IDEAS home Printed from https://ideas.repec.org/a/bal/journl/2256-07422016242.html
   My bibliography  Save this article

Study The Problems Of Optimizing The Capital Structure Of The Company

Author

Listed:
  • Olga Gaydarzhyyska

    (Departments of Finance, Accounting and Audit, National Aviation University, Ukraine)

  • Victoriia Riaboshapka

    (Departments of Finance, Accounting and Audit, National Aviation University, Ukraine)

  • Nataliia Hajdamaka

    (Departments of Finance, Accounting and Audit, National Aviation University, Ukraine)

Abstract

The aim of this work is to study the problem of optimizing the capital structure of the company. Optimization of capital structure is a necessary condition of adaptation the enterprises regardless of the branch of economy to which a company belongs, to changes in the economy in its development. Methods and criteria of optimisation of the capital structure of the enterprise. The method of determining the optimal capital structure of the enterprise according to the criteria of maximizing financial profitability. Technique. The study is based on the theoretical analysis of scientific works and practical activity of enterprises. Results. It is proved that in the process of optimizing the capital structure necessary to take into account the predictable result of economic activity of the enterprise, that is, financial result from usual activity before taxation. The study of problems of optimization of capital structure aimed at opening opportunities for the effective organization of business enterprises, providing conditions for disclosure for businesses achieving the goals of any order, and the creation of opportunities for enterprise maximum level of profit. The principle of optimization is to select the solution that best would take into account internal possibilities and external terms of activity of the enterprise. Optimization is the choice of a certain economic indicator that would allow to compare the effectiveness of any solutions. Also it is advisable to pay attention to the use of different types of loan capital to business enterprises, to know that helps to speed up circulation of funds and increase returns on invested capital, increase the efficiency of financial activities of a business entity. Value. Today, the economic activities of enterprises has a significant impact on the development of trade and economy. The achievement of dynamic growth of the basic indicators of work of enterprises of any sector of the economy, is the basic condition for the solution of domestic enterprises tasks for the organization of effective economic activity, meet the needs of national economy and population, reaching the European standards of service. The conditions that confront the enterprises in modern conditions of development of economy is impossible without attraction of means, and therefore without management of the capital structure.

Suggested Citation

  • Olga Gaydarzhyyska & Victoriia Riaboshapka & Nataliia Hajdamaka, 2016. "Study The Problems Of Optimizing The Capital Structure Of The Company," Baltic Journal of Economic Studies, Publishing house "Baltija Publishing", vol. 2(4).
  • Handle: RePEc:bal:journl:2256-0742:2016:2:4:2
    DOI: 10.30525/2256-0742/2016-2-4-15-20
    as

    Download full text from publisher

    File URL: http://www.baltijapublishing.lv/index.php/issue/article/view/127/134
    Download Restriction: no

    File URL: http://www.baltijapublishing.lv/index.php/issue/article/view/127
    Download Restriction: no

    File URL: https://libkey.io/10.30525/2256-0742/2016-2-4-15-20?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Keywords

    enterprise; optimization; structure; capital; equity; loan capital;
    All these keywords.

    JEL classification:

    • G31 - Financial Economics - - Corporate Finance and Governance - - - Capital Budgeting; Fixed Investment and Inventory Studies
    • M2 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics
    • O16 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Financial Markets; Saving and Capital Investment; Corporate Finance and Governance

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bal:journl:2256-0742:2016:2:4:2. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Anita Jankovska (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.