EFFICIENCY OF CAPITAL STRUCTURES IN THE PROCESS OF ENTERPRISE CAPITALIZATION
EFFICIENCY OF CAPITAL STRUCTURES IN THE PROCESS OF ENTERPRISE CAPITALIZATION
Author(s): Dragoş Ilie, Elena BicăSubject(s): Economy
Published by: Editura Universităţii Vasile Goldiş
Keywords: capitalization; capitals structure; lever effect; economic profitableness.
Summary/Abstract: The negative effects of world credit crisis have felt the effects on the enterprise activities by their capitals structure, too. The companies which had a capital structure in which the borrowed capitals had a big share fully felt the credit crisis effects. The increasing of the rate of exchange, banking interests and also the limitation of the access to banking credits have led to serious imbalances in the activity of economic agents. Bankruptcies have appeared and they will not stop here. To avoid such situations it is required a capital structure orientated to the capitalization of economic agents and having as a starting point the ratio between economic profitableness and rate of interest for the contracted credits.
Journal: Studia Universitatis Vasile Goldiş, Arad - Seria Ştiinţe Economice
- Issue Year: 19/2009
- Issue No: 4
- Page Range: 205-210
- Page Count: 6
- Language: Romanian