Optimization of the corporation’s capital structure

Optimization of the corporation’s capital structure, which involves determining the optimal combination of various sources of its financing, is one of the key tasks of financial management. The purpose of this study is to study and generalize the relevant theoretical and methodological basis, identify conceptual approaches to optimizing the capital structure of a corporation, and their comparative critical analysis. In the course of the research, universal methods of scientific cognition were used, such as categorization, structural and logical analysis, synthesis, classification and comparison. It is established that the main target criteria for optimizing the capital structure of a corporation are: minimizing the weighted average cost of its capital; maximizing market value; maximizing net profit per share; minimizing the level of aggregate risk; maximizing return on equity. Each of the indicated approaches is considered in detail, the advantages and limitations of its practical application are revealed.