Original scientific paper

FINANCIAL STRUCTURE OPTIMIZATION BY USING A GOAL PROGRAMMING APPROACH

Tunjo Perić ; Faculty of Economics and Business, University of Zagreb, Zagreb, Croatia
Zoran Babić ; Faculty of Economics, University of Split, Split, Croatia

Abstract

This paper proposes a new methodology for solving the multiple objective fractional linear programming problems using Taylor’s formula and goal programming techniques. The proposed methodology is tested on the example of company's financial structure optimization. The obtained results indicate the possibility of efficient application of the proposed methodology for company's financial structure optimization as well as for solving other multi-criteria fractional programming problems.

Keywords

multiple objective; fractional linear programming; goal programming; Taylor’s formula; financial structure optimization

Hrčak ID:

96811

URI

https://hrcak.srce.hr/96811

Publication date:

30.12.2012.

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