THE ROLE OF SELF – FUNDING IN ECONOMIC GROWTH OF COMMERCIAL COMPANIES
Abstract
Self-funding ixs generally the pivot of enterprises funding and for some of them, the exclusive source of funding in the decisive phases of development, being thus an always current subject, and our concern during this scientific approach. It is undoubtedly clearer that self-funding corresponds to a monetary surplus released by the enterprise from its activity and used to finance future development. The company is self-funding when it obtains a profit that can serve both as remuneration of the capital employed and as a source of investment that will contribute to increasing and maintaining its competitiveness on the market.
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