Český finanční a účetní časopis 2007(3):79-83 | DOI: 10.18267/j.cfuc.236
Capital Structure versus Rating
- Ing. Pavel Marinič, Ph.D., M.B.A. - odborný asistent; Katedra financí a oceňování podniku, Fakulta financí a účetnictví, Vysoká škola ekonomická v Praze, nám. W. Churchilla 4, 130 67 Praha 3; <marinic@vse.cz>.
Economic rising request a new types and form and resources for financing needs and investing. Clear chance appears use of rating in financials decisions. Rating impacts capital structure and has influence final decision on acceptance of capital investment and capital structure. Anticipation of credit rating is possible in the case reflect the long-term development value of firm.
Keywords: Risk; Capital investment; Value; Beta; Cost of capital; Efficiency.
JEL classification: G30
Published: October 1, 2007 Show citation
References
- Kisgen, D. J. (2006): Credit Ratings and Capital Structure. Journal of Finance, roč. 61, č. 3, s. 1035-1072.
Go to original source... - Mařík M. - Maříková P. (2001): Diskontní míra v oceňování. Praha, Oeconomica, 2001.
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