학술논문
THE DEMAND FOR FUNDS BY AMERICAN BUSINESS ENTERPRISES: RETROSPECT AND PROSPECT II.
Document Type
Article
Author
Source
Journal of Finance (Wiley-Blackwell); Mar1949, Vol. 4 Issue 1, p47-59, 13p
Subject
Language
ISSN
00221082
Abstract
The article examines the demand for funds by business enterprises in the United States during the years 1946-1948. Several developments characterized American business financing during this period. These developments include, an increase in outlays on new plants and equipment, a postwar increase in the dollar value of inventories carried on the books of non-financial corporations, a reduction in non-financial business corporations' liquidity, rise in corporate profits after taxes and a move to external sources of funds by businesses.