毕业设计（论文）多目标规划法在企业资本结构优化的应用探讨.docxVIP

摘 要本文研究的是怎样对资本结构进行优化，在对以往研究进行整理归纳后，提出用多目标规划法建模进行优化配置。要想解决该问题,必须搞清楚多目标规划法以及企业资本结构的相关内容，才能准确的建立模型求得最优资本结构。首先，介绍了线性规划的几个要素，进而引进多目标规划法。简述资本结构的主要构成及基本概念。多目标规划法是建立在线性规划的基础之上更为科学的一种方法，利用该方法建模来解决企业管理方面的问题。建立模型需要有足够的条件支持，继而分析影响资本结构优化的因素，通过内外两大方面。假定外部环境在一段时期内不发生明显变化，从而设置约束条件时可只考虑内部因素。本文结合客观实际总结五点因素即五个约束条件：资本构成、获利指标、成长性指标、企业偿债能力以及风险因素。将财务指标转换成数学模型，从而建立总的优化模型。最后，经过分析哈森有限公司的财务报表，结合所建立模型，应用到该企业中，求得哈森集团最优的资本结构为：资产负债率48%，权益与总资产总额之比为52%。关键词 多目标规划法；企业资本结构；财务指标；优化模型AbstractThis paper studies how to optimize the capital structure. After summarizing the previous research, this paper proposes a multi-objective programming method to optimize the allocation.To solve this problem, it is necessary to understand the multi-objective planning method and the relevant content of the enterprise capital structure,And then we can accurately establish the model to obtain the optimal capital structure.First, we introduce several elements of linear programming, and then introduce multi-objective programming method. Briefly on the main structure and basic concept of capital structure. Multi-objective programming method is based on the linear programming on the basis of a more scientific method, the use of the method to solve the problem of enterprise management.The establishment of the model needs to have sufficient conditions to support, and then analyze the factors that affect the optimization of capital structure, through both inside and outside the two aspects. Assuming that the external environment does not change significantly over a period of time, only the internal factors can be considered when setting constraints. This paper combines five objective factors: capital composition, profit index, growth index, enterprise solvency and risk factors. The financial model is transformed into a mathematical model to establish a general optimization model.Finally, after analyzing the financial statements of Hassan Company, combined with the established model, applied to the enterprise, the Hassan Groups o