DIPLOMA Securities as a financial management tool

3 introduction
Chapter 1. Securities as a financing instrument and the capital structure of an enterprise 6
1.1. Factors influencing the decision to use securities as a financing instrument 6
1.1.1. Macroeconomic cycle 6
1.1.2. Business size and use of securities 10
1.1.3. Stages of the business cycle of enterprise development. 15
1.2. The structure and cost of enterprise capital. Factors Determining the Choice Between Debt and Equity Securities 21
1.3. Dividend Policy and Capital Structure of the Enterprise 33
1.4. The choice of the method of placing securities. Advantages and disadvantages of private and public forms of securities placement. 41
Chapter 2. Using securities as an instrument of financing investment activities in Russia 52
2.1. Algorithm for making a decision on the use of securities as a tool for financing the investment activities of enterprises 52
2.2. Place of securities as a financing instrument in Russia 62
Conclusion 73
References 77