Strategic Financial Management:A New Perspective of the Enterprise Competence Theory

Enterprise Competence Theory has become quite a popular research field both in the strategic management theory and the firm theory.The nature of a business is a collection of knowledge and ability.This paper argues that,strategic financial management is a functional strategy of the enterprise strategic management.It should be based on the status of the capabilities of enterprises.In another word,firms planning specific financial strategies should be based on the status quo of enterprises' capabilities.Furthermore,the strategic financial management should service the abilities of companies,especially the corporate objective of developing competitive advantages.