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Finance and Credit
 

Сomparative analysis of borrower expenses in corporate credits

Vol. 20, Iss. 19, MAY 2014

Available online: 11 May 2014

Subject Heading: Banking

JEL Classification: 

Pages: 33-46

Zhevniak A.V. Institute of Regional Economic Development, Ryazan, Russian Federation
alzhevnyak@yandex.ru

Zhevniak G.A. Yuniastrum Bank (Branch), Ryazan, Russian Federation
zhga62@yandex.ru

The article presents comparative analysis of borrower expenses on service of widespread credit schemes taking into account corporate taxes. The authors consider yield of borrower's business in which acquisition of fixed assets loan is more profitable than buying for their own money without loan.

Keywords: credit, taxes, interest rate, discount rate, reinvestment

References:

  1. Brealey R., Myers S. Printsipy korporativnykh finansov [Principles of corporate finance]. Moscow, Olimp-Biznes Publ., 2008, 1008 p.
  2. Zhevniak A.V. Matematicheskaia teoriia diskontirovaniia denezhnykh potokov. Matematicheskaia teoriia kredita [Mathematical theory of discounting of cash flows. Mathematical theory of credit]. Ryazan, Rinfo Publ., 2010, 384 p.
  3. Zhevniak A.V. Matematicheskie modeli i obshchie svoistva kredita [Mathematical models and general properties of credit]. Finansy i kredit – Finance and credit, 2012, no. 15, pp. 36–44.
  4. Zhevniak A.V. Matematicheskie modeli i otsenki effektivnosti kredita [Mathematical models and estimates of credit efficiency]. Ekonomika i matematicheskie metody – Economy and mathematical methods, 2012, no. 2, pp. 51–66.
  5. Ibragimov R.G. Struktura kapitala i tsennost' kompanii [Capital structure and company’s value]. Rossiiskii zhurnal menedzhmenta – Russian journal of management, 2009, vol. 7, no. 4, pp. 33–56.
  6. Kuznetsov B.T. Investitsii [Investment]. Moscow, Iuniti-Dana Publ., 2010, 623 p.

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ISSN 2311-8709 (Online)
ISSN 2071-4688 (Print)

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