Program Web Address
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.
Damitio, James W. and Schmidgall, Raymond S.
"A Three-Decade Review of Club Capital-Budgeting Practices,"
Hospitality Review: Vol. 26
, Article 2.
Available at: http://digitalcommons.fiu.edu/hospitalityreview/vol26/iss1/2