Some turnover 75 percent of them had companies 50 percent are not familiar turnover less than 5 million euros for the year but also from their low level of total assets 78 percent of them had less than 5 million euros total Table 1 assets. Lyroudi, and K.
McCarty, and K. Farragher such methods. Based on contingency theory, organisations in Barbados believe that the PBM is a better fit for them. Total statisti- Robert T.
This finding was supported most American and European firms use by a similar survey conducted by Scott scientific evaluation methods Vogt ; and Petty for large U. Petry Kleiman In total, 41 completed questionnaires are received; 12 follow-up interviews are conducted with respondents to indicate the reasons for use and non-use of capital budgeting practices.
While there are no statistically significant differences in the capital budgeting practices used in different sectors, professional accountants are more likely to use net present value and sensitivity analysis than non-professional accountants.
Publication date: 3 December Abstract Purpose This paper aims to examine the capital budgeting practices used by firms in Barbados using contingency theory.