Eндогенни елементи на фирмената задлъжнялост в България
Endogenous Elements of the Firm Indebtedness in Bulgaria
Author(s): Ivailo YankovSubject(s): Economy, National Economy, Business Economy / Management
Published by: Институт за икономически изследвания при Българска академия на науките
Keywords: G30; G32
Summary/Abstract: The firm indebtedness is a extensively studied topic in the contemporary economic literature. Researchers in Bulgaria and Europe most often focus on the relations between the indebtedness and the general macroeconomic performance, the optimal choice of the firm debt structure, approaches for its restructuring, tendencies in emissions of corporate bonds and the economic effects of the deleveraging processes. The paper presents the data for some poorly studied and ignored endogenous elements of internal firm policies generating firm indebtedness, received from a study of indebtedness of non-financial enterprises in Bulgaria in 2013. These are mainly data for firm policies for delivery, firm savings, intentions for investment activity and compensation mechanisms for balancing the firm finances. The paper shows also the main firm preventive measures and practices against potential problems from accumulating indebtedness.
Journal: Икономически изследвания
- Issue Year: 2016
- Issue No: 1
- Page Range: 126-140
- Page Count: 15
- Language: Bulgarian