Abstract
AbstractThis paper presents a multiobjective financial planning model and a technique for characterizing its solutions through the visual exploration of the reference point space. The financial planning model includes two objectives: (1) to maximize the company's value and (2) to stabilize the company's capital structure. The model also considers other planning issues like the balance of funds, the stabilization of dividend payout over the years and some limitations on debt. A technique of visual exploration of the reference point space is proposed in order to characterize the non‐dominated (efficient) model solutions. The underlying idea is not simply to choose a plan or a strategy, but to learn, explore and classify different decision strategies, gaining insight into them according to the preferred model of the decision makers.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callMore From: International Transactions in Operational Research
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
