Corporate Governance, Capital Markets, and Capital Budgeting

The primarycontribution of this book is to integratethe importantdisciplines which simultaneously impact the investment appraisal process. Thebook presents a study thatdevelops a new approach to investment appraisal which uses a multiple objective linear programming (MOLP) model to integrate the selected disciplines which include capital markets, corporate governance and capital budgeting. The research covers two case studies, one in the e-commerce sector and another in the airline industry in which the above disciplines are integrated. Readers from the areas of corporate governance, regulation, and accounting would find the survey of different approaches and the new integrated optimization approach particularlyuseful.