أثر إختيار الهيكل المالي على قيمة المؤسسة

Abstract

The company’s main aim is to increase its market value by grasping the advantage of using some financial resources within the limits of acceptable risk and required revenue, which comes only through the construction of a perfect financial structure. Thus the cost of funding reaches the minimum which would increase its value. Maybe one of the most important part of financial structure is the retained earnings. This latter is controlled by the dividend policy which determines the rates of both the retained and distributed profits. The company works through this policy to increase its stock value as much as possible