"A Three-Decade Review of Club Capital-Budgeting Practices" by James W. Damitio and Raymond S. Schmidgall
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www.cmich.edu

Abstract

If clubs are to remain viable in the future, it is important for them to employ proper capital-budgeting techniques. This study reports on clubs’ current capital-budgeting practices. It also compares current practices with those used by clubs over the previous two decades, starting in the 1980s.

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