A Strategic Framework to Use Payback Period (PBP) in Evaluating the Capital Budgeting in Energy and Oil and Gas Sectors in Oman

Volume: 5 Number: 2 June 1, 2015
  • Mawih Kareem Al Ani
International Journal of Economics and Financial Issues Cover
International Journal of Economics and Financial Issues
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A Strategic Framework to Use Payback Period (PBP) in Evaluating the Capital Budgeting in Energy and Oil and Gas Sectors in Oman

Abstract

This study aims to examine the associations between strategic variables and use the PBP in evaluating the capital budgeting decisions from the perspective of managers and investors in Oman. These variables are risk, liquidity, profitability, market obstacles, management compensation and size of the company. The two samples are investors and managers where 57 out of 65 managers and 57 out of 75 investors were selected to answer the questionnaire of the study. The questionnaire consisted of seven sections with 17 questions. The regression test showed that the risk and management compensation variables have an impact on the use of PBP from the perspective of managers. Also, the risk and profitability variables have an impact on the use of PBP from the perspective of investors. On the second level of analysis, the finding of the study indicates that there are no statistically differences between managers and investors to use the PBP traced to the any of the six variables.

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Primary Language

English

Subjects

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Journal Section

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Authors

Mawih Kareem Al Ani This is me

Publication Date

June 1, 2015

Submission Date

June 1, 2015

Acceptance Date

-

Published in Issue

Year 2015 Volume: 5 Number: 2

IZ

https://izlik.org/JA33CG42BR

Cite

RIS / Bibtex
APA
Ani, M. K. A. (2015). A Strategic Framework to Use Payback Period (PBP) in Evaluating the Capital Budgeting in Energy and Oil and Gas Sectors in Oman. International Journal of Economics and Financial Issues, 5(2), 469-475. https://izlik.org/JA33CG42BR
AMA
1.Ani MKA. A Strategic Framework to Use Payback Period (PBP) in Evaluating the Capital Budgeting in Energy and Oil and Gas Sectors in Oman. IJEFI. 2015;5(2):469-475. https://izlik.org/JA33CG42BR
Chicago
Ani, Mawih Kareem Al. 2015. “A Strategic Framework to Use Payback Period (PBP) in Evaluating the Capital Budgeting in Energy and Oil and Gas Sectors in Oman”. International Journal of Economics and Financial Issues 5 (2): 469-75. https://izlik.org/JA33CG42BR.
EndNote
Ani MKA (June 1, 2015) A Strategic Framework to Use Payback Period (PBP) in Evaluating the Capital Budgeting in Energy and Oil and Gas Sectors in Oman. International Journal of Economics and Financial Issues 5 2 469–475.
IEEE
[1]M. K. A. Ani, “A Strategic Framework to Use Payback Period (PBP) in Evaluating the Capital Budgeting in Energy and Oil and Gas Sectors in Oman”, IJEFI, vol. 5, no. 2, pp. 469–475, June 2015, [Online]. Available: https://izlik.org/JA33CG42BR
ISNAD
Ani, Mawih Kareem Al. “A Strategic Framework to Use Payback Period (PBP) in Evaluating the Capital Budgeting in Energy and Oil and Gas Sectors in Oman”. International Journal of Economics and Financial Issues 5/2 (June 1, 2015): 469-475. https://izlik.org/JA33CG42BR.
JAMA
1.Ani MKA. A Strategic Framework to Use Payback Period (PBP) in Evaluating the Capital Budgeting in Energy and Oil and Gas Sectors in Oman. IJEFI. 2015;5:469–475.
MLA
Ani, Mawih Kareem Al. “A Strategic Framework to Use Payback Period (PBP) in Evaluating the Capital Budgeting in Energy and Oil and Gas Sectors in Oman”. International Journal of Economics and Financial Issues, vol. 5, no. 2, June 2015, pp. 469-75, https://izlik.org/JA33CG42BR.
Vancouver
1.Mawih Kareem Al Ani. A Strategic Framework to Use Payback Period (PBP) in Evaluating the Capital Budgeting in Energy and Oil and Gas Sectors in Oman. IJEFI [Internet]. 2015 Jun. 1;5(2):469-75. Available from: https://izlik.org/JA33CG42BR