Risk of the firm's activity influences capital securities risk and vice versa: more risky activity - more risky securities for potential stockholders. Risk of firm's activity is understood as a variability of futures cash flows or possibility of going to bankruptcy. Risk reduction is the most important manager's task. A dependency of variability of securities prices on firm's activity risk valuation is described in the paper. Some statistic measures of the risk and risk reduction possibilities (measured by standard deviation) by merging are presented.
JavaScript jest wyłączony w Twojej przeglądarce internetowej. Włącz go, a następnie odśwież stronę, aby móc w pełni z niej korzystać.