Open AccessUse of capital budgeting practices: an integrative review
Author(s) -
Paula de Souza Michelon,
Rogério João Lunkes,
Antônio Cézar Bornia
Publication year - 2021
Publication title -
enfoque
Language(s) - English
Resource type - Journals
eISSN - 1984-882X
pISSN - 1517-9087
DOI - 10.4025/enfoque.v40i3.48838
Subject(s) - capital budgeting , capital (architecture) , point (geometry) , business , selection (genetic algorithm) , knowledge management , finance , computer science , history , geometry , mathematics , archaeology , artificial intelligence , project appraisal
This article aimed to highlight the relationships between these characteristics and the use ofcapital budgeting practices. For the selection of articles published on “capital budgeting” it wasused the Proknow-C tool. It was found that the theory-practice gap is both related with the organizationaland managerial characteristics from the practical point of view, but requires a reviewby academicians. Organizations should seek professionals with experience in capital projectsappraisal and who are familiar with and knowledgeable in the use of adequate practices for decision-making. This research contributes by indicating the research gaps that need to be explored by researchers and by trying to identify the difficulties found by managers that interfere in the capital budgeting results.