Learning Objectives (See related pages) This chapter deals with the practical and organizational aspects of capital budgeting—incentives and performance measurement. It discusses agency problems associated with the capital budgeting process and shows how to reward performance through incentive schemes. It discusses the concepts of EVA (Economic Value Added), as well as the differences between accounting measures of performance and economic measures of performance.
	To learn more about the book this website supports, please visit its Information Center. 2014 McGraw-Hill Education Europe Any use is subject to the Terms of Use and Privacy Notice. McGraw-Hill Education Europe is one of the many fine businesses of The McGraw-Hill Companies.

		Log In You must be a registered user to view the premium content in this website. If you already have a username and password, enter it below. If your textbook came with a card and this is your first visit to this site, you can use your registration code to register. Username: Password: Forgot your password?

		Site Preferences (Log out) Send mail as: TA email: Other email: "Floating" navigation? Drawer speed:

		Notes (What is this?)      Add a note 1. (optional) Enter a note here: 2. (optional) Select some text on the page (or do this before you open the "Notes" drawer). 3. Highlighter Color: NoneYellowRedGreenBlue 4.

		Search Search for: Search in: This siteThe web (PowerSearch)

Home > Chapter 12 > Learning Objectives

Course-wide Content Glossary Interactive FinSims PV Tables Additional Appendices Related Websites

Choose a ChapterChapter 1Chapter 2Chapter 3Chapter 4Chapter 5Chapter 6Chapter 7Chapter 8Chapter 9Chapter 10Chapter 11Chapter 12Chapter 13Chapter 14Chapter 15Chapter 16Chapter 17Chapter 18Chapter 19Chapter 20Chapter 21Chapter 22Chapter 23Chapter 24Chapter 25Chapter 26Chapter 27Chapter 28Chapter 29Chapter 30Chapter 31Chapter 32Chapter 33Chapter 34

Quizzes Multiple Choice Quiz More Resources Learning Objectives Beyond the Page Excel Exhibits

Instructor Resources Solutions Manual Instructor's Manual Instructor Excel Sprea... Test Bank PowerPoint Presentations Minicase Solutions Digital Image Library 10e to 11e EOC Guide Course-wide Content Glossary Interactive FinSims PV Tables Additional Appendices Related Websites

Choose a ChapterChapter 1Chapter 2Chapter 3Chapter 4Chapter 5Chapter 6Chapter 7Chapter 8Chapter 9Chapter 10Chapter 11Chapter 12Chapter 13Chapter 14Chapter 15Chapter 16Chapter 17Chapter 18Chapter 19Chapter 20Chapter 21Chapter 22Chapter 23Chapter 24Chapter 25Chapter 26Chapter 27Chapter 28Chapter 29Chapter 30Chapter 31Chapter 32Chapter 33Chapter 34

Quizzes Multiple Choice Quiz More Resources Learning Objectives Beyond the Page Excel Exhibits