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Managerial implications of researchThe findings of this research, decades of teaching experience of the authors and theliterature reviewed have been utilized to evaluate current practices and suggestpossible improvements in decision making (through a normative framework as theAppendix). Also, the findings indicate a high degree of sophistication in the capitalbudgeting practices of the sample Indian companies. This implies that the Indian corporate appears to be capable of meeting the global challenges with respect toinvestment levels and financing.
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