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  • 标题:Financial Structure in the Context of Corporate Governance
  • 本地全文:下载
  • 作者:Visinescu Sorin Mihai ; Micuda Ion-Dan
  • 期刊名称:Ovidius University Annals: Economic Sciences Series
  • 电子版ISSN:2393-3127
  • 出版年度:2012
  • 卷号:12
  • 期号:1
  • 语种:English
  • 出版社:Ovidius University Press
  • 摘要:The company financing decision defines one of the most controversial areas of research in corporate finance theory. Identifying the optimal capital structure involves determinants of financing policy but also aspects that relate to corporate governance practices adopted by the firms. Studies of corporate governance focus on how corporate capital providers make sure that they gain from the investment in the company. Since managers are tempted to exploit weaknesses in the management contracts in order to increase their utility,the shareholders must carefully monitor them. The scope of the present research is to make a review on current corporate governance models and practices and also of their impact on firm financial structure. It also aims to develop links between the various financing sources and firm value,under the operation of corporate governance mechanisms.
  • 关键词:corporate governance;financial structure
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