The importance of investment decision in enterprise management
AbstractThe management of a company must fulfill at least two essential conditions in order to achieve the goal of maximizing the market value of the company: efficiently using the existent resources and the opportunity of increasing or decreasing the capital stock. The second condition implies a complex decision called the investment process or the programming of the investment or the financing of the capital. Any of these terms refer to the process of the expenses programming whose effects are estimated to be obtained in a period longer that a year.
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Bibliographic InfoArticle provided by Faculty of Management, Academy of Economic Studies, Bucharest, Romania in its journal Economia. Seria Management.
Volume (Year): 12 (2009)
Issue (Month): 1 Special (July)
decision; investment; strategy; profitability; risk;
Find related papers by JEL classification:
- D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty
- D92 - Microeconomics - - Intertemporal Choice - - - Intertemporal Firm Choice, Investment, Capacity, and Financing
- G11 - Financial Economics - - General Financial Markets - - - Portfolio Choice; Investment Decisions
- G31 - Financial Economics - - Corporate Finance and Governance - - - Capital Budgeting; Fixed Investment and Inventory Studies
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