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Paper Information

Journal:   INTERNATIONAL JOURNAL OF HUMANITIES (THE JOURNAL OF HUMANITIES)   WINTER 2007 , Volume 14 , Number 1; Page(s) 1 To 14.
 
Paper: 

INVESTMENT JUSTIFICATION IN ADVANCED MANUFACTURING TECHNOLOGY: A STUDY OF IRANIAN COMPANIES

 
 
Author(s):  ETEMADI H., SHAMS ZADEH B.*
 
* DEPARTMENT OF ECONOMIC, BU ALI SINA UNIVERSITY
 
Abstract: 

During the past two decades business and manufacturing have observed significant and radical changes. Companies have used automation in the manufacturing, in order to improve quality and competency. It was expected that along with these changes, management accounting systems, which focus on monitoring and analyzing management decisions, should adapt with and encourage the changes. Many authors have claimed that management accounting systems have not helped the suitable business and manufacturing strategies in the new environment. Some even claim that it has hindered investing in advanced manufacturing technology and productivity.
This research, by analyzing information collected from 101 Iranian business units from various industries and manufacturing settings, investigates justification basis for capital investment in advanced manufacturing technology. The study demonstrates that there is more correlation between qualitative factors such as; manufacturing capabilities, improved product quality and, competition position with investment justification than quantitative bases such as; accounting rate of return (ARR), internal rate of return (IRR) and, net present value (NPV).

 
Keyword(s): MANAGEMENT ACCOUNTING, INVESTMENT JUSTIFICATION, ADVANCED MANUFACTURING TECHNOLOGY (AMT), FINANCIAL, NON-FINANCIAL CRITERIA
 
 
References: 
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Citations: 
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+ Click to Cite.
APA: Copy

ETEMADI, H., & SHAMS ZADEH, B. (2007). INVESTMENT JUSTIFICATION IN ADVANCED MANUFACTURING TECHNOLOGY: A STUDY OF IRANIAN COMPANIES. INTERNATIONAL JOURNAL OF HUMANITIES (THE JOURNAL OF HUMANITIES), 14(1), 1-14. https://www.sid.ir/en/journal/ViewPaper.aspx?id=101900



Vancouver: Copy

ETEMADI H., SHAMS ZADEH B.. INVESTMENT JUSTIFICATION IN ADVANCED MANUFACTURING TECHNOLOGY: A STUDY OF IRANIAN COMPANIES. INTERNATIONAL JOURNAL OF HUMANITIES (THE JOURNAL OF HUMANITIES). 2007 [cited 2021October19];14(1):1-14. Available from: https://www.sid.ir/en/journal/ViewPaper.aspx?id=101900



IEEE: Copy

ETEMADI, H., SHAMS ZADEH, B., 2007. INVESTMENT JUSTIFICATION IN ADVANCED MANUFACTURING TECHNOLOGY: A STUDY OF IRANIAN COMPANIES. INTERNATIONAL JOURNAL OF HUMANITIES (THE JOURNAL OF HUMANITIES), [online] 14(1), pp.1-14. Available: https://www.sid.ir/en/journal/ViewPaper.aspx?id=101900.



 
 
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