Computer Decision Support for Capital Budgeting: Some Empirical Findings of Practice
基于对146家大型企业的调查，发现尽管三分之二的企业有专门的资本预算计算机系统，但多数系统不够先进，难以有效支持复杂资本预算技术的应用，特别是概率风险分析的使用面临障碍。
While recent surveys suggest that capital budgeting systems in business organizations continue to become more formalized and sophisticated, a constraint on the use of sophisticated capital budgeting techniques seems to be the degree of support provided by firms’ capital budgeting information systems (CABIS). This paper, based on a survey of 146 large firms, outlines the current status of CABIS and their usage pattern. It was found that although two-thirds of sample firms have specific computer application systems for capital budgeting, most CABIS are relatively unsophisticated and less than adequate in providing the information and decision support capabilities required to use sophisticated capital budgeting techniques effectively. In particular, the barrier and problems encountered in the use of probabilistic risk analysis were explored. Implications of these findings are discussed.