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The payback method of investment appraisal: A review and synthesis

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  • Lefley, Frank

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  • Lefley, Frank, 1996. "The payback method of investment appraisal: A review and synthesis," International Journal of Production Economics, Elsevier, vol. 44(3), pages 207-224, July.
    • Handle: RePEc:eee:proeco:v:44:y:1996:i:3:p:207-224
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    1. Stanley, Marjorie T & Block, Stanley B, 1984. "A Survey of Multinational Capital Budgeting," The Financial Review, Eastern Finance Association, vol. 19(1), pages 36-54, March.
    2. Klammer, Thomas, 1972. "Empirical Evidence of the Adoption of Sophisticated Capital Budgeting Techniques," The Journal of Business, University of Chicago Press, vol. 45(3), pages 387-397, July.
    3. Schall, Lawrence D & Sundem, Gary L & Geijsbeek, William R, Jr, 1978. "Survey and Analysis of Capital Budgeting Methods," Journal of Finance, American Finance Association, vol. 33(1), pages 281-287, March.
    4. Jensen, Michael C. & Meckling, William H., 1976. "Theory of the firm: Managerial behavior, agency costs and ownership structure," Journal of Financial Economics, Elsevier, vol. 3(4), pages 305-360, October.
    5. Sundem, Gary L, 1975. "Evaluating Capital Budgeting Models in Simulated Environments," Journal of Finance, American Finance Association, vol. 30(4), pages 977-992, September.
    6. Chaney, Paul K, 1989. "Moral Hazard and Capital Budgeting," Journal of Financial Research, Southern Finance Association;Southwestern Finance Association, vol. 12(2), pages 113-128, Summer.
    7. James S. Moore & Alan K. Reichert, 1989. "A Multivariate Study of Firm Performance and the Use of Modern Analytical Tools and Financial Techniques," Interfaces, INFORMS, vol. 19(3), pages 79-87, June.
    8. Narayanan, M P, 1985. "Observability and the Payback Criterion," The Journal of Business, University of Chicago Press, vol. 58(3), pages 309-323, July.
    9. Petry, Glenn H., 1975. "Effective use of capital budgeting tools," Business Horizons, Elsevier, vol. 19(5), pages 57-65, October.
    10. Myron J. Gordon, 1955. "The Payoff Period and the Rate of Profit," The Journal of Business, University of Chicago Press, vol. 28, pages 253-253.
    11. Byrne, R. & Charnes, A. & Cooper, W. W. & Kortanek, K., 1967. "A Chance-Constrained Approach to Capital Budgeting with Portfolio Type Payback and Liquidity Constraints and Horizon Posture Controls," Journal of Financial and Quantitative Analysis, Cambridge University Press, vol. 2(4), pages 339-364, December.
    12. Sarnat, Marshall & Levy, Haim, 1969. "The Relationship of Rules of Thumb to the Internal Rate of Return: A Restatement and Generalization," Journal of Finance, American Finance Association, vol. 24(3), pages 479-490, June.
    13. Bessant, John & Haywood, Bill, 1986. "Flexibility in manufacturing systems," Omega, Elsevier, vol. 14(6), pages 465-473.
    14. Petry, Glenn H., 1975. "Effective use of capital budgeting tools," Business Horizons, Elsevier, vol. 18(5), pages 57-65, October.
    15. Runyon, L. R., 1983. "Capital expenditure decision making in small firms," Journal of Business Research, Elsevier, vol. 11(3), pages 389-397, September.
    16. Scott, David F, Jr & Petty, J William, II, 1984. "Capital Budgeting Practices in Large American Firms: A Retrospective Analysis and Synthesis," The Financial Review, Eastern Finance Association, vol. 19(1), pages 111-123, March.
    17. Remer, Donald S. & Stokdyk, Scott B. & Van Driel, Mike, 1993. "Survey of project evaluation techniques currently used in industry," International Journal of Production Economics, Elsevier, vol. 32(1), pages 103-115, August.
    18. Paul K. Chaney, 1989. "Moral Hazard And Capital Budgeting," Journal of Financial Research, Southern Finance Association;Southwestern Finance Association, vol. 12(2), pages 113-128, June.
    19. H. Martin Weingartner, 1969. "Some New Views on the Payback Period and Capital Budgeting Decisions," Management Science, INFORMS, vol. 15(12), pages 594-607, August.
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