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Investment Management Bibliography
(Investment Management Main)

Abdel-Kader, M. G. and D. Dugdale. 1998. Investment in advanced manufacturing technology: A study of practice in large U.K. companies. Management Accounting Research (September): 261-284. 

Accola, W. L. 1994. Assessing risk and uncertainty in new technology investments. Accounting Horizons (September): 19-35.

Ackerman, R. W. 1970. Influence of integration and diversity on the investment process. Administrative Science Quarterly 15(3): 341-351. (JSTOR link). 

Adamany, H. G. and F. A. J. Gonsalves. 1994. Life cycle management: An integrated approach to managing investments, Journal of Cost Management (Summer): 35-48. (Summary).

Angelica, R. et al. 1985. Asset mix is the key to investment strategy. FE: The Magazine for Financial Executives (September): 38-42.

Amram, M. 2002. Value Sweep: Mapping Corporate Growth Opportunities. Harvard Business School Press.

Arnold, J. H. 1986. Assessing capital risk: You can't be too conservative. Harvard Business Review (September-October): 113-121.

Azzone, G. and U. Bertele. 1991. Planning and controlling investments in computer-based automation. Journal of Cost Management (Summer): 28-36.

Bader, A. H. 1986. Alternate risk financing. Journal of Accountancy (September): 150, 152, 154, 156.

Bajaj, A., W. E. Bradley and K. S. Cravens. 2008. SAAS: Integrating systems analysis with accounting and strategy for ex ante evaluation of IS investments. Journal of Information Systems (Spring): 97-124.

Baker, G. P. 1993. Growth, corporate policies, and the investment opportunity set. Journal of Accounting and Economics (January-July): 161-165.

Baldenius, T. 2003. Delegated investment decisions and private benefits of control. The Accounting Review (October): 909-930. (JSTOR link).

Bayou, M. E. and T. Jeffries. 2006. Analyzing the investment decision in modular manufacturing systems within a critical-thinking framework. Advances in Management Accounting (15): 81-101.

Bennett, R. E. and J. A. Hendricks. 1987. Justifying the acquisition of automated equipment. Management Accounting (July): 39-46. (Discussion of justifying CAD, CAM and FMS systems).

Bensaou, M. and M. Earl. 1998. The right mind-set for managing information technology. Harvard Business Review (September-October): 119-128. (Summary).

Berliner, C., and J. A. Brimson, eds. 1988. Cost Management for Today's Advanced Manufacturing: The CAM-I Conceptual Design. Boston: Harvard Business School Press. (Summary).

Bhimani, A., M. Gosselin, K. Soonawalla and M. Ncube. 2007. The value of accounting information in assessing investment risk. Cost Management (January/February): 29-35.

Bhimani, A., M. Ncube and K. Soonawalla. 2006. Intuition and real options-based investment appraisal: A cross-national study of financial executives. Journal of Applied Management Accounting Research (Summer): 11-34.

Bierman, J. D, and H. Bierman Jr. 1993. Accounting for replacement investments. Journal of Management Accounting Research (5): 56-60.

Blank, L. L. 1987. Total return requirement for technology investments. Journal of Cost Management (Fall): 46-48.

Blank, L. L. 1988. Project selection and the varying level of cost/benefit information. Journal of Cost Management (Fall): 51-57.

Block, R. and W. P. Lloyd. 1982. Communicating the investment risk/return tradeoff. Journal of the Institute of Certified Financial Planners (Spring): 5-18. 

Bromwich, M. and A. Bhimani. 1991. Strategic investment appraisal. Management Accounting (March): 45-48.

Carlson, N. F. 1999. Angels of Silicon Valley. Strategic Finance (October): 30-34. (Venture capital investments).

Carr, C. and C. Tomkins. 1996. Strategic investment decisions: The importance of SCM. A comparative analysis of 51 case studies in U.K., U.S. and German companies. Management Accounting Research (June): 199-217.

