Corporate Debt in Central Europe By Les Nemethy and Sergey Glekov
Non-financial corporations can typically use two types of debt funding – bank loans and debt securities (e.g. bonds).
Dividend Policy in Public and Private Companies By Les Nemethy and Sergey Glekov
Dividend is usually discussed in the context of public companies. Like share buybacks, it is a way of putting cash back to shareholders.
The “Small Business” Trap By Les Nemethy
Running a small business is arguably more difficult than running a large one. I have done both, and that has certainly been my experience.