CAPITAL STRUCTURING

Chia sẻ: Nguyen Bao Ngoc | Ngày: | Loại File: PDF | Số trang:110

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CAPITAL STRUCTURING

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In one way or another, business activity must be financed. Without finance to support their fixed assets and working capital requirements, businesses could not exist. There are three primary sources of finance for companies: ● a cash surplus from operating activities ● new equity funding ● borrowing from bank and non-bank sources. Non-bank sources are mainly investors in the capital markets who subscribe for bonds and other securities issued by companies.

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