2006Accounting EducationRequires access

Teaching capital budgeting as multi-attribute decision-making. A commentary on “Why DCF capital budgeting is bad for business and why business schools should stop teaching it”

Marc Wouters

Open publisher page 7 citations

Abstract

Adler (2006) discusses a major problem with the use of discounted cash flow (DCF) for capital investment decision making and argues that, for this reason, DCF should not be taught at business schoo...

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Adler (2006) discusses a major problem with the use of discounted cash flow (DCF) for capital investment decision making and argues that, for this reason, DCF should not be taught at business schoo...

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OpenAlex reports 7 citations for this work. Citation counts describe recorded attention and do not establish research quality.

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Available abstract

Adler (2006) discusses a major problem with the use of discounted cash flow (DCF) for capital investment decision making and argues that, for this reason, DCF should not be taught at business schoo...

Key concepts: Discounted cash flow, Capital budgeting, Cash flow, Capital investment, Investment (military), Capital (architecture), Economics, Finance

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Teaching capital budgeting as multi-attribute decision-making. A commentary on “Why DCF capital budgeting is bad for business and why business schools should stop teaching it” — Research Paper | ScholarLens