Chakravarty, A. K. and A. Shtub. 1985. New technology investments in multistage production systems. Decision Sciences (Summer): 248-264.

Chen, P. F. and G. Zhang. 2003. Heterogeneous investment opportunities in multiple-segment firms and the incremental value relevance of segment accounting data. The Accounting Review (April): 397-428. (JSTOR link).

Cherry, K. 1993. Why aren't more investments profitable? Journal of Cost Management (Summer):  28-37. (Summary).

Christensen, C. M., S. P. Kaufman and W. C. Shih. 2008. Innovation killers: How financial tools destroy your capacity to do new things. Harvard Business Review (January): 98-105. (Discounted cash flow, the treatment of fixed and sunk costs, and over emphasis on earning per share).

Church, B. K., D. Nagao, and K. Surysekar. 1999. Continued support for poorly performing capital projects: A multi-period experimental study. Advances in Management Accounting (8): 27-43.

Clem, A. M. and C. G. Jeffrey. 2001. Is it time for a new accounting of R&D costs? Strategic Finance (August): 50-55.

Cole, R. C. Jr. and H. L. Hales. 1992. How Monsanto justified automation. Management Accounting (January): 39-43.

Cooper, J. C. and F. H. Selto. 1991. An experimental examination of the effects of SFAS No. 2 on R&D investment decisions. Accounting, Organizations and Society 16(3): 227-242.

Copeland, T. 2001. The real-options approach to capital allocation. Strategic Finance (October): 33-37. ("Real-options analysis considers what NPV doesn't and can't: the value of flexibility." The value of a real option is influenced by six variables: The value of the underlying project, the exercise price/investment cost, the volatility of the underlying project's value, the time to maturity, the risk-free interest rate, and dividends).

Dann, L. Y. 1993. Highly leveraged transactions and managerial discretion over investment policy: An overview. Journal of Accounting and Economics (January-July): 237-240.

Diallo, A., Z. U. Khan and C. F. Vail. 1994. Measuring the cost of investment in quality equipment. Management Accounting (August): 32-35.

Duranko, N. S. 1995. How a nonprofit developed investment guidelines. Management Accounting (October): 38-42.

Dussault, T. L. 2004. Price Trends and Investment Probabilities. South-Western Educational Publishing.

Engwall, R. L. 1987. Managing Investments strategically. Journal of Cost Management (Fall): 56-58.

Engwall, R. L. 1988. Designing the optimal investment strategy. Journal of Cost Management (Winter): 56-60.

Engwall, R. L. 1988. Investment evaluation methodologies. Journal of Cost Management (Spring): 40-44. (Summary).

Engwall, R. L. 1988. Cost/benefit analysis. Journal of Cost Management (Fall): 64-70. (Summary).

Engwall, R. L. 1989. Investment justification issues. Journal of Cost Management (Spring): 50-53. (Summary).

Engwall, R. L. 1989. Need for change. Journal of Cost Management (Summer): 51-54.

Engwall, R. L. 1989. CIM/JIT investment justification. Journal of Cost Management (Fall): 35-39.

Engwall, R. L. 1990. Planning is critical to investment justification. Journal of Cost Management (Summer): 60-64.

Gallagher, D. R. and K. M. Martin. 2005. Size and investment performance: A research note. Abacus 41(1): 55-65.

Gaver, J. J. and K. M. Gaver. 1993. Additional evidence on the association between the investment opportunity set and corporate financing, dividend, and compensation policies. Journal of Accounting and Economics (January-July): 125-160.

Ghosh, D. 1995. Throwing good money after bad. Management Accounting (July): 51-54. (How to avoid the escalation phenomenon or pouring money into losing projects).

Gold, B. 1976. The shaky foundations of capital budgeting. California Management Review (Winter): 51-60. (Summary).

Goodman, E. A. 2003. Before you invest in venture capital. Strategic Finance (December): 20-23.

