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Selected Works of P. Geoffery Allen
Article
Do Farm Businesses And Big Businesses Apply Different Capital Budgeting Procedures?
Northeast Agricultural and Resource Economics Association (1995)
  • P Geoffrey Allen, University of Massachusetts - Amherst
  • Douglas A Cox
  • Joe L Moffitt
  • Daniel A Arthurton
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Abstract

Recent studies of capital budgeting procedures used by business executives suggest increasing use of present value methods. This study compares Massachusetts greenhouse business managers use of capital budgeting procedures to those of Fortune 1000 firms. Results indicate that different capital budgeting procedures are used and that the payback criterion remains the most popular for the farm firms studied. Some implications for Extension finance educators are drawn.

Disciplines
Publication Date
October, 1995
Citation Information
P Geoffrey Allen, Douglas A Cox, Joe L Moffitt and Daniel A Arthurton. "Do Farm Businesses And Big Businesses Apply Different Capital Budgeting Procedures?" Northeast Agricultural and Resource Economics Association Vol. 24 Iss. 2 (1995)
Available at: http://works.bepress.com/p_allen/2/