The complete liberalization of international trade led to important changes in financial performances of the national enterprises. This paper has in view to present the consequences of these changes from the macroeconomic ...

The purpose of dividend policy, promoted by a joint-stock company may be: building trust and forming a true business ownership, business growth, increase creditworthiness of the company and of trust others to it. The ...

The changes in capital structure and in financial components of a company have a particular importance in choosing optimal financing decision, in determining the impact of changes in capital structure and of elements ...

The capital structure problem is important and because of the influence of leverage effect on return on equity. This paper aims to study the influence of financial leverage effect on company profitability, using financial ...

In this paper we are proposing to approach a theme very topical in our country: choose of the most profitable and comfortable sources of financing. The major objective of research in this work is the foundation of essential ...

The purpose of this paper is to study the impact of listed companies’ indebtedness on their financial performance. Theoretical research was relied on the specialty literature concerning the analysis of the capital structure ...

The importance given to the problem of capital structure comes from the influence of debts on return on equity and the financial risk induced by debts. This paper is actually an analysis of the evolution of financial ...