Gordon, L. A. and K. J. Smith. 1992. Postauditing capital expenditures and firm performance: The role of asymmetric information. Accounting, Organizations and Society 17(8): 741-757.

Hayes, R. H. and W. J. Abernathy. 1980. Managing our way to economic decline. Harvard Business Review (July-August): 67-77.

Hayes, R. H. and W. J. Abernathy. 2007. Managing our way to economic decline. Harvard Business Review (July-August): 138-149. (This is a reprint of their 1980 article with a retrospect by Hayes on page 141). (Summary).

Heard, E. 1996. Investment justification: The cost justification charade. Journal of Cost Management (Summer): 60-65. (Summary).

Ho, S. M. and L. Yang. 2001. Risk perception and handling in capital investment: An empirical study of senior executives in Hong Kong. Advances in Management Accounting (10): 251-271.

Howell, R. A. and S. R. Soucy. 1987. Capital investment in the new manufacturing environment. Management Accounting (November): 26-32. (Summary).

Howell, R. A. and W. A. Schwartz. 1996. Asset deployment and investment justification. Chapter D4. Handbook of Cost Management. Warren, Gorham & Lamont: D4-1-D4-32.

Hughes, S. B., C. B. Caldwell and K. A. Pauson Gjerde. 2006. Promoting investments in intangible organizational assets through aligned incentive compensation plans. Management Accounting Quarterly (Summer): 1-8.

Ismail , T. H. and M. Cline. 2005. Investment appraisal under conditions of continuous and discrete cash flows and discounting. Managerial Auditing Journal 20(1): 30-35. (SSRN link).

Kalagnanam, S. and S. K. Schmidt. 1996. Analyzing capital investments in new products. Management Accounting (January): 31-36.

King, A. M. 1992. Let's make America competitive. Management Accounting (May): 24-27. (Related to high-tech investments).

Kite, D. 1995. Capital budgeting: Integrating environmental impact. Journal of Cost Management (Summer): 11-14. (Summary).

Klammer, T. 1993. Improving investment decisions. Management Accounting (July): 35-36, 41-43.

Klammer, T. 1993. Managing Strategic and Capital Investment Decisions. Burr ridge, IL Irwin & IMA.

Kupper, H. 2009. Investment-based cost accounting as a fundamental basis of decision-oriented management accounting. Abacus 45(2): 249-274.

Larcker, D. F. 1983. The association between performance plan adoption and corporate capital investment. Journal of Accounting and Economics (5): 3-30.

Lev, B. 2004. Sharpening the intangibles edge. Harvard Business Review (June): 109-116. (Summary).

Lin, G. C. I. and S. V. Nagalingam. 2000. CIM Justification and Optimisation. CRC Press. 

Lowenstein, R. 2001. When Genius Failed: The Rise and Fall of Long-Term Capital Management. Random House.

Lum, L. 2003. Personal Investing: An Interactive Approach with Access Certificate. South-Western Educational Publishing.

Lyons, B., A. Gumbus and D. E. Bellhouse. 2003. Aligning capital investment decisions with the balanced scorecard. Journal of Cost Management (March/April): 34-38. (Summary).

Martin, J. R. 1994. A controversial issues approach to enhance management accounting education. Journal of Accounting Education (Winter): 59-75. (Summary).

Mecimore, C. D. 1987. Investment justification: State of the art. Journal of Cost Management (Summer): 65-67.

Meredith, J. 1988. New justification approaches for CIM. Journal of Cost Management (Winter): 15-20.

Miller, P. 1991. Accounting innovation beyond the enterprise: Problematizing investment decisions and programming economic growth in the U. K. in the 1960s. Accounting, Organizations and Society 16(8): 733-762.

Mouck, T. 2000. Beyond Panglossian theory: Strategic capital investing in a complex adaptive world. Accounting, Organizations and Society 25(3): 261-283.

