Classification of drivers for industrial energy efficiency and their effect on the barriers affecting the investment decision-making process

Understanding the factors driving the implementation of energy efficiency measures in compressed air systems is crucial to improve industrial energy efficiency, given their low implementation rate. Starting from a thorough review of the literature, it is thus clear the need to support companies in the decision-making process by offering an innovative framework encompassing the most relevant factors to be considered when adopting energy efficiency measures in compressed air systems, inclusive of the impacts on the production resources and the operations of a company. The framework, designed following the perspective of the industrial decision-makers, has been validated, both theoretically and empirically, and preliminarily applied to a heterogeneous cluster of manufacturing industries. Results show that, beside operational, energetic, and economic factors, in particular contextual factors such as complexity, compatibility, and observability may highlight critical features of energy efficiency measures whose absence may change the outcome of a decision-making process. Further, greater awareness and knowledge over the important factors given by the implementation of the framework could play an important role in fostering the implementation of energy efficiency measures in compressed air systems. The paper concludes with further research avenues to further promote energy efficiency and sustainability oriented practices in the industrial sector.

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‘Bootstrapping’: the investment decision-making process in small firms

The British Accounting Review ◽

10.1016/j.bar.2005.04.004 ◽

2005 ◽

Vol 37 (3) ◽

pp. 299-318 ◽

Cited By ~ 18

Author(s):

Ignatius Ekanem

Keyword(s):

Decision Making ◽

Small Firms ◽

Investment Decision ◽

Decision Making Process ◽

Investment Decision Making

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Financial Appraisal and the IS/IT Investment Decision Making Process

Journal of Information Technology ◽

10.1177/026839629801300101 ◽

1998 ◽

Vol 13 (1) ◽

pp. 3-14 ◽

Cited By ~ 8

Author(s):

Joan Ballantine ◽

Stephanie Stray

Keyword(s):

Decision Making ◽

Information Technology ◽

Capital Investment ◽

Investment Decision ◽

Decision Making Process ◽

It Investment ◽

It Investments ◽

Investment Appraisal ◽

Investment Decision Making ◽

Financial Appraisal

This paper explores the techniques used by organizations to appraise Information Systems (IS)/Information Technology (IT) investments, and concentrates, in particular, on techniques of capital investment appraisal. We draw on relevant studies reported in both the accounting and finance, and the IS literature, which have addressed their usage. Where possible comparisons are drawn between both sets of literatures. The results of a survey that specifically examined IS/IT investment appraisal practices of a sample of UK companies is also presented. Among the issues discussed include the extent to which capital investment appraisal techniques are used to appraisal investments, the importance of the techniques used and the problems attendant on the decision making process.

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The Role of Structural Context in Making Business Sense of Investments for Sustainability–A Case Study

Sustainability ◽

10.3390/su12177006 ◽

2020 ◽

Vol 12 (17) ◽

pp. 7006

Author(s):

Josefine Rasmussen

Keyword(s):

Decision Making ◽

Energy Efficiency ◽

Investment Decision ◽

Sustainable Manufacturing ◽

Manufacturing Companies ◽

Improve Energy Efficiency ◽

Structural Context ◽

Investment Decision Making

Energy efficiency is an important means for sustainable manufacturing. One action for manufacturing companies to improve energy efficiency is through investments. While these investments often are profitable, opportunities remain unexploited. This paper explores the structural context of the investment decision-making process by examining the associated activities, procedures, and the role of information. While the structural context may limit complex investments that do not fit predefined rules and controls, such as energy efficiency and other sustainability-related investments, it remains a scarcely studied aspect of investment decision-making for energy efficiency investments. Method-wise, the paper is based on a case study of a major investment at a pulp and paper company, motivated and justified based on productivity, strategic, energy, and sustainability rationales. The paper contributes with illustrating how configurations of internal investment activities and procedures may be crucial for sustainability-related investments to pass through the investment process. Moreover, the configuration of activities and procedures is also indicated as influential for the way in which an investment is executed. Hence, for energy efficiency and other sustainability-related investments to make business sense constitutes more than achieving desirable payback periods; the structural context should be considered.

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Role of Financial Statement in Investment Decision Making Process

Journal of Balkumari College ◽

10.3126/jbkc.v9i1.30094 ◽

2020 ◽

Vol 9 (1) ◽

pp. 105-108

Author(s):

Suraj Bhujel

Keyword(s):

Decision Making ◽

Investment Decision ◽

Financial Statements ◽

Vital Role ◽

Financial Statement ◽

Quality Information ◽

Decision Making Process ◽

Investment Decision Making

It is believed that financial statements are the key documents for any organizations for the investment decision making. Investment decision making depends upon the quality information obtained by the various sources and it is concluded in this research which is based on the findings that financial statement plays a vital role in investment decision making and recommends that no investment decision should be taken without the consideration of a company’s financial statements.

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