MEZZANINE DEBT: BENEFITS OR DRAWBACKS FOR FIRM’S FINANCING?
Journal Title: Revista Tinerilor Economisti - Year 2009, Vol 1, Issue 12
Abstract
Mezzanine finance is an alternative source of finance to debt and equity and it can be helpful in financing the start-up and firms’ expansion. But in order to take their investment decisions, the firms should compare the benefits and challenges generated by this form of financing in function of their development stage or the specific features of their activities. Despite the fact that mezzanine finance instruments are gaining in importance, and the advantages overtake the disadvantages, they still remain little used compared with traditional forms of financing (loan financing).
Authors and Affiliations
Laura Vasilescu
TOURISM, PART OF EUROPEAN POLICY
Developing tourism has a direct impact on economic, social and environmental conditions; consequently, it can and must be an important means of enhancing European citizens' quality of life and must be used as such. Ho...
FOREIGN DIRECT INVESTMENT AND ECONOMIC GROWTH
How does foreign direct investment triggered by foreign economic growth affect domestic economic activity? Estimates produced using foreign GDP growth rates for changes in foreign activity indicate that 10% greater fo...
BETWEEN THE CONTROL PERCENTAGE AND INTEREST PERCENTAGE IN ASSURING A FAIR<br /> IMAGE OF THE GROUP OF ENTITIES
At present, in Romania, the organizational-functional-juridical entity – the group of entity – perceived as an economical reality with an importance that competes with one of the individual entity, in the sense that w...
THE SERVICES, THE LASTING DEVELOPMENT AND THE QUALITY OF LIFE IN THE ROMANIAN<br /> SOCIETY
The publication necessity of this paper it’s also owed to the absence of some answers about the evaluation way of the services dynamic, of some fields efficiency, others’ for making them able to attract labour force a...
IMPACT OF FINANCIAL CRISIS ON DEVELOPING COUNTRIES
This paper aims to discusses in a critically manner the crisis and concludes that as far as the developing countries are concerned, a bit more optimism may be warranted. Although without doubt there are particular cou...