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  • 标题:OPTION FOR CREDIT IN FUNDAMENTING THE FINANCIAL STRUCTURE OF ENTERPRISE
  • 本地全文:下载
  • 作者:Nicolae SICHIGEA ; Dan Florentin SICHIGEA
  • 期刊名称:Annals of the University of Craiova: Economic Sciences Series
  • 印刷版ISSN:1223-365X
  • 电子版ISSN:1843-3723
  • 出版年度:2008
  • 卷号:3
  • 页码:1088-1098
  • 语种:English
  • 出版社:Universitaria Craiova
  • 摘要:The development of the economic activities make almost inevitable the necessity of completing the equities with sources which represent the object of the enterprise’s leveraging.In our paper,we intend to underline the effects of a correct debt policy,concretized in an optimum capital structure,respectively in establishment of such report between the debt capital and the equities that could determine a minimum weighted average cost of capital.Reaching the objective of the optimum financial structure could be achieved most of the time,on a pragmatic way,based on the analysis of many hypothesis of leveraging,the managers taking the option towards the maximization of the firm’s value.
  • 关键词:credit;effect of financial leverage;financial structure;cost of capital
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