CONSIDERATIONS CONCERNING THE DETERMINANTS OF THE FIRMS’ DEBT

The capital structure of an enterprise represents one of the most debated subjects in theoretical and applied finance. In the current period of deep financial disturbances at macro and microeconomic levels, capital owners select investment with much more attention, by comparing the dividend rate, offered by the enterprise, and the interest rate of the bank or the profit rate obtained from other investments. Banking markets involve productivity, risk and consumer satisfaction. The risk factor is the main activity that the bank is focused on. Under these circumstances, it is certain that the situation and the image of the enterprise depend on the profit rate which, if looked at in terms of the use of profit as development source and as a method to gain capitals, ultimately determines the place of the enterprise on the market.