Modelos de presupuestación de capital en finanzas corporativas y utilidad de los mismos
Pico Rodríguez, Daniel
Fuertes Perea, Santiago
Escobar Jaramillo, Andrés Felipe
The research provides a theoretical approach to the capital budgeting models topic with the fundamental goal of understanding what they are, and their importance when making investment decisions by a company as well as to predict the effects in the future. In that way, the capital budgeting models are essentially tools to analyze potential capital expenditures by a company, it is necessary for this research project to define which are the different models and explain each one; in a theoretical and methodological level. Also, it is necessary to explain the different concepts related to the topic already mentioned for which we will make use of available theory in different literature sources were duly referenced in the corresponding section of this document. In addition, it was presented some of the financial indicators used in companies to not only measure or estimate their "financial health" but in order to show their impact on the sustainability of these and thus be able to give a broader view of the importance that transcends within these indicators to generate a positive impact on the development or growth of an organization. It is important to note that the research addressed the topic of capital budgeting in a particularly way as both private and public companies. In that way, it will be presented concepts developed by different academic actors with different approaches to the possible improvement of budgeting in these sectors. Finally, it was explicitly presented the conclusions that emerged over construction of the research paper, in order to give accomplish to the overall objective of the work in a response to the research question that will be enunciate some pages later.