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Optimization Approach to Asset and Capital Structure of Companies
Business school, National University of Mongolia, Ulaanbaatar, Mongolia
School of Information Technology and Electronics, National University of Mongolia, Ulaanbaatar, Mongolia
Business School, National University of Mongolia, Ulaanbaatar, Mongolia
Accounting Department, University of Finance and Economics, Ulaanbaatar, Mongolia
- 1 Business school, National University of Mongolia, Ulaanbaatar, Mongolia
- 2 School of Information Technology and Electronics, National University of Mongolia, Ulaanbaatar, Mongolia
- 3 Business School, National University of Mongolia, Ulaanbaatar, Mongolia
- 4 Accounting Department, University of Finance and Economics, Ulaanbaatar, Mongolia
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Abstract
Optimizing a company’s asset and capital structure has a positive effect on reducing capital costs and increasing the use of assets. In this paper, we consider the optimization problem of a company’s asset and capital structure. The proposed model is formulated as a fractional programming problem. The problem was solved numerically on “ Mat-lab ” using data from Mongolian mining companies. Numerical results are provided.
KeywordsAsset StructureCapital StructureNet Working CapitalMongolian Mining Companies
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