Strategic investment and decision-making, Financial Management

Carr, C., Kolehmainen, K. and Mitchell, F. (2010) ‘Strategic investment decision-making practices: a contextual approach', Management Accounting Research, 21, 167-84.

(a) What are the main aims of the article? How does the article seek to achieve these aims? Explain and evaluate the methodology used.

(b) Review Tables 2 and 3 in the article and comment on their findings.

(c) Summarise and evaluate the key findings of the article. Critically evaluate their importance for today's business manager. Reflect on these issues both in relation to your own managerial experience as well as with regard to strategic issues regarding investment appraisal.

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