Abstract
The approach of modern financial theory to the evaluation of capital expenditure decisions can be criticized for partiality in that it does not take into account all the implications of planning for corporate growth. The deficiencies have important implications at the macro and micro planning and development levels. Weekes proposes a more holistic approach to the consideration of the growth factor in corporate planning which, while it cannot be implemented through elegant models, can be handled with microcomputer simulations.
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