Investment Appraisal Process in the Banking & Finance Industry

We have studied how the banking and finance industry performs investment appraisal, measures subsequent follow-up and designates project success or failure. Furthermore, the authors looked into the extent of use of the new generation value management models. The result shows that firms are not using the same measurement scale in all stages of a project. Moreover, there is a tendency to shift from traditional appraisal methods to the new generation value management models.DCF methods;project;investment appraisal;shareholder value analysis;value management techniques

The Practice of Investment Appraisal

This case study examines the capital budgeting practices of four companies operating in different industry. The findings indicate that most companies follow decentralised project decision-making. Despite the use of DCF techniques, there is a tendency to combine with the newly crafted value management tools, which shows a trend shift in the capital budgeting methods. In addition, firms are found trying to modify the original DFC tools so as to accommodate their needs. However, firms don't use the same technique from project inception to completion.DCF methods;project;shareholder value analysis;value management techniques;Investment appraisal

Beach users’ perceptions of coastal regeneration projects as an adaptation strategy in the western Mediterranean

Some coastal environments facing climate change risks are starting to be managed with nature-based solutions (NBS). Strategies based on the rehabilitation of green infrastructures in coastal municipalities, such as renaturalization of seafronts, are considered adaptive to the effects of climate change but may cause misconceptions that could lead to social conflicts between the tourist sector and the society. A survey was carried out to study user perceptions on the effects of climate change, preferences for adaptation strategies, and the assessment of projects of dune reconstruction. We find that while beach users recognize the benefits of NBS for environmental conservation and storm protection, they show little concern about possible effects of climate change on recreational activity and have limited understanding about the protective capacity of NBS. Thus, a greater effort must be made to better explain the effects of climate change and the potential benefits of NBS in coastal risk management.Peer ReviewedPostprint (author's final draft

Injecting equipment schemes for injecting drug users : qualitative evidence review

This review of the qualitative literature about needle and syringe programmes (NSPs) for injecting drug users (IDUs) complements the review of effectiveness and cost-effectiveness. It aims to provide a more situated narrative perspective on the overall guidance questions

Educational interventions to improve people's understanding of key concepts in assessing the effects of health interventions: a systematic review

Abstract Background Health information is readily accessible but is of variable quality. General knowledge about how to assess whether claims about health interventions are trustworthy is not common, so people’s health decisions can be ill-informed, unnecessarily costly and even unsafe. This review aims to identify and evaluate studies of educational interventions designed to improve people’s understanding of key concepts for evaluating claims about the effects of health interventions. Methods/Design We searched multiple electronic databases and sources of grey literature. Inclusion criteria included all study types that included a comparison, any participants (except health professionals or health professional students) and educational interventions aimed at improving people’s understanding of one or more of the key concepts considered necessary for assessing health intervention claims. Knowledge and/or understanding of concepts or skills relevant to evaluating health information were our primary outcome measures. Secondary outcomes included behaviour, confidence, attitude and satisfaction with the educational interventions. Two authors independently screened search results, assessed study eligibility and risk of bias and extracted data. Results were summarised using descriptive synthesis. Results Among 24 eligible studies, 14 were randomised trials and 10 used other study designs. There was heterogeneity across study participants, settings and educational intervention type, content and delivery. The risk of bias was high in at least one domain for all randomised studies. Most studies measured outcomes immediately after the educational intervention, with few measuring later. In most of the comparisons, measures of knowledge and skills were better among those who had received educational interventions than among controls, and some of these differences were statistically significant. The effects on secondary outcomes were inconsistent. Conclusions Educational interventions to improve people’s understanding of key concepts for evaluating health intervention claims can improve people’s knowledge and skills, at least in the short term. Effects on confidence, attitude and behaviour are uncertain. Many of the studies were at moderate or greater risk of bias. Improvements in study quality, consistency of outcome measures and measures of longer-term effects are needed to improve confidence in estimates of the effects of educational interventions to improve people’s understanding of key concepts for evaluating health intervention claims. Systematic review registration PROSPERO CRD4201603310

Addressing Problems in Evaluating Health-Relevant Programs through Systematic Planning and Evaluation

The authors argue that inconsistent terminology is often a hindrance in assessing health program implementation, effectiveness and efficiency. Attending closely to this, they propose a model scheme for conducting such evaluations

A methodology for the incorporation of social inclusion into transport policy

4-8 July 2004. Istanbul, Turke