Corporate finance & Treasury
Vreemd vermogen op lange termijn
Janzing RA, drs. G.B.M.
Handboek Treasury Management, 2007
De functie van het vreemd vermogen is meerzijdig: enerzijds wordt hierdoor het financieren met eigen vermogen aangevuld, terwijl anderzijds het financieren met vreemd vermogen de aanwezigheid van voldoende eigen vermogen veronderstelt en noodzakelijk gemaakt. Voorts wijken de kosten van het vreemd vermogen af van die van het eigen vermogen, enerzijds door de fiscale behandeling van de rentepost en anderzijds door het risicomijdend karakter. Door dit verschil in kosten heeft het vreemd vermogen een versterkende invloed op het rendement van het eigen vermogen, welk verschijnsel bekend staat onder de naam van hefboomwerking.
Deze auteur publiceerde ook
Janzing RA, drs. G.B.M. | 1997
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Corporate finance & T...
Janzing RA, drs. G.B.M. | 1994
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Janzing RA, drs. G.B.M. | 1995
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Organisatie en processen
Janzing RA, drs. G.B.M. | 2004
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Janzing RA, drs. G.B.M. | 2007
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