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Why DCF capital budgeting is bad for business and why business schools should stop teaching it

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  • Ralph Adler

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  • Ralph Adler, 2006. "Why DCF capital budgeting is bad for business and why business schools should stop teaching it," Accounting Education, Taylor & Francis Journals, vol. 15(1), pages 3-10.
    • Handle: RePEc:taf:accted:v:15:y:2006:i:1:p:3-10
    DOI: 10.1080/06939280500452843
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    References listed on IDEAS

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    1. Adler, Ralph W., 2000. "Strategic investment decision appraisal techniques: The old and the new," Business Horizons, Elsevier, vol. 43(6), pages 15-22.
    2. Ramasesh, RV & Jayakumar, MD, 1993. "Economic justification of advanced manufacturing technology," Omega, Elsevier, vol. 21(3), pages 289-306, May.
    3. Black, Fischer & Scholes, Myron S, 1973. "The Pricing of Options and Corporate Liabilities," Journal of Political Economy, University of Chicago Press, vol. 81(3), pages 637-654, May-June.
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    Cited by:

    1. Olbrich Michael & Quill Tobias & J. Rapp David, 2015. "Business Valuation Inspired by the Austrian School," Journal of Business Valuation and Economic Loss Analysis, De Gruyter, vol. 10(1), pages 1-43, January.
    2. Giang Truong & Graham Partington & Maurice Peat, 2008. "Cost-of-Capital Estimation and Capital-Budgeting Practice in Australia," Australian Journal of Management, Australian School of Business, vol. 33(1), pages 95-121, June.
    3. Ralph Adler, 2006. "A rejoinder to commentaries on “Why DCF capital budgeting is bad for business and why business schools should stop teaching it”," Accounting Education, Taylor & Francis Journals, vol. 15(1), pages 35-39.
    4. Sidney Weil & Peter Oyelere, 2006. "A commentary on “Why DCF capital budgeting is bad for business and why business schools should stop teaching it”," Accounting Education, Taylor & Francis Journals, vol. 15(1), pages 25-28.
    5. Apostolou, Barbara & Hassell, John M. & Rebele, James E. & Watson, Stephanie F., 2010. "Accounting education literature review (2006–2009)," Journal of Accounting Education, Elsevier, vol. 28(3), pages 145-197.
    6. Catriona Paisey, 2006. "A commentary on “Why DCF capital budgeting is bad for business and why business schools should stop teaching it”," Accounting Education, Taylor & Francis Journals, vol. 15(1), pages 17-20.

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