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Keywords: Payback method (PBM)
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Journal Articles
Journal of Financial Reporting and Accounting (2018) 16 (4): 564–584.
Published: 03 December 2018
... practices. Findings Capital budgeting practices are not widely used by firms in Barbados. The payback method (PBM) is determined to be the preferred method of choice because of its simplicity, agility and cultural practices. Based on contingency theory, organisations in Barbados believe that the PBM...
