+7 925 966 4690, 9am6pm (GMT+3), Monday – Friday
ИД «Финансы и кредит»

JOURNALS

  

FOR AUTHORS

  

SUBSCRIBE

    
Financial Analytics: Science and Experience
 

An analysis of multicriterion problem of capital structure optimization

Vol. 7, Iss. 25, JULY 2014

Available online: 29 June 2014

Subject Heading: MATHEMATICAL METHODS OF ANALYSIS

JEL Classification: 

Pages: 34-41

Kirillov I.V. Novosibirsk State Technical University, Novosibirsk, Russian Federation
kirillov_yu@ngs.ru

Nazimko E.N. Novosibirsk Humanitarian Institute, Novosibirsk, Russian Federation
enn2003@yandex.ru

The article analyzes the economic and mathematical model of optimal (in terms of efficiency and sustainability ratio) of the capital structure of an organization in the form of multicriterion optimization tasks to build the projected balance sheet. The authors point out that the model has been complemented by introducing in rates of growth in sale volumes within the forecast period. The paper emphasizes that its computer-aided realization allows carrying out system analysis of sensitivity in a timely manner.

Keywords: structure, capital, economic and mathematical model, multicriterion optimization problem

References:

  1. Bukhgalterskaia otchetnost' 2006–2012 gg. Otkrytoe aktsionernoe obshchestvo “Shakhta Polosukhinskaia” [Accounting reports for the period of 2006 - 2011. JSC “Polosukhinskaya mine”]. Available at: Link. (accessed 17.08.2013)
  2. Kirillov Iu.V., Nazimko E.N. Mnogokriterial'naia model' optimizatsii struktury kapitala [Multicriterion model of capital structure optimization]. Ekonomicheskii analiz: teoriia i praktika – Economic analysis: theory and practice, 2011, no. 32, pp. 57–63.
  3. Kirillov Iu.V., Nazimko E.N. Reshenie mnogokriterial'noi zadachi optimizatsii struktury kapitala [Solution for multicriterion problem of capital structure optimization]. Ekonomicheskii analiz: teoriia i praktika – Economic analysis: theory and practice, 2013, no. 28, pp. 55–63.
  4. Likhacheva O.N, Shchurov S.A. Dolgosrochnaia i kratkosrochnaia finansovaia politika predpriiatiia [Long-term and short-term financial policy of a company]. Moscow, Vuzovskii uchebnik Publ., 2008, 288 p.
  5. Finansovyi analiz: sovremennyi instrumentarii dlia priniatiia ekonomicheskikh reshenii: uchebnik [Financial analysis: modern tools for making economic decisions: a textbook]. Moscow, Omega-L Publ., 2006, 351 p.

View all articles of issue

 

ISSN 2311-8768 (Online)
ISSN 2073-4484 (Print)

Journal current issue

Vol. 17, Iss. 1
March 2024

Archive