CASH-FLOW SENSITIVITY TO PAYMENTS FOR MATERIAL RESSOURCES
The financing decision is taken based on the expectations concerning the future cash-flows generated in the operating activity, which should provide coverage for the debt service and allow for an increase of the shareholders’ wealth. Still, the future cash-flows are affected by risk, which makes the...
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Format: | Article |
Language: | fra |
Published: |
Romanian Foundation for Business Intelligence
2014-12-01
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Series: | Management Intercultural |
Subjects: | |
Online Access: |
https://seaopenresearch.eu/Journals/articles/MI_32_3.pdf
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