Capital budgeting in investment and project appraisal / Wong Soon Heng
This article critically evaluates the relative attractions of the Net Present Value (NPV) method in capital budgeting. The author argues for the NPV method over the Internal Rate of Return (IRR) method. The implications of inflation for investment appraisal are discussed in the later part of this a...
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| Format: | Article |
| Language: | English |
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UiTM cawangan Kedah
2002
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| Online Access: | https://ir.uitm.edu.my/id/eprint/11851/ |
| _version_ | 1848803072836370432 |
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| author | Wong, Soon Heng |
| author_facet | Wong, Soon Heng |
| author_sort | Wong, Soon Heng |
| building | UiTM Institutional Repository |
| collection | Online Access |
| description | This article critically evaluates the relative attractions of the Net Present Value (NPV) method in capital budgeting. The author argues for the NPV method over the Internal Rate of Return (IRR) method. The implications of inflation for
investment appraisal are discussed in the later part of this article. The author opines that in capital budgeting, particularly for projects with a long life, the inflation factor cannot be ignored. |
| first_indexed | 2025-11-14T21:33:26Z |
| format | Article |
| id | uitm-11851 |
| institution | Universiti Teknologi MARA |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-14T21:33:26Z |
| publishDate | 2002 |
| publisher | UiTM cawangan Kedah |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | uitm-118512017-11-13T05:51:18Z https://ir.uitm.edu.my/id/eprint/11851/ Capital budgeting in investment and project appraisal / Wong Soon Heng Wong, Soon Heng Capital budget. Capital investments. Fixed capital This article critically evaluates the relative attractions of the Net Present Value (NPV) method in capital budgeting. The author argues for the NPV method over the Internal Rate of Return (IRR) method. The implications of inflation for investment appraisal are discussed in the later part of this article. The author opines that in capital budgeting, particularly for projects with a long life, the inflation factor cannot be ignored. UiTM cawangan Kedah 2002 Article PeerReviewed text en https://ir.uitm.edu.my/id/eprint/11851/1/AJ_WONG%20SOON%20HENG%20WA%2002.pdf Wong, Soon Heng (2002) Capital budgeting in investment and project appraisal / Wong Soon Heng. (2002) Wahana Akademik <https://ir.uitm.edu.my/view/publication/Wahana_Akademik.html>, 1 (1). pp. 14-20. ISSN 1675-2414 |
| spellingShingle | Capital budget. Capital investments. Fixed capital Wong, Soon Heng Capital budgeting in investment and project appraisal / Wong Soon Heng |
| title | Capital budgeting in investment and project appraisal / Wong Soon Heng |
| title_full | Capital budgeting in investment and project appraisal / Wong Soon Heng |
| title_fullStr | Capital budgeting in investment and project appraisal / Wong Soon Heng |
| title_full_unstemmed | Capital budgeting in investment and project appraisal / Wong Soon Heng |
| title_short | Capital budgeting in investment and project appraisal / Wong Soon Heng |
| title_sort | capital budgeting in investment and project appraisal / wong soon heng |
| topic | Capital budget. Capital investments. Fixed capital |
| url | https://ir.uitm.edu.my/id/eprint/11851/ |