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