메뉴 건너뛰기




Volumn 21, Issue 3, 2010, Pages 167-184

Strategic investment decision making practices: A contextual approach

Author keywords

Contingency approach; Strategic investment decisions; Strategic management accounting; Telecommunications; Vehicle components

Indexed keywords


EID: 77955416256     PISSN: 10445005     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.mar.2010.03.004     Document Type: Article
Times cited : (68)

References (74)
  • 1
    • 0032162272 scopus 로고    scopus 로고
    • Investment in advanced manufacturing technology: a study of practice in large U.K. companies
    • Abdel-Kader M.G., Dugdale D. Investment in advanced manufacturing technology: a study of practice in large U.K. companies. Management Accounting Research 1998, 9(3):261-284.
    • (1998) Management Accounting Research , vol.9 , Issue.3 , pp. 261-284
    • Abdel-Kader, M.G.1    Dugdale, D.2
  • 2
    • 33745029011 scopus 로고    scopus 로고
    • Strategic capital investment decision-making: a role for emergent analysis tools? A study of practice in large UK manufacturing companies
    • Alkaraan F., Northcott D. Strategic capital investment decision-making: a role for emergent analysis tools? A study of practice in large UK manufacturing companies. British Accounting Review 2006, 38(2):149-173.
    • (2006) British Accounting Review , vol.38 , Issue.2 , pp. 149-173
    • Alkaraan, F.1    Northcott, D.2
  • 4
    • 0003247830 scopus 로고    scopus 로고
    • The theory-practice gap in capital budgeting: evidence from the United Kingdom
    • Arnold G.C., Hatzopoulos P.D. The theory-practice gap in capital budgeting: evidence from the United Kingdom. Journal of Business Finance & Accounting 2000, 27(5-6):603-626.
    • (2000) Journal of Business Finance & Accounting , vol.27 , Issue.5-6 , pp. 603-626
    • Arnold, G.C.1    Hatzopoulos, P.D.2
  • 8
    • 84950629983 scopus 로고
    • Strategic marketing concepts and models
    • Brownlie D. Strategic marketing concepts and models. Journal of Marketing Management 1985, 1(2):157-194.
    • (1985) Journal of Marketing Management , vol.1 , Issue.2 , pp. 157-194
    • Brownlie, D.1
  • 9
    • 84980304675 scopus 로고
    • Strategic investment decision-making: complexities, politics and processes
    • Butler R., Davies L., Pike R., Sharp J. Strategic investment decision-making: complexities, politics and processes. Journal of Management Studies 1991, 28(4):395-415.
    • (1991) Journal of Management Studies , vol.28 , Issue.4 , pp. 395-415
    • Butler, R.1    Davies, L.2    Pike, R.3    Sharp, J.4
  • 11
    • 53949117588 scopus 로고    scopus 로고
    • An exploratory investigation of an integrated contingency model of strategic management accounting
    • Cadez S., Guilding C. An exploratory investigation of an integrated contingency model of strategic management accounting. Accounting, Organizations and Society 2008, 33(7-8):836-863.
    • (2008) Accounting, Organizations and Society , vol.33 , Issue.7-8 , pp. 836-863
    • Cadez, S.1    Guilding, C.2
  • 12
    • 24144476598 scopus 로고    scopus 로고
    • Are German, Japanese and Anglo-Saxon strategic styles still divergent in the context of globalization?
    • Carr C.H. Are German, Japanese and Anglo-Saxon strategic styles still divergent in the context of globalization?. Journal of Management Studies 2005, 42(6):1155-1188.
    • (2005) Journal of Management Studies , vol.42 , Issue.6 , pp. 1155-1188
    • Carr, C.H.1
  • 13
    • 33750990722 scopus 로고    scopus 로고
    • The impact of diverse national values on strategic investment decisions in the context of globalization
    • Carr C., Harris S. The impact of diverse national values on strategic investment decisions in the context of globalization. International Journal of Cross Cultural Management 2004, 4(1):77-99.
