TY - JOUR ID - 129637 TI - Providing a Model for Optimal Capital Structure in Gas Refining Companies and Determining Parameters Using the AHP Method JO - Petroleum Business Review JA - PBR LA - en SN - 2645-4726 AU - Alimoradi Gaghdari, Somayeh AU - Mehrabanpour, Mohamad Reza AU - Najafimoghadam, Ali AD - Ph.D. Candidate, Department of Fnancial Management,Kish International Branch, Islamic Azad University, Kish island, Iran AD - Assistant Professor, Department of Management and Accounting, University of Tehran AD - Assistant Professor, Department of Accounting, Islamic Azad University, Tehran, South Tehran Branch, Iran Y1 - 2021 PY - 2021 VL - 5 IS - 2 SP - 25 EP - 35 KW - AHP KW - Financing KW - Fuzzy Delphi KW - oil and gas reserves KW - working capital DO - 10.22050/pbr.2021.270402.1164 N2 - Companies have access to various financial resources to implement available profitable investment projects, settle overdue debts, increase working capital, and pay dividends to shareholders. Correct decision-making and the ability of companies to determine the appropriate financial resources are the main factors in company success. The effects of financing on the company’s return and risk are the most important goals that management should consider when choosing a financing method and selecting resources that minimize financing costs. In this research, the fuzzy Delphi method was first used to identify financing methods and the criteria for selecting the appropriate financing method. Then, the AHP method was used to prioritize the parameters. This study showed that efficiency, cost, sustainability, operationality, fairness, and transparency are the most important criteria for selecting financing methods in gas companies. Forming subsidiary consortia, receiving facilities, issuing participation bonds, creating an investing company, presence in the stock market, creating a shareholder plan have also been identified as financing methods UR - https://pbr.put.ac.ir/article_129637.html L1 - https://pbr.put.ac.ir/article_129637_fa00facd18e3f21c4c3e8b190786aa2f.pdf ER -