An Empirical Study on the Capital Budgeting Practices: Evidences from RSEBL Listed And DHI Owned Companies

Hita Nath Dhakal, Budha Raj Kafley, Ankit Bhujel, Bhim Bahdur Subba and Jamayang Chetsho

Bhutan Journal of Business and Management, 2024

Abstract: Long-term investment decisions are one of the most complicated financial decisions and the need for investigation of its practices has become very crucial in Bhutan. It is evident from the total sample size of 29 RSEBL (Royal Securities Exchange of Bhutan) listed companies and DHI (Druk Holding and Investments) owned companies that they mostly prefer PI (Profitability Index) in capital budgeting decision-making in Bhutan. The findings from this study also reveals that, the project risk assessment tools such as scenario analysis and real options are the dominant approaches among RSEBL listed and DHI owned companies.

Keywords: Capital Budgeting; Profitability Index; RSEBL; DHI; risk assessment (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:eoq:bjbmjr:art38

DOI: 10.17102/bjbm.v7.1

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