文章基本信息

标题：THE ANALYSIS OF LEVERAGE INFLUENCE ON PERFORMANCE
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作者：Stanculescu, Andrei
期刊名称：Theoretical and Applied Economics
印刷版ISSN：1841-8678
电子版ISSN：1844-0029
出版年度：2008
卷号：12(517)(supplement)
期号：12(517)(supplement)
页码：104-107
出版社：Asociatia Generala a Economistilor din Romania - AGER
摘要：The financing sources selection for an enterprise is a major issue in corporate finance because it will eventually impact on financial performance. Although there are a multitude of studies on the subject, there still has not been reached a common denominator to enable scientific research to produce certain models of capital structure management in order to achieve the major goal in finance, respectively the maximization of shareholdersâ€™ wealth or market value of the enterprise. Starting from the classical principles of finance, best illustrated by the model of Modigliani & Miller, and by presenting some relevant studies conducted on the Romanian market, we offer a brief analysis approach regarding leverage influence on corporate performance.
关键词：degree of leverage; capital market; correlation; classical finance; financial return.