The enterprise self-financing – the taxation impact upon self-financing decision
The enterprise self-financing – the taxation impact upon self-financing decision
Author(s): Nicoleta Barbuta-MisuSubject(s): Economy
Published by: Editura Universitară Danubius
Keywords: cost of capital; profitability; own capital; retained profit; dividends
Summary/Abstract: This work study the self-financing problematic, with particular emphasis on their benefits for the enterprise, but also for shareholders, on domestic or external factors that influence the self-financing decision and its level, on the relationship between self-financing and depreciation, degree of debt and profitability and not in the last line on the self-financing cost. In the factors that acting on the self-financing decision was granted a special attention to taxation, whose impact has been analyzed for various amounts of the tax on dividend and the tax on capital gains.
Journal: Euro Economica
- Issue Year: 22/2009
- Issue No: 01
- Page Range: 80-86
- Page Count: 7
- Language: English