CHARACTERISTICS OF MIRR METHOD IN EVALUATION OF INVESTMENT PROJECTS' EFFECTIVENESS
Journal Title: Вісник Київського національного університету імені Тараса Шевченка. Економіка. - Year 2014, Vol 8, Issue 161
Abstract
This scientific paper describes some aspects of the current researches' status concerning methodological tools of investment projects' evaluation based on compounding and discounted cash flow. Also there were defined some problems of its application in practical business activities. There were analyzed characteristics of the Modified Internal Rate of Return method in the evaluation of investment projects, restrictions connected with its application, advantages and disadvantages compared with indicators of the original Internal Rate of Return and Net Present Value for projects with certain baseline characteristics. There were determined the opportunities to adapt the method of Modified Internal Rate of Return to alternative computational approaches of the project cash flows evaluation. There were considered possibilities of the Modified Internal Rate of Return method in a comparative analysis of real investments, which are not comparable in scale and duration of implementation. There were expressed concerns about appropriateness of the Modified Internal Rate of Return method's wide application in project analysis to determine the attractiveness and feasibility of investment alternatives. There were outlined basic recommendations for the further research on this subject, directions to improve methods of the effectiveness of investment projects' evaluation based on cash flows' compounding.
Authors and Affiliations
Pavlo Kukhta
Keywords
Related Articles
- EP ID EP404145
- DOI 10.17721/1728-2667.2014/161-8/11
- Views 81
- Downloads 0
Еconomic Feasibility and Priority Directions of Activization of Social Investments of the Enterprises
The theoretical and methodological bases of social investments of the enterprises are investigated in article. The analysis of features of social investment state is held. The assessment social investments impact on the...
MORERN STATE OF ACCOUNTING AND TAXING OF FRANCHISING IN A RESTAURANT BUSINESS
It is covered the nature of franchising as the system of franchiser trade network development and as the form of business organization of the entrepreneurs who have the rights for running business under the brand of fran...
Optimization of Financing Public Higher Education Institutions in Ukraine
The paper considers the ways to optimize financing public higher education institutions of Ukraine. Public higher education institutions acutely feel the lack of financial resources. The study describes that it is necess...
TAXATION PECULIARITIES OF E-COMMERCE MARKET PLAYERS
The article carried out with complex overview of tax regulation approaches of e-Commerce market, the features of international practices of taxation are revealed, in particular, EU countries, USA, China, etc. The nature...
PROBLEMS AND PROSPECTS OF FINANCING HIGHER EDUCATION INSTITUTIONS OF UKRAINE
The paper considers the problems of financing higher education institutions and focuses on formation of estimates of higher education institutions in Ukraine. The study established that the public and municipal education...