Providing a model for optimal capital structure in gas refining companies and determining parameters using the AHP method

Publish Year: 1400
نوع سند: مقاله ژورنالی
زبان: English
View: 172

This Paper With 12 Page And PDF Format Ready To Download

  • Certificate
  • من نویسنده این مقاله هستم

استخراج به نرم افزارهای پژوهشی:

لینک ثابت به این Paper:

شناسه ملی سند علمی:

JR_PBR-5-2_002

تاریخ نمایه سازی: 3 آذر 1400

Abstract:

Companies have access to a variety of financial resources to implement available profitable investment projects, to settle overdue debts, to increase working capital, and to pay dividends to shareholders Correct decision making and the ability of companies to determine the appropriate financial resources are the main factors of company success. The effects of financing on the company's return and risk are the most important goals that management should pay attention to when choosing a financing method, and select resources that minimize financing costs. In this research, first, to identify financing methods and also the criteria for selecting the appropriate financing method, the fuzzy Delphi method has been used. Then, the AHP method was used to prioritize the parameters. The results of this study showed that the factors of efficiency, cost, sustainability, operationality, fairness, and transparency are the most important criteria for selecting financing methods in gas companies and also forming subsidiary consortia, receiving facilities, issuing participation bonds, creating an investing companies, presence in the stock market, creating a plan as a shareholder, have been identified as financing methods.

Keywords:

working capital , oil and gas reserves , Fuzzy Delphi , AHP , Financing

Authors

Somayeh Alimoradi Gaghdari

Ph.D. Candidate, Department of Fnancial Management,Kish International Branch, Islamic Azad University, Kish island, Iran

Mohamad Reza Mehrabanpour

Assistant Professor, Department of Management and Accounting, University of Tehran

Ali Najafimoghadam

Assistant Professor, Department of Accounting, Islamic Azad University, Tehran, South Tehran Branch, Iran

مراجع و منابع این Paper:

لیست زیر مراجع و منابع استفاده شده در این Paper را نمایش می دهد. این مراجع به صورت کاملا ماشینی و بر اساس هوش مصنوعی استخراج شده اند و لذا ممکن است دارای اشکالاتی باشند که به مرور زمان دقت استخراج این محتوا افزایش می یابد. مراجعی که مقالات مربوط به آنها در سیویلیکا نمایه شده و پیدا شده اند، به خود Paper لینک شده اند :
  • Abolfathi, F., Hasheminejad, M, Ebrahimi, B., (۲۰۱۹), Review of Financing ...
  • Antonczyk, R. C., & Salzmann, A. J.. (۲۰۱۴). Overconfidence And ...
  • Alan, Y., & Gaur, V., (۲۰۱۸). Operational Investment and Capital ...
  • Barison, A., (۲۰۲۰). IAG Company's Optimal Capital Structure Reached Through ...
  • Bhardwaj, A. (۲۰۱۸). Financial Leverage and Firm's Value: A Study ...
  • Gao, J., & You, F., (۲۰۱۷), Game Theory Approach to ...
  • Cummins, J. D., & Weiss, M. A., (۲۰۱۶). Equity Capital, ...
  • Cunico, E., Cirani, C. B. S., Lopes, E. L., & ...
  • Deangelo, H., & Stulz, R. M., (۲۰۱۵), Liquid-claim Production, Risk ...
  • Devereux, M. P., Maffini, G., & Xing, J., (۲۰۱۸). Corporate ...
  • Donkor, E. A., & Duffey, M., (۲۰۱۳), Optimal Capital Structure ...
  • Hanna, R., Ghonima, M., Kleissl, J., Tynan, G., & Victor, ...
  • Klasa, S., Ortiz-Molina, H., Serfling, M., & Srinivasan, S. (۲۰۱۸), ...
  • Kutzker, T., Lahmann, A. D., & Schreiter, M., (۲۰۱۷), Illiquidity ...
  • Levine, O., & Wu, Y., (۲۰۲۰), Asset Volatility and Capital ...
  • Mu, C., Wang, A., & Yang, J., (۲۰۱۷), Optimal Capital ...
  • Net/Www/Conference۲۰۱۵/Syn Nwilliams, Pdf ...
  • Ramalho, J. J., Rita, R. M., & Da Silva, J. ...
  • Salim, K. C., (۲۰۱۹), The Speed of Adjustment Towards Optimal ...
  • Spitsin, V., Vukovic, D., Anokhin, S., & Spitsina, L., (۲۰۲۰), ...
  • Sundaresan, S. , (۲۰۱۳), A Review of Merton’s Model of ...
  • Synn, C., & Williams, C., (۲۰۱۵), Financial Reporting Quality and ...
  • Net/Www/Conference۲۰۱۵/Syn Nwilliams. Pdf ...
  • نمایش کامل مراجع