    • (2004) International Journal of Cross Cultural Management , vol.4 , Issue.1 , pp. 77-99
    • Carr, C.1    Harris, S.2
  • 14
    • 0030163199 scopus 로고    scopus 로고
    • Strategic investment decisions: the importance of SCM. A comparative analysis of 51 case studies in U.K., U.S. and German companies
    • Carr C., Tomkins C. 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 1996, 7(2):199-217.
    • (1996) Management Accounting Research , vol.7 , Issue.2 , pp. 199-217
    • Carr, C.1    Tomkins, C.2
  • 15
    • 0032089311 scopus 로고    scopus 로고
    • Context, culture and the role of the finance function in strategic decisions. A comparative analysis of Britain, Germany, the U.S.A. and Japan
    • Carr C., Tomkins C. Context, culture and the role of the finance function in strategic decisions. A comparative analysis of Britain, Germany, the U.S.A. and Japan. Management Accounting Research 1998, 9(2):213-239.
    • (1998) Management Accounting Research , vol.9 , Issue.2 , pp. 213-239
    • Carr, C.1    Tomkins, C.2
  • 17
    • 0029632033 scopus 로고
    • An empirical examination of capital budgeting techniques: impact of investment types and firm characteristics
    • Chen S. An empirical examination of capital budgeting techniques: impact of investment types and firm characteristics. The Engineering Economist 1995, 40(2):145-170.
    • (1995) The Engineering Economist , vol.40 , Issue.2 , pp. 145-170
    • Chen, S.1
  • 18
    • 77955427460 scopus 로고    scopus 로고
    • DCF techniques and nonfinancial measures in capital budgeting: a contingency approach analysis
    • Chen S. DCF techniques and nonfinancial measures in capital budgeting: a contingency approach analysis. Behavioral Research in Accounting 2008, 20(1):13-29.
    • (2008) Behavioral Research in Accounting , vol.20 , Issue.1 , pp. 13-29
    • Chen, S.1
  • 19
    • 0037290655 scopus 로고    scopus 로고
    • Management control systems design within its organizational context: findings from contingency-based research and directions for the future
    • Chenhall R.H. Management control systems design within its organizational context: findings from contingency-based research and directions for the future. Accounting, Organizations and Society 2003, 28(2/3):127-168.
    • (2003) Accounting, Organizations and Society , vol.28 , Issue.2-3 , pp. 127-168
    • Chenhall, R.H.1
  • 20
    • 0000061037 scopus 로고    scopus 로고
    • The relationship between strategic priorities, management techniques and management accounting: an empirical investigation using a systems approach
    • Chenhall R.H., Langfield-Smith K. The relationship between strategic priorities, management techniques and management accounting: an empirical investigation using a systems approach. Accounting, Organizations and Society 1998, 23(3):243-264.
    • (1998) Accounting, Organizations and Society , vol.23 , Issue.3 , pp. 243-264
    • Chenhall, R.H.1    Langfield-Smith, K.2
  • 21
    • 0002490292 scopus 로고
    • Managerial flexibility in capital investment decisions: insights from the real-options literature
    • Cheung J.K. Managerial flexibility in capital investment decisions: insights from the real-options literature. Journal of Accounting Literature 1993, 12:29.
    • (1993) Journal of Accounting Literature , vol.12 , pp. 29
    • Cheung, J.K.1
  • 22
    • 0002162946 scopus 로고
    • Marketing and strategic management
    • AP Information Services, London,
    • Doyle R. Marketing and strategic management. Marketing Manager's 1992 Yearbook 1992, AP Information Services, London, pp. 17-23.
    • (1992) Marketing Manager's 1992 Yearbook , pp. 17-23
    • Doyle, R.1
  • 25
    • 0002792993 scopus 로고
    • Contingency-based research on management control systems: categorization by level of complexity
    • Fisher J. Contingency-based research on management control systems: categorization by level of complexity. Journal of Accounting Literature 1995, 14:24-53.
