Stepped coupon bonds and restructuring factoring in relation to net circulating capital in companies in financial difficulty
Stepped coupon bonds and restructuring factoring in relation to net circulating capital in companies in financial difficulty
Author(s): Katarzyna Kreczmanska-Gigol, Marcin LiberadzkiSubject(s): Essay|Book Review |Scientific Life
Published by: Prague Development Center
Keywords: Stepped coupon bonds; factoring; company restructuring; financing
Summary/Abstract: The instrument to be applied in order to raise net circulating capital is stepped coupon bonds, a novel solution non-existent on the Polish market. Restructuring factoring applied sporadically in Poland and Germany is an instrument reducing the demand for the corporate net circulating capital. The article presents the idea of these instruments and the possibility of using them by a company in financial difficulty
Journal: Perspectives of Innovations, Economics and Business, PIEB
- Issue Year: 12/2012
- Issue No: 3
- Page Range: 5-14
- Page Count: 10
- Language: English