Naslov
Financing Management of Companies

Autori
Kontuš, Eleonora

Vrsta, podvrsta i kategorija rada
Poglavlja u knjigama, znanstveni

Knjiga
Governing Business Systems: Theories and Challenges for Systems Thinking in Practice

Urednik/ci
Dominici, Gandolfo ; Del Giudice, Manlio ; Lombardi, Rosa

Izdavač
Springer

Grad
Cham

Godina
2018

Raspon stranica
1-23

ISBN
978-3-319-66036-3

Ključne riječi
short-term financing sources ; long-term financing sources ; cost of financing ; effective interest rate after tax

Sažetak
The aim of this paper is, firstly, to explore the short- and long-term sources of financing available to companies, and secondly, to determine the sources of short- and long-term financing to be employed on the basis of lowest cost criteria and taking into account the importance of scientifically-based financial management. A company should consider the cost of all available sources along with their impact on its profitability and solvency, and decide on the optimal amount of short- and long-term sources of financing and their optimal composition from the cost-effective point of view. In determining which sources of short- and long-term financing to employ, it is important to take into consideration the cost of all sources available to companies and choose those most appropriate in terms of effective after-tax interest rate because this is what represents the real cost of financing. The result of the work will provide equations for calculating an effective interest rate for different short- and long-term financing sources available to companies.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija

POVEZANOST RADA