    • (1995) Journal of Accounting Literature , vol.14 , pp. 24-53
    • Fisher, J.1
  • 27
    • 0002522594 scopus 로고
    • Linking control systems to business unit strategy: impact on performance
    • Govindarajan V., Gupta A.K. Linking control systems to business unit strategy: impact on performance. Accounting, Organizations and Society 1985, 10(1):51-66.
    • (1985) Accounting, Organizations and Society , vol.10 , Issue.1 , pp. 51-66
    • Govindarajan, V.1    Gupta, A.K.2
  • 28
    • 0000318873 scopus 로고    scopus 로고
    • The theory and practice of corporate finance: evidence from the field
    • Graham J.R., Harvey C.R. The theory and practice of corporate finance: evidence from the field. Journal of Financial Economics 2001, 60(2-3):187-243.
    • (2001) Journal of Financial Economics , vol.60 , Issue.2-3 , pp. 187-243
    • Graham, J.R.1    Harvey, C.R.2
  • 29
    • 0033211921 scopus 로고    scopus 로고
    • Competitor-focused accounting: an exploratory note
    • Guilding C. Competitor-focused accounting: an exploratory note. Accounting, Organizations and Society 1999, 24(7):583-595.
    • (1999) Accounting, Organizations and Society , vol.24 , Issue.7 , pp. 583-595
    • Guilding, C.1
  • 30
    • 0001121424 scopus 로고    scopus 로고
    • An international comparison of strategic management accounting practices
    • Guilding C., Cravens K.S., Tayles M. An international comparison of strategic management accounting practices. Management Accounting Research 2000, 11(1):113-135.
    • (2000) Management Accounting Research , vol.11 , Issue.1 , pp. 113-135
    • Guilding, C.1    Cravens, K.S.2    Tayles, M.3
  • 31
    • 10644269920 scopus 로고    scopus 로고
    • The incidence, perceived merit and antecedents of customer accounting: an exploratory note
    • Guilding C., McManus L. The incidence, perceived merit and antecedents of customer accounting: an exploratory note. Accounting, Organizations and Society 2002, 27(1-2):45-59.
    • (2002) Accounting, Organizations and Society , vol.27 , Issue.1-2 , pp. 45-59
    • Guilding, C.1    McManus, L.2
  • 32
    • 0002422674 scopus 로고
    • Business unit strategy, managerial characteristics, and business unit effectiveness at strategy implementation
    • Gupta A.K., Govindarajan V. Business unit strategy, managerial characteristics, and business unit effectiveness at strategy implementation. Academy of Management Journal 1984, 27(1):25-41.
    • (1984) Academy of Management Journal , vol.27 , Issue.1 , pp. 25-41
    • Gupta, A.K.1    Govindarajan, V.2
  • 33
    • 38149144742 scopus 로고
    • Capital budgeting techniques and firm specific contingencies: a correlational analysis
    • Haka S.F. Capital budgeting techniques and firm specific contingencies: a correlational analysis. Accounting, Organizations and Society 1987, 12(1):31-48.
    • (1987) Accounting, Organizations and Society , vol.12 , Issue.1 , pp. 31-48
    • Haka, S.F.1
  • 34
    • 77955413890 scopus 로고    scopus 로고
    • A review of the literature on capital budgeting and investment appraisal: past, present, and future musings
    • Elsevier, Oxford, C. Chapman, A.G. Hopwood, M.D. Shields (Eds.)
    • Haka S.F. A review of the literature on capital budgeting and investment appraisal: past, present, and future musings. Handbook of Management Accounting Research 2007, Elsevier, Oxford. C. Chapman, A.G. Hopwood, M.D. Shields (Eds.).
    • (2007) Handbook of Management Accounting Research
    • Haka, S.F.1
  • 35
    • 0000093651 scopus 로고
    • Sophisticated capital budgeting selection techniques and firm performance
    • Haka S.F., Gordon L.A., Pinches G.E. Sophisticated capital budgeting selection techniques and firm performance. The Accounting Review 1985, 60(4):651-669.
