Scenarios of grounding the financial structure of the enterprise

Abstract

The creation of an optimal financial structure of the invested capital will allow the act of minimizing the balanced medium cost of the capital and implicitly the act of maximizing the enterprise value. As a result, there exists a interdependence between the capitals’ costs – financial structure and that is why the issue of optimizing the capital structure makes the object of the capital structure policy, being an issue of financial management which differentiates, from the point of view of the efficiency, the competitors with similar financial efforts.financial structure, capital structure, CAPM, Gordon/Shapiro model