THE IMPACT OF FINANCING POLICY ON THE COMPANY’S VALUE

Annals of the University of Oradea: Economic Science

关键词: financing policy;    cost of capital;    capital structure;    company’s value;   

DOI  :  

来源: DOAJ

【 摘 要 】

National and international financial system offers companies a wide range of funding sources. The choice of one or more of the available sources and their combination are major aspects of the company's financing policy. Managers must keep in mind that the call to one or other of potential funding sources is not a minor and independent decision, but has profound implications on the company’s value. Weighted average cost of capital can be used as the discount rate or the selection of investment projects.

【 授权许可】

Unknown