An Exploratory Study of a Comparison between the UK and Czech Republic of the Financial Models Used in the Appraisal of ICT and Non-ICT Capital Projects

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F62690094%3A18450%2F15%3A50003617" target="_blank" >RIV/62690094:18450/15:50003617 - isvavai.cz</a>

Result on the web

<a href="http://www.ekonomie-management.cz/download/1433862249_e4cd/07_AN+EXPLORATORY+STUDY+OF+A+COMPARISON+BETWEEN+THE+UK.pdf" target="_blank" >http://www.ekonomie-management.cz/download/1433862249_e4cd/07_AN+EXPLORATORY+STUDY+OF+A+COMPARISON+BETWEEN+THE+UK.pdf</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.15240/tul/001/2015-2-007" target="_blank" >10.15240/tul/001/2015-2-007</a>

Result language

angličtina

Original language name

An Exploratory Study of a Comparison between the UK and Czech Republic of the Financial Models Used in the Appraisal of ICT and Non-ICT Capital Projects

Original language description

Our research is aimed at identifying the current practices in respect of the financial appraisal of information communication technology and non-ICT projects. We look specifically at the UK - a well-established market economy - and the Czech Republic - an emerging market economy. Our research is based on a unique survey, which simultaneously examines the financial appraisal models used in the two types of projects, and addresses these issues from two diverse market economies. An important finding is that any differences in the financial models used relate to the two countries rather than between ICT or non-ICT projects. While both countries make extensive use of the payback model, they fully defend the view that this model influences a short-term mentality. The Czech Republic, more so than the UK, also support the view that the payback is unsuitable for appraising information communication technology projects, yet they still use it to appraise such projects. The Czech Republic places l

Czech name

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Czech description

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Type

J_x - Unclassified - Peer-reviewed scientific article (Jimp, Jsc and Jost)

CEP classification

AH - Economics

OECD FORD branch

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Project

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Continuities

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Publication year

2015

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Name of the periodical

E+M. Ekonomie a management

ISSN

1212-3609

e-ISSN

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Volume of the periodical

18

Issue of the periodical within the volume

2

Country of publishing house

CZ - CZECH REPUBLIC

Number of pages

14

Pages from-to

89-102

UT code for WoS article

000356905400007

EID of the result in the Scopus database

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