Abstract
Abstract Paper aims The purpose of this article is to identify the research opportunities in capital budgeting. Originality This research contributes to the literature by providing a methodology where researchers can potentially identify gaps from budgeting according to the existing scientific literature and contributes to the engineering management practice by to identifying the difficulties found by engineering managers that interfere in the capital budgeting process. Research method It was used the Knowledge Development Process-Constructivist (Proknow-C) tool that can researchers potentially identify gaps from budgeting according to the existing scientific literature. It then explicitly define the frontiers of knowledge and possible opportunities to follow when investigating the field. Main findings Capital budgeting is not shown as a macro research area for the researchers. Few authors have developed research with the same scopes or few of them still research on the theme. Implications for theory and practice The academy advocates that capital budgeting has a key role in business management and, therefore, managers have to use more sophisticated analysis practices. Organizations should seek professionals with experience in capital projects appraisal and who are familiar with and knowledgeable in the use of adequate practices for decision-making.
Highlights
Capital budgeting is one of the most important decisions faced by the financial management of any organization (Batra & Verma, 2014)
This research contributes to the literature by providing a methodology where researchers can potentially identify gaps from budgeting according to the existing scientific literature and contributes to the engineering management practice by to identifying the difficulties found by engineering managers that interfere in the capital budgeting process
Main findings: Capital budgeting is not shown as a macro research area for the researchers
Summary
Capital budgeting is one of the most important decisions faced by the financial management of any organization (Batra & Verma, 2014). It notes that this gap must be better studied and exploited For this reason, the purpose of this article is to construct a systematic analysis of capital budgeting literature. This work identifies existing gaps that could become future research that contributes to scientific and practical terms to the capital budgeting process based on a systematic analysis of the international literature review. It is believed that gathering information into a single material (i) a process to identify and select capital budgeting articles; (ii) a bibliometric analysis of the relevant publications on this topic; and (iii) a systematic analysis of the articles of bibliographic portfolio be useful for researchers and professionals to prioritize their efforts to those researches that generate scientific and practical contributions, based on the knowledge generated and presented reflections
Sign-in/Register to view highlights & summary Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