    • (1985) The Accounting Review , vol.60 , Issue.4 , pp. 651-669
    • Haka, S.F.1    Gordon, L.A.2    Pinches, G.E.3
  • 36
    • 0002405793 scopus 로고    scopus 로고
    • Organizational characteristics influencing the use of risk analysis in strategic capital investments
    • Ho S.M., Pike R.H. Organizational characteristics influencing the use of risk analysis in strategic capital investments. The Engineering Economist 1998, 43(3):247-268.
    • (1998) The Engineering Economist , vol.43 , Issue.3 , pp. 247-268
    • Ho, S.M.1    Pike, R.H.2
  • 37
    • 0018000945 scopus 로고
    • Portfolio analysis: practical experience with the directional policy matrix
    • Hussey D.E. Portfolio analysis: practical experience with the directional policy matrix. Long Range Planning 1978, 11(4):2-8.
    • (1978) Long Range Planning , vol.11 , Issue.4 , pp. 2-8
    • Hussey, D.E.1
  • 39
    • 0000152932 scopus 로고
    • Accounting and technology in Britain and Japan: learning from field research
    • Jones T.C., Currie W.L., Dugdale D. Accounting and technology in Britain and Japan: learning from field research. Management Accounting Research 1993, 4(2):109-137.
    • (1993) Management Accounting Research , vol.4 , Issue.2 , pp. 109-137
    • Jones, T.C.1    Currie, W.L.2    Dugdale, D.3
  • 40
    • 0003042243 scopus 로고
    • Academic and practitioner reality: the case of investment appraisal
    • Jones T.C., Dugdale D. Academic and practitioner reality: the case of investment appraisal. British Accounting Review 1994, 26(1):3-25.
    • (1994) British Accounting Review , vol.26 , Issue.1 , pp. 3-25
    • Jones, T.C.1    Dugdale, D.2
  • 42
    • 0010957332 scopus 로고
    • U.S., Korea & Japan: accounting practices in three countries
    • Kim U.-W., Song J. U.S., Korea & Japan: accounting practices in three countries. Management Accounting 1990, 72(2):26-30.
    • (1990) Management Accounting , vol.72 , Issue.2 , pp. 26-30
    • Kim, U.-W.1    Song, J.2
  • 43
    • 84978558802 scopus 로고
    • Is the emphasis on capital budgeting misplaced?
    • King P. Is the emphasis on capital budgeting misplaced?. Journal of Business Finance and Accounting 1975, 2(1):69-82.
    • (1975) Journal of Business Finance and Accounting , vol.2 , Issue.1 , pp. 69-82
    • King, P.1
  • 44
    • 0000726794 scopus 로고
    • Empirical evidence of the adoption of sophisticated capital budgeting techniques
    • Klammer T.P. Empirical evidence of the adoption of sophisticated capital budgeting techniques. Journal of Business 1972, 45(3):387-397.
    • (1972) Journal of Business , vol.45 , Issue.3 , pp. 387-397
    • Klammer, T.P.1
  • 45
    • 84968100479 scopus 로고
    • The continuing increase in the use of capital budgeting techniques
    • Klammer T.P., Walker A.C. The continuing increase in the use of capital budgeting techniques. California Management Review 1984, XXVI(1):137-148.
    • (1984) California Management Review , vol.60 , Issue.1 , pp. 137-148
    • Klammer, T.P.1    Walker, A.C.2
  • 47
    • 0031066470 scopus 로고    scopus 로고
    • Management control systems and strategy: a critical review
    • Langfield-Smith K. Management control systems and strategy: a critical review. Accounting, Organizations and Society 1997, 22(2):207-232.
    • (1997) Accounting, Organizations and Society , vol.22 , Issue.2 , pp. 207-232
    • Langfield-Smith, K.1
  • 49
    • 0023365311 scopus 로고
    • Justifying new manufacturing systems: a managerial approach
    • Meredith J.R., Hill M.M. Justifying new manufacturing systems: a managerial approach. Sloan Management Review 1987, 28(4):49-61.
