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LIBROS DEL AUTOR: gerhard fels

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Wiederbelebung der privaten Investitionstätigkeit als wirtschaftspolitische Aufgabe. Finanzwirtschaftliche Planung in der Unternehmung bei Geldentwertung

Gerhard Fels

The paper deals with the problem, how the profits of a firm are in fluenced by inflation; some conclusions are drawn for the firm’s invest ment and financing policy. Profit is defined as the part of cash flow which may be distributed to owners without impairing the firm’s real capital. For a firm with a positive profit stream under constant prices i...

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