“Investment Appraisal Methods are valuable tools for corporate decision-making”

Assessment InformationThis coursework is an Individual Assignment. You should write 900 words essay on the following topic:Essay Question“Investment Appraisal Methods are valuable tools for corporate decision-making”. Based on peer-reviewedacademicsources, discuss two empirical studies that investigate the use of investment appraisal methods forsupporting investment decisions at the corporate level. Your discussion should cover the following points:a) Explain the research question(s) that the studies areaiming to answer;b) For each study, describe the samples used and the methodology adopted to collect the data;c) Describe anddraw comparisons between the results of the two studies. Based on these results, discusswhy corporate managers might moreoften use some appraisal methods rather than others whenmaking investment choices. DATA SOURCESYou MUST only use secondary sources of data for this assignment (i.e. information that is already in the public domainsuch as textbooks, newspaper articles,journal articles, etc.). You should use a variety of appropriate external sources.Criteria for Assessment and Learning OutcomesEach answer will be assessed based on the following criteria1. Content (and Learning Outcomes)2. Knowledge andunderstanding/application of theoryKH3108 Fundamentals of Accounting and Finance 2021/22Page 2 of 43. Evidence of reading,use of resources, and research4. Accurate citations and referencing5. Presentation, grammar, and spelling, and the table attachedbelow describes each criteria in detail