On the Use of the Policy of Financial Leverage in the Promotion of the Sustainable Development of Enterprises
2006
Financial leverage policies can produce important effects on the sustainable development of the enterprises. This paper elaborates on types of financial leverage policies and the factors restricting their selection and proposes that businesses should decide on a rational debt level in accordance with the impact of the environment and maintain a good balance between financial flexibility and the use of financial leverage and strengthen the adjusting capacity of the financial leverage. It is also stressed that the use of the financial leverage should be matched with the cash flow expected to be realized by the company and the measures to implement that policy. for the promotion of the sustainability of the company...
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