ENGLISH

Financial architecture

Book information

Language
english
Format
PDF
Filesize
246 kB (252013 bytes)
Pages
\9
Topic
Economy
Library
twirpx
Time added
2017-08-07 07:01:42

Description

// European Financial Management, 1999. – Vol. 5 – P.133-141Key words: financial structure, high-tech firms, conglomerates, LBOs.This paper proposes a new approach to the study of corporate finance based on the concept of the financial architecture of the company. Determined that the financial architecture means the entire financial design of the business, including ownership (e.g. concentrated vs. dispersed), the legal form of organization (e.g.corporation vs. limited-life partnership), incentives, financing and allocation of risk.Статья известного американского экономиста о концепции финансовой архитектуры компании. Ключевые слова: финансовая структура, хай-тек фирмы, конгломераты, долговое финансирование.

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