2006•Journal of Harbin University of CommerceRequires access

Economical Increase in Value Maximization Financial Control Goal

GE Wei-dong

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Abstract

After China join the WTO,the enterprise financial control facing comes from various aspects impact.Because the WTO members all use the market economy system,the marketability degree is generally high,the legal framework also consummates among,China must follows the situation,occurred has managed finances the environment change.This environment change request carries on the essential adjustment to the financial control goal.This article through to economical increase in value connotation,characteristic,aspect and computation principle analysis,and with profit maximization,enterprise value maximization,tradition financial control goal and shareholder wealth maximization comparison,thus above discovered the tradition financial control goal has certain aspects the flaw and the insufficiency.

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What this paper is about

After China join the WTO,the enterprise financial control facing comes from various aspects impact.Because the WTO members all use the market economy system,the marketability degree is generally high,the legal framework also consummates among,China must follows the situation,occurred has managed finances the environment change.This environment change request carries on the essential adjustment to the financial control goal.This article through to economical increase in value connotation,characteristic,aspect and computation principle analysis,and with profit maximization,enterprise value maximization,tradition financial control goal and shareholder wealth maximization comparison,thus above discovered the tradition financial control goal has certain aspects the flaw and the insufficiency.

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Available abstract

After China join the WTO,the enterprise financial control facing comes from various aspects impact.Because the WTO members all use the market economy system,the marketability degree is generally high,the legal framework also consummates among,China must follows the situation,occurred has managed finances the environment change.This environment change request carries on the essential adjustment to the financial control goal.This article through to economical increase in value connotation,characteristic,aspect and computation principle analysis,and with profit maximization,enterprise value maximization,tradition financial control goal and shareholder wealth maximization comparison,thus above discovered the tradition financial control goal has certain aspects the flaw and the insufficiency.

Key concepts: Maximization, Profit maximization, Control (management), Connotation, Shareholder, China, Value (mathematics), Business

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