Prioritize the factors affecting the choice of mode of financing in Iran using TOPSIS method based on the fuzzy linguistic variables
Subject Areas : Financial engineering
Keywords: financing, source of funding, company, Political factors, economical factors,
Abstract :
In recent years Financing tools have increasingly growth. With Development of tools and methods of financing, financial managers are faced with a very important decision. Financial managers are always faced with the question of what financial instruments can be be useful in financing their needs. In this study, we have tried to identify, categorize and prioritize the factors affecting the choice of financing methods by using verbal variables and in fuzzy environment. Factors affecting the choice of financing is divided into three general categories. These factors include: factors relating to sources of financing, the financed company or project and macro-political and economical factors. Then, for each of the general categories, a number of sub- factors expressed and the factors based on the importance has been prioritized. This study is functional study and by using the fuzzy TOPSIS method has prioritized the factors.