The study of effective variables on capital structure
by Vahab Bashiri; Hamidreza Salehi; Mohsen Nowruzi; Aein Ghorbani Ghashghaeinejad; Mohsen Rezaei; Alireza Hamedi
International Journal of Business Forecasting and Marketing Intelligence (IJBFMI), Vol. 4, No. 2, 2018

Abstract: Capital structure decision is a challenging problem. The choice of optimal capital structure is very important for the company's continuity and leads to survival in the competitive world. Some researchers have presented variety theories for recognise optimal capital structure and a number of them believe that financial flexibility affects on capital structure as well as firms are able to maximise the firm value through mobilise its financial resources. So, due to importance of this matter, in this study MLP and RBF methods are used to review of the relationship between financial flexibility and capital structure of firms. We are using financial flexibility variables as input data and capital structure as output data. Experimental results indicate that both of different sub-models of NN (MLP and RBF) are good tools for predicting the outputs based on inputs and there is an effective relationship between financial flexibility and capital structure as well.

Online publication date: Wed, 14-Feb-2018

The full text of this article is only available to individual subscribers or to users at subscribing institutions.

 
Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.

Pay per view:
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.

Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Business Forecasting and Marketing Intelligence (IJBFMI):
Login with your Inderscience username and password:

    Username:        Password:         

Forgotten your password?


Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.

If you still need assistance, please email subs@inderscience.com