    • (1987) Sloan Management Review , vol.28 , Issue.4 , pp. 49-61
    • Meredith, J.R.1    Hill, M.M.2
  • 51
    • 54049138589 scopus 로고    scopus 로고
    • Capital budgeting, coordination, and strategy: a field study of interfirm and intrafirm mechanisms
    • Oxford University Press, Oxford, C. Chapman (Ed.)
    • Miller P., O'Leary T. Capital budgeting, coordination, and strategy: a field study of interfirm and intrafirm mechanisms. Controlling Strategy 2005, Oxford University Press, Oxford. C. Chapman (Ed.).
    • (2005) Controlling Strategy
    • Miller, P.1    O'Leary, T.2
  • 52
    • 34547807548 scopus 로고    scopus 로고
    • Mediating instruments and making markets: capital budgeting, science and the economy
    • Miller P., O'Leary T. Mediating instruments and making markets: capital budgeting, science and the economy. Accounting, Organizations and Society 2007, 32(7-8):701-734.
    • (2007) Accounting, Organizations and Society , vol.32 , Issue.7-8 , pp. 701-734
    • Miller, P.1    O'Leary, T.2
  • 56
    • 84953477557 scopus 로고
    • A review of recent trends in formal capital budgeting processes
    • Summer
    • Pike R.H. A review of recent trends in formal capital budgeting processes. Accounting and Business Research 1983, Summer:201-208.
    • (1983) Accounting and Business Research , pp. 201-208
    • Pike, R.H.1
  • 57
    • 84916578830 scopus 로고
    • An empirical study of the adoption of sophisticated capital budgeting practices and decision-making effectiveness
    • Pike R.H. An empirical study of the adoption of sophisticated capital budgeting practices and decision-making effectiveness. Accounting and Business Research 1988, 18(72):341-351.
    • (1988) Accounting and Business Research , vol.18 , Issue.72 , pp. 341-351
    • Pike, R.H.1
  • 58
    • 68149174054 scopus 로고    scopus 로고
    • A longitudinal survey on capital budgeting practices
    • Pike R.H. A longitudinal survey on capital budgeting practices. Journal of Business Finance & Accounting 1996, 23(1):79-92.
    • (1996) Journal of Business Finance & Accounting , vol.23 , Issue.1 , pp. 79-92
    • Pike, R.H.1
  • 61
    • 0017977031 scopus 로고
    • The directional policy matrix-tool for strategic planning
    • Robinson S.J.Q., Hichens R.E., Wade D.P. The directional policy matrix-tool for strategic planning. Long Range Planning 1978, 11(3):8-15.
    • (1978) Long Range Planning , vol.11 , Issue.3 , pp. 8-15
    • Robinson, S.J.Q.1    Hichens, R.E.2    Wade, D.P.3
  • 62
    • 85032068962 scopus 로고
    • Accounting for strategic positioning: responding to the crisis in management accounting
    • Roslender R. Accounting for strategic positioning: responding to the crisis in management accounting. British Journal of Management 1995, 6:45-57.
    • (1995) British Journal of Management , vol.6 , pp. 45-57
    • Roslender, R.1
  • 63
    • 0037432507 scopus 로고    scopus 로고
    • Capital budgeting methods among Sweden's largest groups of companies. The state of the art and a comparison with earlier studies
    • Sandahl G., Sjögren S. Capital budgeting methods among Sweden's largest groups of companies. The state of the art and a comparison with earlier studies. International Journal of Production Economics 2003, 84(1):51-69.
    • (2003) International Journal of Production Economics , vol.84 , Issue.1 , pp. 51-69
    • Sandahl, G.1    Sjögren, S.2
  • 64
    • 0000265636 scopus 로고
    • Capital investment appraisal techniques: a survey of current usage
    • Sangster A. Capital investment appraisal techniques: a survey of current usage. Journal of Business Finance & Accounting 1993, 20(3):307-332.
