Nicolae SICHIGEA Dan Florentin SICHIGEA (University of Craiova)
Abstract
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.
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Article provided by University of Craiova, Faculty of Economics and Business Administration in its journal Annals of Computational Economics.
Volume (Year): 3 (2008) Issue (Month): 36 (May) Pages: 1088-1098 Download reference. The following formats are available: HTML
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