INFLUENCE UNDERSTANDING OF THE FINANCIAL MARKET’S FUNCTIONING TO THE COMMERCIAL AWARENESS OF ENTERPRISES: FOREIGN EXPERIENCE

  • Zerkal A. associate professor, Phd in Economics, Classic Private University, Deputy Head, Associate Professor of Finance, Entrepreneurship and Stock Exchanges Department
Keywords: Commercial awareness, bonds, finance leasing, enterprise, bank, finance market

Abstract

Basic financial knowledge goes a long way when contemplating the structuring of potential investments, as well as reviewing due diligence documentation prior to an investment being made. Being a public company opens up another avenue of finance, this time on the debt side. The principal types of bank are commercial (lending), investment (securities underwriting and trading) and bundled (both). Enterprises can usually borrow more cheaply by issuing a bond than by getting a loan from a bank, because a bondholder can simply sell the bond to get its money back whereas it is trickier for a bank to sell a loan (loans aren’t designed to be bought and sold in quite the same way). An enterprise’s staff is now required to play a more prominent role in business decisions rendered by an enterprise, as well as help shape their strategy and assist the enterprise to meet its corporate objectives

References

Chan, K. C., Karolyi, G. A., & Stulz, R. M. (1992). Global financial markets and the risk premium on U.S. equity. Journal of Financial Economics, 32, 137–168.

Block, N. (2002), “Concepts of consciousness”, in Chalmers, D.J. (Ed.), Philosophy of Mind: Classical and Contemporary Readings, Oxford University Press, Oxford, pp. 206-18.

Karolyi, G. A., & Stulz, R. M. (2002). Are financial assets priced locally or globally? NBER Working Paper No. 8994.

Ray, G., Barney, J.B. and Muhanna, W.A. (2004), “Capabilities, business processes, and competitive advantage: choosing the dependent variable in empirical tests of the resource-based view”, Strategic Management Journal, Vol. 25, pp. 23-37.

Michelli, J.A. (2007), The Starbucks Experience: 5 Principles for Turning Ordinary into Extraordinary, McGraw-Hill, New York, NY.

Views:

118

Downloads:

170

Published
2018-12-30
Citations
How to Cite
Zerkal A. (2018). INFLUENCE UNDERSTANDING OF THE FINANCIAL MARKET’S FUNCTIONING TO THE COMMERCIAL AWARENESS OF ENTERPRISES: FOREIGN EXPERIENCE. World Science, 2(12(40), 12-15. https://doi.org/10.31435/rsglobal_ws/30122018/6270