    • (1993) Journal of Business Finance & Accounting , vol.20 , Issue.3 , pp. 307-332
    • Sangster, A.1
  • 65
    • 0030162646 scopus 로고    scopus 로고
    • Analysing technology investments-from NPV to strategic cost management (SCM)
    • Shank J.K. Analysing technology investments-from NPV to strategic cost management (SCM). Management Accounting Research 1996, 7(2):185-198.
    • (1996) Management Accounting Research , vol.7 , Issue.2 , pp. 185-198
    • Shank, J.K.1
  • 67
    • 77955424957 scopus 로고
    • The capital investment analysis and decision process at the plant level of a large diversified corporation. Unpublished doctoral dissertation. Harvard Business School, Boston, MA.
    • Sihler, W.W., 1964. The capital investment analysis and decision process at the plant level of a large diversified corporation. Unpublished doctoral dissertation. Harvard Business School, Boston, MA.
    • (1964)
    • Sihler, W.W.1
  • 68
    • 38149143548 scopus 로고
    • Accounting control systems and business strategy: an empirical analysis
    • Simons R. Accounting control systems and business strategy: an empirical analysis. Accounting, Organizations and Society 1987, 12(4):357-374.
    • (1987) Accounting, Organizations and Society , vol.12 , Issue.4 , pp. 357-374
    • Simons, R.1
  • 69
    • 0000457953 scopus 로고
    • An empirical study of capital budgeting practices for strategic investments in CIM technologies
    • Slagmulder R., Bruggeman W., Van Wassenhove L. An empirical study of capital budgeting practices for strategic investments in CIM technologies. International Journal of Production Economics 1995, 40(2-3):121-152.
    • (1995) International Journal of Production Economics , vol.40 , Issue.2-3 , pp. 121-152
    • Slagmulder, R.1    Bruggeman, W.2    Van Wassenhove, L.3
  • 71
    • 0347134948 scopus 로고    scopus 로고
    • Reflections on the papers in this issue and commentary on the state of strategic management accounting
    • Tomkins C., Carr C. Reflections on the papers in this issue and commentary on the state of strategic management accounting. Management Accounting Review 1996, 7(2):271-280.
    • (1996) Management Accounting Review , vol.7 , Issue.2 , pp. 271-280
    • Tomkins, C.1    Carr, C.2
  • 72
    • 0030161841 scopus 로고    scopus 로고
    • On the role and function of formal analysis in strategic investment decision processes: results form an empirical study in Belgium
    • Van Cauwenbergh A.V., Durinck E., Martens R., Laveren E., Bogaert I. On the role and function of formal analysis in strategic investment decision processes: results form an empirical study in Belgium. Management Accounting Research 1996, 7(2):169-184.
    • (1996) Management Accounting Research , vol.7 , Issue.2 , pp. 169-184
    • Van Cauwenbergh, A.V.1    Durinck, E.2    Martens, R.3    Laveren, E.4    Bogaert, I.5
  • 73
    • 31844443717 scopus 로고    scopus 로고
    • Do organizations adopt sophisticated capital budgeting practices to deal with uncertainty in the investment decision? A research note
    • Verbeeten F.H.M. Do organizations adopt sophisticated capital budgeting practices to deal with uncertainty in the investment decision? A research note. Management Accounting Research 2006, 17(1):106-120.
    • (2006) Management Accounting Research , vol.17 , Issue.1 , pp. 106-120
    • Verbeeten, F.H.M.1
  • 74
    • 3843119828 scopus 로고
    • Japanese management accounting: a comparative survey
    • Yoshikawa T., Innes J., Mitchell F. Japanese management accounting: a comparative survey. Management Accounting 1989, 67(10):20-23.
    • (1989) Management Accounting , vol.67 , Issue.10 , pp. 20-23
    • Yoshikawa, T.1    Innes, J.2    Mitchell, F.3


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.