Capital Investment Appraisal A Comparative Study Between Public And Private Companies (a Case Study Phinomar Nig. Ltd)

ABSTRACT Company budgeting involves allocation of source financial resources to long term investment. Thus, because of the involved capital there is need for adequate manager. Through the aid of theories and provided with capital budgeting techniques that aid capital budgeting appraisal. This study investigate, the subject of capital budgeting in relation to public and private companies. The companies use such a management tool companies uses in which the application of such in the private and public sector differ. Hence the research work focuses on organization selected from the public and p…