A Multiple Criteria Decision Support System for Global Financial Planning

Abstract:This paper presents a goal programming (gp) model-based multiple criteria decision support system (dss) for global financial planning of a multinational corporation (mnc). The GP model-based DSS provides a major technological breakthrough for presenting solutions for the critical issues in global financial planning and provides substantial improvement over existing approaches. The strategic dss allows the financial managers of an MNC to choose an appropriate global financing strategy to satisfice the multiple, and often conflicting, management goals and to effectively analyze the trade-offs among costs, foreign exchange risks, political risks, and managerial motivation goals.

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