تنسيق قرار التمويل و قرار الاستثمار في المؤسسة - دراسة حالة مؤسسة سونلغاز - المدية

Abstract

Investment decisions: Investment decisions relate to how to allocate available financial resources to achieve the best possible return. These decisions include the selection of projects or assets that will contribute to growth and increase the value of the company. The most important aspects related to investment decisions include: Return and risk analysis: Evaluate the expected returns from the investment against potential risks. Financial instruments: Use tools such as net present value and internal rate of return to assess the feasibility of investment projects. Financing decisions: Financing decisions relate to how to secure the funds needed to implement investment decisions. These decisions aim to identify the most appropriate and least expensive sources of funding that provide sufficient financial flexibility. Key aspects of funding decisions include funding sources: determining whether the money will come from retained earnings loans, or issuing new shares. Cost of capital: Calculate the cost of obtaining funds from various sources to choose the most cost-effective. Capital structure: Balance debt and equity to avoid excessive financial risks and ensure financial stability.