M. Amram and N. Kulatilaka, Real Options: Managing Strategic Investment in an Uncertain World, 1999.

P. Atril, Financial Management for Non-Specialists, 2000.

V. B. Bavishi, Capital budgeting practices at multinationals, Management Accounting, pp.32-35, 1981.

R. A. Brealey, C. Stewart, and . Myers, Principles of Corporate Finance, 2000.

A. Buckley, P. Buckley, P. Langevin, and K. Tse, The financial analysis of foreign investment decisions by large UK-based companies, The European Journal of Finance, vol.23, issue.2, pp.181-206, 1996.
DOI : 10.1108/eb013642

G. Charreaux, Images de l'investissement: au delà de l'évaluation financière, une lecture organisationnelle et stratégique

P. D. Childs, H. Steven, A. J. Ott, and . Triantis, Capital Budgeting for Interrelated Projects: A Real Options Approach, The Journal of Financial and Quantitative Analysis, vol.33, issue.3, 1998.
DOI : 10.2307/2331098

C. Drury and M. Tayles, UK capital budgeting practices: some additional survey evidence, The European Journal of Finance, vol.10, issue.4, pp.371-388, 1996.
DOI : 10.1111/j.1540-6288.1984.tb01083.x

E. J. Farragher, T. Robert, A. P. Kleiman, and . Sahu, CURRENT CAPITAL INVESTMENT PRACTICES, The Engineering Economist, vol.44, issue.2, pp.137-150, 1999.
DOI : 10.2307/3665527

M. Farrell, Financial Engineering in project management, Project Management Journal, Sylva, 2002.

J. R. Graham and H. R. Campbell, The theory and practice of corporate finance: evidence from the field, Journal of Financial Economics, vol.60, issue.2-3, pp.187-243, 2001.
DOI : 10.1016/S0304-405X(01)00044-7

L. T. Miller and C. S. Park, Decision Making Under Uncertainty???Real Options to the Rescue?, The Engineering Economist, vol.15, issue.2, 2002.
DOI : 10.2307/3665939

D. J. Oblak and R. J. Helm-jr, Survey and Analysis of Capital Budgeting Methods Used by Multinationals, Financial Management, vol.9, issue.4, pp.37-41, 1980.
DOI : 10.2307/3664917

L. P. Shao and A. T. Shao, Capital budgeting practices employed by European affiliates of US transnational companies, Journal of International Financial Management, vol.3, issue.12, pp.95-109, 1993.

M. T. Stanley and S. B. Block, An empirical study of management and financial variables influencing capital budgeting decisions for multinational corporations in the 1980s, The International Executive, vol.26, issue.2, pp.61-72, 1983.
DOI : 10.1002/tie.5060260207

A. Stonehill and L. Nathanson, Capital budgeting and the multinational corporation, California Management Review, pp.39-54, 1968.

L. Trigeorgis, Real Options: Managerial Flexibility and Strategy in Resource Allocation, 1999.

W. Kelly, M. E. , and G. C. Philippatos, Comparative Analysis of the Foreign Investment Evaluation Practices by U.S.-Based Manufacturing Multinational Companies, Journal of International Business Studies, vol.13, issue.3, pp.19-42, 1982.
DOI : 10.1057/palgrave.jibs.8490556

R. Brealey and S. Myers, Principles of Corporate Finance, p.3, 2000.

M. Albouy, Décisons Financières et Création de Valeur, 2000.

Y. Pesqueux, Le gouvernement de l'entreprise comme idéologie, 2000.

D. Eiteman, A. Stonehill, and M. Moffet, Multinational Business Finance Adisoo, Wesley/Pearson Education Inc. 10 This is a consequence of the current and future financing decision. An etical posture is adopted here. 11 Charreaux, Image de l'Investissement, Au-delà de l'évaluation financière : une lecture organisationnelle et stratégique, 2001.

M. C. Jensen, The Modern Industrial Revolution, Exit, and the Failure of Internal Control Systems, The Journal of Finance, vol.4, issue.4, pp.831-880, 1993.
DOI : 10.1111/j.1540-6261.1993.tb04022.x

J. Baskins and P. Miranti, A History of Corporate Finance, 1997.
DOI : 10.1017/CBO9780511665219

J. Schumpeter, History of Economical Analysis, 1954.

E. J. Farragher, T. Robert, A. P. Kleiman, and . Sahu, CURRENT CAPITAL INVESTMENT PRACTICES, Current Capital Investment Practices, pp.137-150, 1999.
DOI : 10.2307/3665527

J. R. Graham and H. R. Campbell, The theory and practice of corporate finance: evidence from the field, Journal of Financial Economics, vol.60, issue.2-3, pp.187-243, 2001.
DOI : 10.1016/S0304-405X(01)00044-7

L. P. Shao and A. T. Shao, Capital budgeting practices employed by European affiliates of US transnational companies, Journal of International Financial Management, vol.3, issue.12, pp.95-109, 1993.

K. M. Wicks and G. C. Philippatos, Comparative analysis of the foreign investment evaluation practices by US-based manufacturing multinational companies, Journal of International Business Studies, vol.13, issue.3, pp.19-42, 1982.

M. T. Stanley and S. B. Block, An empirical study of management and financial variables influencing capital budgeting decisions for multinational corporations in the 1980s, The International Executive, vol.26, issue.2, pp.61-72, 1983.
DOI : 10.1002/tie.5060260207

C. &. Drury and M. Tayles, UK capital budgeting practices: some additional survey evidence, The European Journal of Finance, vol.10, issue.4, pp.371-388, 1996.
DOI : 10.1111/j.1540-6288.1984.tb01083.x

J. R. Graham and H. R. Campbell, The theory and practice of corporate finance: evidence from the field, Journal of Financial Economics, vol.60, issue.2-3, pp.187-243, 2001.
DOI : 10.1016/S0304-405X(01)00044-7

A. Buckley, P. Buckley, P. Langevin, and K. Tse, The financial analysis of foreign investment decisions by large UK-based companies, The European Journal of Finance, vol.23, issue.2, pp.181-206, 1996.
DOI : 10.1108/eb013642

H. Markowitz, PORTFOLIO SELECTION*, The Journal of Finance, vol.7, issue.1, 1952.
DOI : 10.1111/j.1540-6261.1952.tb01525.x

A. Stonehill and L. Nathanson, Capital budgeting and the multinational corporation, California Management Review, pp.39-54, 1968.

J. Lintner, Security Prices, Risk, and Maximal Gains from Diversification, The Journal of Finance, p.20, 1965.

E. Fama, Efficient Capital Markets: A Review of Theory and Empirical Work, The Journal of Finance, vol.25, issue.2, pp.383-417, 1970.
DOI : 10.2307/2325486

V. B. Bavishi, Capital budgeting practices at multinationals, Management Accounting, pp.32-35, 1981.

M. T. Stanley and S. B. Block, An empirical study of management and financial variables influencing capital budgeting decisions for multinational corporations in the 1980s, The International Executive, vol.26, issue.2, pp.61-72, 1983.
DOI : 10.1002/tie.5060260207

S. Kim, T. Crick, and E. Farragher, Foreign Capital Budgeting Practices Used by the U.S. and Non-U.S. Multinational Companies, The Engineering Economist, vol.29, issue.3, pp.207-216, 1984.
DOI : 10.1080/00137918408967712