1)":[25],"look":[26],"at":[27],"detailed":[29],"reasons":[30,73],"they":[31,43],"used":[32],"particular":[33],"techniques,":[36],"(2)":[37],"determine":[39],"if":[40],"and":[41,60,74,104],"why":[42],"had":[44],"changed":[45],"their":[46,75],"emphasis":[47],"any":[49],"those":[51],"techniques":[52],"in":[53,69],"last":[55],"five":[56],"or":[57],"ten":[58],"years,":[59],"(3)":[61],"explore":[63],"importance":[65],"strategic":[67],"considerations":[68],"budgeting.":[71],"Detailed":[72],"rankings":[76],"are":[77],"given":[78],"choices":[81],"payback,":[83,85],"discounted":[84],"accounting":[86],"rate":[87,91,96],"return,":[89,93,98],"internal":[90,95],"modified":[94],"profitability":[99],"index,":[100],"net":[101],"present":[102],"value,":[103],"other":[105],"miscellaneous":[106],"techniques.":[107]},"counts_by_year":[{"year":2024,"cited_by_count":1},{"year":2023,"cited_by_count":1},{"year":2022,"cited_by_count":1},{"year":2021,"cited_by_count":2},{"year":2020,"cited_by_count":1},{"year":2018,"cited_by_count":3},{"year":2017,"cited_by_count":2},{"year":2016,"cited_by_count":2},{"year":2015,"cited_by_count":2},{"year":2014,"cited_by_count":2},{"year":2013,"cited_by_count":5},{"year":2012,"cited_by_count":5}],"updated_date":"2026-10-30T12:39:25.321706","created_date":"2016-06-24T00:00:00"}