Capital budgeting and delegation1We thank Bhagwan Chowdhry, Yaniv Grinstein, an anonymous referee, and seminar participants at Columbia, Duke, Hong Kong University of Science and Technology, Indiana, Tel Aviv, Vanderbilt, and the European Finance Association Meetings (Vienna, 1997).1
Data up to Jan 2025
Total Citations Per Year
Abstract
References (23)
Optimal contracts and competitive markets with costly state verification
1979 • 3,041 citations
Internal Capital Markets and the Competition for Corporate Resources
1997 • 1,713 citations
Managerial Incentives and Capital Management
1986 • 716 citations
Internal versus External Capital Markets
1994 • 683 citations
Asymmetric Information, Incentives and Intrafirm Resource Allocation
1982 • 488 citations
Capital Rationing and Organizational Slack in Capital Budgeting
1985 • 472 citations
The Capital Budgeting Process: Incentives and Information
1996 • 387 citations
SURVEY OF CAPITAL BUDGETING: THEORY AND PRACTICE
1970 • 371 citations
Samurai Accountant: A Theory of Auditing and Plunder
1987 • 353 citations
Executive Effort and Selection of Risky Projects
1986 • 348 citations
A Survey of Capital Budgeting Techniques Used by Major U.S. Firms
1977 • 332 citations
SURVEY AND ANALYSIS OF CAPITAL BUDGETING METHODS
1978 • 279 citations
Risk, managerial effort, and project choice
1992 • 261 citations
Capital Budgeting Practices of Twelve Large Manufacturers
1986 • 187 citations
Investment “Myopia” and the Internal Organization of Capital Allocation Decisions
1990 • 128 citations
A SURVEY OF MULTINATIONAL CAPITAL BUDGETING
1984 • 110 citations
The Capital Budgeting Process: Incentives and Information
1996 • 101 citations
Resource Rationing and Organizational Slack in a Two-Period Model
1990 • 96 citations
Dynamic Economic Analysis
1987 • 85 citations
CAPITAL BUDGETING PRACTICES IN LARGE AMERICAN FIRMS: A RETROSPECTIVE ANALYSIS AND SYNTHESIS
1984 • 81 citations
Survey of Capital Budgeting: Theory and Practice
1970 • 74 citations
Survey and Analysis of Capital Budgeting Methods
1978 • 74 citations
ALLOCATING CAPITAL AMONG A FIRM'S DIVISIONS: HURDLE RATES VS. BUDGETS
1987 • 50 citations