A Comparison of Accounting and Internal Rates of Return for the Firm in A Dynamic Setting

This study is an exploration of the relationship between Accounting Rate of Return (ARR) and a Weighted-average Internal Rate of Return (WIRR) in a discrete flow model of the firm in some simple dynamic situations. The model parameters are the IRRs, durations, and cash flow profiles of the capital projects which constitute the firm, and the investment growth rate and accounting depreciation methods for the firm. The study is divided into two parts, each part using a different methodology and studying the firm in a different kind of dynamic situation.

Name thesis:degree_name

Ph.D.

Level thesis:degree_level

Dissertation

Discipline thesis:degree_discipline

Accountancy

Grantor

University of Illinois at Urbana-Champaign

Year dc:date

2014

Author dc:creator

• Volkert, James Francis

• Business Administration, Accounting

Language dc:language

eng

Identifier

(UMI)AAI8114494

OAI identifier oai:identifier

oai:www.ideals.illinois.edu:2142/68274