Capital budgeting in cotton gins

What is it about?

Investment decisions in companies may involve complex processes and personal and collective influences. We try to capture major influences (psychological, technical and institutional) that may explain how managers perform capital budgeting in a sample of agriculture businesses in Brazil.

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Why is it important?

While investments are key for assuring long term business survival and local economic development, understanding what keeps businesses from investing and the factors that influence this managerial decision is crucial not only for managerial improvement, but also for public policy making.