Impact of company capital structure on of its value growth estimation
Rattles The article analyses the influence of the use of commercial loans on the free cash flow generation based on cost-based management concept.It is shown that the use of commercial credit instead of the usual short-term lending reduces the force of the operational lever.On the other hand, when calculating the economic added value indicators, the use of conventional lending leads to Curio the increase in the economic added value and as a result of the higher cost of growth.This effect is associated with the redistribution of cash outflows and changes in the level of risk for the stakeholders of the enterprise.