Specyfika finansowania inwestycji kredytem inwestycyjnym i obligacjami korporacyjnymi oraz czynniki wpływające na wybór źródła finansowania inwestycji

• Authors: Letkowski, Dariusz

Title variants

PL

Influence of Financing Cost on Investment Profitability

Abstracts

EN

The aim of the article is to present the main funding sources of companies’ investment activities. The specificity of investment credits and corporate bonds is presented, as well as market data concerning both funding sources. The latest observed volatility of financial markets has great influence on companies financial results and cash flows in particular. Uncertain market conditions rise financing cost, that determines investments’ financial profitability. Credit crunch and adverse market conditions result in observed restrictions of banks’ credit activity. Thus enterprises are forced to look for other financing sources, such as Catalyst’s market bonds. In conclusion, any usage of credit or bonds financing should be in practice analyzed from profitability and risk perspective, apparently submitted and supported by diligent business verification.

• Publisher: Uniwersytet Łódzki. Wydawnictwo Uniwersytetu Łódzkiego
• Journal: Acta Universitatis Lodziensis. Folia Oeconomica
• Year: 2013
• Volume: 284

Dates

published

2013

Contributors

author

Letkowski, Dariusz

other

Uniwersytet Łódzki, Instytut Finansów, Bankowości i Ubezpieczeń, Katedra Finansów i Rachunkowości MSP

Identifiers

URI

http://hdl.handle.net/11089/10299