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Ivanova M.M. - Financial Structure of a Company as a New System Construction
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pp. 111-116
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DOI: 10.7256/2306-4595.2013.1.539
Abstract: Modern companies have the following basic structural components: the structure of property, the structure of capital assets and the structure of corporate management. These structural components altogether are called 'financial structure of a company. The author of the article offers a detailed analysis of this system construction. Financial structure of the company means a 'financial design of business that covers property, form of incorporation, stimulus, financial funs and distribution of risks between investors'. The concept of financial structure assumes a complex approach combining ifferent structural components of a company. In order to develop this model in the future, we need to develop a new stage of the complex approach to moderling of corporate efficiency. Besides the structures of property and capital assets, a company has a number of other features defining the efficiency of its activity. These features include: 1) the size of the Board of Directors, 2) the number of independent directors, 3)legal form of a company and other factors covered by the term 'financial structure'.
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