Články autora

On today's competitive market, financing of companies must contend with challenges that arise on it. Furthermore, a competition between companies is intensifying, and customers' requirements as to the quality of the goods and services are constantly increasing. It is important, therefore, that the company should reach financing sources and targets, in spite of the encountered difficulties. The financial strategy of the activity is associated with the process of selecting the most important financial decisions that determine the future development of the company's financial relationship with the environment. The purpose of this article is to present selected aspects of financing and financial management of a company operating on the competitive market. Particular attention has been paid to financing with equity capital (and the risk involved), because the sources of equity financing provide the company with a continued development and benefits for the owners.