| dc.contributor.author | Toma, Dorina Emilia | |
| dc.date.accessioned | 2015-11-10T08:39:14Z | |
| dc.date.available | 2015-11-10T08:39:14Z | |
| dc.date.issued | 2014 | |
| dc.identifier.issn | 1584-0409 | |
| dc.identifier.uri | http://10.11.10.50/xmlui/handle/123456789/3630 | |
| dc.description | Annals of “Dunarea de Jos” University of Galati
Fascicle I. Economics and Applied Informatics | en_US |
| dc.description.abstract | This paper is aimed at highlighting the importance of the cost of capital as a discount rate of
investment in making an investment decision in the ROMNAV Brăila company. This study
carefully puts forward the existence of four possible cases to which companies may belong:
unlevered and investments to maintain the productive capacity will be made; indebted and
investments to maintain the productive capacity will be made; unlevered and new
investments will be undertaken and indebted and new investments will be undertaken. The
results of the study show that the average cost of capital is higher when the company turns
to debt; the market value of the company is higher when it is indebted and new investments
will be made and the cost of capital can be used as a discount rate of the company
assessment | en_US |
| dc.language.iso | en | en_US |
| dc.publisher | “Dunarea de Jos” University of Galati | en_US |
| dc.subject | Opportunity cost of capital | en_US |
| dc.subject | Rate of return | en_US |
| dc.subject | Discount rate of an investment | en_US |
| dc.title | The Influence of Company's Capital Cost on Investment Decision | en_US |
| dc.type | Article | en_US |
