Optimal Capital Structure Decision-making under Benefits,Opportunities,Costs,and Risks
Over the past decades,the complexity of financial decisions has increased rapidly.Thus,in order to help firms to make financing capital structure decision-making more efficient and precise,developing and implementing sophisticated quantitative analysis methodologies have become a critical issue.One of these useful techniques is analytic hierarchy process (AHP) associated with benefits,opportunities,costs and risks (BOCR).The paper first analyzes critical factors of financial capital structure,and then AHP with BOCR is applied to help firms to make financial structure decision-making.
Analytic hierarchy process (AHP) Financing decision Capital structure
Xie Wei Feng Hsing Hung Chen
Faculty of Management and Administration,Macau University of Science and Tech-nology,Macau,China
国际会议
长沙
英文
28-34
2008-10-28(万方平台首次上网日期,不代表论文的发表时间)