IDEAS home Printed from https://ideas.repec.org/a/rom/econmn/v15y2012i2p346-353.html
   My bibliography  Save this article

Industry Risk: Main Factor of the Investment Decision Sustainability

Author

Listed:
  • Felicia Alina DINU

    (The Bucharest University of Economic Studies, Romania)

Abstract

Organizations are veritable decision machines, whose performance depends significantly on the management optimization methods. Today, the business environment characterized by continuous, rapidly and unpredictable changes, require complex approaches on investment decision substantiation. One of the actual decision making challenges aims the development of a sustainable organizational management. This paper analyzes the sensitivity of investments sustainability on industry risk value. The Romanian SMEs empirical study highlights significant influences of the business area risk on management decisions sustainability.

Suggested Citation

  • Felicia Alina DINU, 2012. "Industry Risk: Main Factor of the Investment Decision Sustainability," Economia. Seria Management, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 15(2), pages 346-353, December.
    • Handle: RePEc:rom:econmn:v:15:y:2012:i:2:p:346-353
    as

    Download full text from publisher

    File URL: https://www.management.ase.ro/reveconomia/2012-2/9.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Kalu, Timothy Ch. U., 1999. "Capital budgeting under uncertainty: An extended goal programming approach," International Journal of Production Economics, Elsevier, vol. 58(3), pages 235-251, January.
    2. Razvan Catalin Dobrea & Felicia Alina Dinu, 2011. "Social Responsibility: Support for the Economic Performance of Romanian SMEs," MIC 2011: Managing Sustainability? Proceedings of the 12th International Conference, Portorož, 23–26 November 2011 [Selected Papers],, University of Primorska, Faculty of Management Koper.
    3. Slagmulder, Regine & Bruggeman, Werner & van Wassenhove, Luk, 1995. "An empirical study of capital budgeting practices for strategic investments in CIM technologies," International Journal of Production Economics, Elsevier, vol. 40(2-3), pages 121-152, August.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Cicea, Claudiu & Marinescu, Corina & Popa, Ion & Dobrin, Cosmin, 2014. "Environmental efficiency of investments in renewable energy: Comparative analysis at macroeconomic level," Renewable and Sustainable Energy Reviews, Elsevier, vol. 30(C), pages 555-564.
    2. Minciu Mihaela & Berar Florin-Aurel & Dobrea Razvan Catalin, 2020. "New decision systems in the VUCA world," Management & Marketing, Sciendo, vol. 15(2), pages 236-254, June.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Magni, Carlo Alberto, 2016. "Capital depreciation and the underdetermination of rate of return: A unifying perspective," Journal of Mathematical Economics, Elsevier, vol. 67(C), pages 54-79.
    2. Cuthbert, James R. & Magni, Carlo Alberto, 2016. "Measuring the inadequacy of IRR in PFI schemes using profitability index and AIRR," International Journal of Production Economics, Elsevier, vol. 179(C), pages 130-140.
    3. Ewing, Bradley T. & Thompson, Mark A., 2016. "The role of reserves and production in the market capitalization of oil and gas companies," Energy Policy, Elsevier, vol. 98(C), pages 576-581.
    4. Apergis, Nicholas & Ewing, Bradley T. & Payne, James E., 2021. "The asymmetric relationship of oil prices and production on drilling rig trajectory," Resources Policy, Elsevier, vol. 71(C).
    5. Fadi Alkaraan & Deryl Northcott, 2007. "Strategic investment decision making: the influence of pre‐decision control mechanisms," Qualitative Research in Accounting & Management, Emerald Group Publishing Limited, vol. 4(2), pages 133-150, June.
    6. Arena, Marika & Arnaboldi, Michela & Azzone, Giovanni, 2010. "The organizational dynamics of Enterprise Risk Management," Accounting, Organizations and Society, Elsevier, vol. 35(7), pages 659-675, October.
    7. Dewi Sri Sejati & Budi Eko Soetjipto & Wening Patmi Rahayu, 2017. "Implementation of Corporate Social Responsibility Program for Education in Government Banking of Malang," International Journal of Academic Research in Business and Social Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Business and Social Sciences, vol. 7(6), pages 39-51, June.
    8. Carlo Alberto Magni, 2015. "ROI and profitability index: A note on managerial performance," Department of Economics 0048, University of Modena and Reggio E., Faculty of Economics "Marco Biagi".
    9. Huikku, Jari & Karjalainen, Jouko & Seppälä, Tomi, 2018. "The dynamism of pre-decision controls in the appraisal of strategic investments," The British Accounting Review, Elsevier, vol. 50(5), pages 516-538.
    10. Magni, Carlo Alberto, 2015. "Aggregate Return On Investment for investments under uncertainty," International Journal of Production Economics, Elsevier, vol. 165(C), pages 29-37.
    11. Verbeeten, F., 2001. "The Impact of Uncertainty on Capital Budgeting Pratices : An Empirical Analysis of the Interrelationships between Uncertainty, Other Contingency Factors, Capital Budgeting Practices and Performance," Other publications TiSEM 9e7b76a4-0578-4753-ad05-1, Tilburg University, School of Economics and Management.
    12. Alkaraan, Fadi & Northcott, Deryl, 2006. "Strategic capital investment decision-making: A role for emergent analysis tools?," The British Accounting Review, Elsevier, vol. 38(2), pages 149-173.
    13. Bo Karlsson & Monika Kurkkio & Anders Hersinger, 2019. "The role of the controller in strategic capital investment projects: bridging the gap of multiple topoi," Journal of Management & Governance, Springer;Accademia Italiana di Economia Aziendale (AIDEA), vol. 23(3), pages 813-838, September.
    14. Belaid Aouni & Sheila McGillis & Mustafa Elkasih Abdulkarim, 2017. "Goal programming model for management accounting and auditing: a new typology," Annals of Operations Research, Springer, vol. 251(1), pages 41-54, April.
    15. Pastor, Daniel J. & Ewing, Bradley T., 2022. "Exploding DUCs? Identifying periods of mild explosivity in the time series behavior of drilled but uncompleted wells," Energy, Elsevier, vol. 254(PB).
    16. Robert Stretcher & Mary Funck & Steve Johnson, 2017. "Capital investment and non-constant marginal cost of capital," Journal of Economics and Finance, Springer;Academy of Economics and Finance, vol. 41(1), pages 27-50, January.
    17. Andrey Malenko, 2011. "Optimal Design of Internal Capital Markets," 2011 Meeting Papers 442, Society for Economic Dynamics.
    18. Fox, Stephen, 2008. "Evaluating potential investments in new technologies: Balancing assessments of potential benefits with assessments of potential disbenefits, reliability and utilization," CRITICAL PERSPECTIVES ON ACCOUNTING, Elsevier, vol. 19(8), pages 1197-1218.

    More about this item

    Keywords

    industry risk; investment; model; sustainability; SMEs.;
    All these keywords.

    JEL classification:

    • M14 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Corporate Culture; Diversity; Social Responsibility
    • C12 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Hypothesis Testing: General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:rom:econmn:v:15:y:2012:i:2:p:346-353. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Ciocoiu Nadia Carmen (email available below). General contact details of provider: https://edirc.repec.org/data/mnasero.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.