用多目标规划法优化企业资本结构

探讨了传统资本结构决策方法中利用资金成本最低作为最优资本结构标准的局限性，提出资本结构决策受多种因素影响的观点，认为企业资本结构决策是综合资金成本，企业的风险因素，获得压力，资本保值增值率等影响因素后的结果，并将多目标规划方法应用到资本结构决策之中，给出最优资本结构决策的目标函数和约束议程，以及相应的规划模型的应用算例。

Optimizing Capital Structure of Enterprises by Multiobjective Programming Model

This paper puts forward that capital structure is affected by cost of capital?risk?the agin ability? and the ability of capital value preserved and added, several factors, of and at the same time the authors analyzes them by approaching the limitation of regarding the weighted average cost of capital as the optimal standard of capital structure in the traditional capital structure decision-making method. Therefore multiobjective-programming method is applied in the capital structure to establish the target function and its subjection equations. Furthermore , this article shows its application.