Companies finance most of their act

Companies finance most of their activities by way of internally generated cash flows. If they need more money, they can either sell shares or borrow, usually by issuing bonds. More and more companies now issue their own bonds rather than borrow from banks, because this is often cheaper: the market may be a better judge of the firm's creditworthiness than a bank, i.e., it may lend money at a lower interest rate. This is evidently not a good thing for the banks, which now have to lend large amounts of money to borrowers that are much less secure than blue chip companies.

Результаты (английский) 1:

Companies finance most of their activities by way of internally generated cash flows. If they need more money, they can either sell shares or borrow, usually by issuing bonds. More and more companies now issue their own bonds rather than borrow from banks, because this is often cheaper: the market may be a better judge of the firm's than a bank's creditworthiness, i.e., it may lend money at a lower interest rate. This is evidently not a good thing for the banks, which now have to lend large amounts of money to borrowers that are much less secure than blue chip companies.

Результаты (английский) 3:

companies finance most of their activities by way of internally generated cash flows. if they need more money, they can either sell shares or borrow, usually by issuing bonds. more and more companies now issue their own bonds rather than borrow from banks, because this is often do, the market may be a better judge of the firm 's creditworthiness than a bank, i.e., it may make money at a lower interest rate. this is evidently not a good thing for the banks, which now have to make large amounts of money to borrowers that are much less secure than blue chip companies.