The Optimization Of Real-Estate Enterprises Financing Structure In China

The real estate industry is one of the industries that promote the fast economy growth of China. The steady and healthy development of real estate will produce a far-reaching influence on the Chinese economy growth. The study on financing structure optimization of domestic real estate enterprises has become a focal point in academia. The purpose of this paper is to offer a reasonable and scientific model for the financing structure decision-making of the real estate enterprises, which is expected to promote the development of the real estate industry healthily and to guarantee the development of the whole industry stably.First, based on the analysis of current financing structure and main problems of Chinese real estate enterprises,,this paper expounds the importance of study on the financing structure optimization of real estate enterprises. The limitation of the financing structural theories and models of current domestic and international enterprises are analyzed and evaluated to suit the research of this paper. Then the factors influencing the financing structure optimization of the real estate enterprises in China are analyzed on the basis of defining the financing structure of the domestic real estate enterprises to develop the evaluation index of the financing structure optimization, which establishes the foundation for reasonable and scientific decision-making.This paper introduces theories of entropy optimization, entropy right and multi-objective decision-making on the basis of analysis and evaluation of current situation of real estate enterprises, the theory of financing structure and the influencing factors of real estate enterprises, and designs the multi-objective decision-making model based on entropy optimization which could obtain the optimum scheme of real estate enterprises. The multi-decision model based on entropy optimization embodies the idea of optimization in decision-making and has a scientific and reasonable optimization in selecting indexes, deciding expert group and group decision-making. At last, the conclusion that the financing structure optimization decision of real estate enterprises is a complicated and systematic problem is achieved. However, the optimum financing structure achieved in this paper is under static conditions, the dynamics in financing structure is the direction of future study.