Alternative Approaches To Stimulation Of Corporate Bonds Issues In The Czech Republic

The paper deals with the problems of optimization of financial structure in theoretical as well as in practical level. Attention is paid to alternative approaches of creation of optimal financial structure both in the Czech Republic and abroad, especially in the European Union. The role and the task of corporate bonds as a source of funds are also discussed. Firstly, the point of view of capital demand is explained; secondly, the point of view of issuer is clarified. Advantages and disadvantages of corporate bonds are mentioned as well. Attention is also focused on institutional support of corporate bonds issues. Finally, decision optimization in terms of corporate bonds emission nature is referred to.