Skip to main content
  • Book
  • © 2015

Investment Appraisal

Methods and Models

  • Provides a thorough insight into the different investment appraisal methods, their uses, assumptions and limitations
  • Each approach is thoroughly described, evaluated, and illustrated using examples and exercises with solutions
  • Written for students of management science and business administration as well as for professionals in the field
  • Includes supplementary material: sn.pub/extras

Part of the book series: Springer Texts in Business and Economics (STBE)

Buy it now

Buying options

eBook USD 84.99
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Hardcover Book USD 109.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Other ways to access

This is a preview of subscription content, log in via an institution to check for access.

Table of contents (9 chapters)

  1. Front Matter

    Pages i-xv
  2. Introduction

    1. Front Matter

      Pages 1-1
    2. Capital Budgeting and Investment Decisions

      • Uwe Götze, Deryl Northcott, Peter Schuster
      Pages 3-26
  3. Basic Methods of Investment Appraisal

    1. Front Matter

      Pages 27-27
    2. Static Methods

      • Uwe Götze, Deryl Northcott, Peter Schuster
      Pages 29-46
    3. Discounted Cash Flow Methods

      • Uwe Götze, Deryl Northcott, Peter Schuster
      Pages 47-83
  4. Advanced Methods and Applications of Investment Appraisal

    1. Front Matter

      Pages 85-85
    2. Compounded Cash Flow Methods

      • Uwe Götze, Deryl Northcott, Peter Schuster
      Pages 87-104
    3. Selected Further Applications of Investment Appraisal Methods

      • Uwe Götze, Deryl Northcott, Peter Schuster
      Pages 105-159
  5. Multi-Criteria Methods and Simultaneous Decision-Making

    1. Front Matter

      Pages 161-161
    2. Multi-criteria Methods

      • Uwe Götze, Deryl Northcott, Peter Schuster
      Pages 163-208
    3. Simultaneous Decision-Making Models

      • Uwe Götze, Deryl Northcott, Peter Schuster
      Pages 209-243
  6. Methods and Models that Incorporate Uncertainty

    1. Front Matter

      Pages 245-245
    2. Methods and Models for Appraising Investment Projects Under Uncertainty

      • Uwe Götze, Deryl Northcott, Peter Schuster
      Pages 247-298
    3. Analysing Investment Programmes Under Uncertainty

      • Uwe Götze, Deryl Northcott, Peter Schuster
      Pages 299-321
  7. Back Matter

    Pages 323-366

About this book

This book provides an introduction to investment appraisal and presents a range of methods and models, some of which are not widely known, or at least not well covered by other textbooks. Each approach is thoroughly described, evaluated and illustrated using examples, with its assumptions and limitations analyzed in terms of their implications for investment decision-making practice. Investment decisions are of vital importance to all companies. Getting these decisions right is crucial but, due to a complex and dynamic business environment, this remains a challenging management task. Effective appraisal methods are valuable tools in supporting investment decision-making. As organisations continue to seek a competitive edge, it is increasingly important that management accountants and strategic decision-makers have a sound knowledge of these tools.

Authors and Affiliations

  • Faculty of Economics and Business Administration, Technische Universität Chemnitz, Chemnitz, Germany

    Uwe Götze

  • Faculty of Business, The Auckland University of Technology, Auckland, New Zealand

    Deryl Northcott

  • Faculty of Business and Economics, Schmalkalden University of Applied Sciences, Schmalkalden, Germany

    Peter Schuster

Bibliographic Information

  • Book Title: Investment Appraisal

  • Book Subtitle: Methods and Models

  • Authors: Uwe Götze, Deryl Northcott, Peter Schuster

  • Series Title: Springer Texts in Business and Economics

  • DOI: https://doi.org/10.1007/978-3-662-45851-8

  • Publisher: Springer Berlin, Heidelberg

  • eBook Packages: Business and Economics, Business and Management (R0)

  • Copyright Information: Springer-Verlag Berlin Heidelberg 2015

  • Hardcover ISBN: 978-3-662-45850-1Published: 07 April 2015

  • Softcover ISBN: 978-3-662-50098-9Published: 12 October 2016

  • eBook ISBN: 978-3-662-45851-8Published: 18 March 2015

  • Series ISSN: 2192-4333

  • Series E-ISSN: 2192-4341

  • Edition Number: 2

  • Number of Pages: XV, 366

  • Number of Illustrations: 74 b/w illustrations

  • Topics: Accounting/Auditing, Finance, general, Insurance

Buy it now

Buying options

eBook USD 84.99
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Hardcover Book USD 109.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Other ways to access