Noble, J. L. 1990. A new approach for justifying computer integrated manufacturing. Journal of Cost Management (Winter): 14-19.

Parker, J. N. 1995. Profits and ethics in environmental investments. Management Accounting (October): 52-53.

Primrose, P. L. 1992. Is anything really wrong with cost management? Journal of Cost Management (Spring): 48-57. (Summary).

Primrose, P. L., and R. Leonard. 1987. Performing investment appraisals for advanced manufacturing technology. Journal of Cost Management (Summer): 34-42.

Primrose, P.L. 1988. The effect of AMT investment on costing systems. Journal of Cost Management (Summer): 27-30.

Rappaport, A. and M. J. Mauboussin. 2001. Expectations Investing: Reading Stock Prices for Better Returns. Harvard Business School Press.

Reichelstein, S. 1997. Investment decisions and managerial performance evaluation. Review of Accounting Studies 2(2): 157-180.

Reilly, F. K. and K. C. Brown. 2003. Investment Analysis and Portfolio Management, 7th. South-Western Educational Publishing.

Rose, J. M., A. M. Rose and C. S. Norman. 2004. The evaluation of risky information technology investment decisions. Journal of Information Systems (Spring): 53-66.

Sayre, T. L., F. W. Rankin and N. L. Fargher. 1998. The effects of promotion incentives on delegated investment decisions: A note. Journal of Management Accounting Research (10): 313-324.

Schwan, E. S. and W. A. Remaley. 1991. Marginal return on invested capital versus internal rate of return. Journal of Cost Management (Summer): 55-58.

Shank, J. K. 1996. Analysing technology investments - From NPV to strategic cost management (SCM): Management Accounting Research (June): 185-197.

Shank, J. K. and D. Peterson. 2005. Strategic cost analysis for capital spending decisions. Cost Management (July/August): 14-20.

Shields M. D. and S. M. Young. 1991. Managing product life cycle costs: An organizational model. Journal of Cost Management (Fall): 39-51. (Summary).

Sinason, D. H. 1991. A dynamic model for present value capital expenditure analysis. Journal of Cost Management (Spring): 40-45. (Summary).

Slagmulder, R. 1997. Using management control systems to achieve alignment between strategic investment decisions and strategy. Management Accounting Research (March): 103-139.

Smith, K. 1993. Investment monitoring systems, abandonment of capital assets, and firm performance. Journal of Management Accounting Research (5): 281-299.

Smith, L. W. 1961. Cash management for control of investment. N.A.A. Bulletin (May): 5-12.

Storm, D. J. and S. J. Sullivan. 1989. CIM investment justification: The "fresh start" approach. Journal of Cost Management (Spring): 4-13.

Van Cauwenbergh, A., E. Durinck, R. Martens, E. Laveren and I. Bogaert. 1996. On the role and function of formal analysis in strategic investment decision processes: Results from an empirical study in Belgium. Management Accounting Research (June): 169-184.

Vandell, R. F. And P. J. Stonich. 1973. Capital budgeting: Theory or results? Financial Executive. (August). Reprinted in Readings in Cost Accounting Budgeting and Control. 1978. Edited by W. E. Thomas: 236-247.

Vitale, M. R. and S. C. Mavrinac. 1995. How effective is your performance measurement system? If any of seven warning signs exist, redesign your system. Management Accounting (August): 43-47. (These authors discuss how the lack of adequate performance measurement systems are tied to the lack of key strategic investments.)

Watson, R. H. 1952. Investment questions which involve the method of distributing partnership profits. The Accounting Review (January): 136-137. (JSTOR link).

Wiedemer, J. P. and J. E. Goeters. 2003. Real Estate Investment, 6e. South-Western Educational Publishing.

Zeller, T. L. and B. B. Stanko. 2005. How risky are your capital expenditures? Strategic Finance (February): 42-49.

 

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