Abstract
Thai Nguyen Iron and Steel Joint Stock Corporation (TISCO) is the first closed industrial complex in Vietnam with complete steel production process from exploitation of iron ore, smelting of iron, smelting of steel and rolling of steel. After 53 years of construction and development, the company is growing rapidly. However, in recent years, the company has exposed some deficiencies in financial management, particularly the unreasonable capital structure. The capital structure was constructed on the basis of the need, not on the basis of financial management science, which resulted in ineffectiveness in production and business operation as well as potential risks. Based on the analysis and evaluation of the current situation of the capital structure of Thai Nguyen Iron and Steel Joint Stock Corporation, this paper proposed some solutions to restructure the company’s capital in order to ensure the sustainable growth and stability of the company.
Keywords: Capital structure, capital restructuring, term debt, equity, Thai Nguyen Iron and Steel Joint Stock Corporation.
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Ban biên tập Tạp chí Kinh tế & Quản trị Kinh doanh
Phòng 514, Nhà điều hành, trường Đại học Kinh tế & Quản trị Kinh doanh
Địa chỉ: Phường Tân Thịnh, thành phố Thái Nguyên
Email: tapchikt-qtkd@tueba.edu.vn; Điện thoại: 0208.3903373
