Full-Text Search:
Home|Journal Papers|About CNKI|User Service|FAQ|Contact Us|中文
《FINANCE AND ECONOMICS》 2000-02
Add to Favorite Get Latest Update

“Maximization of share holder wealth”or “Maximization of enterprises vlaue”

by Feng jin  
This article discusses the choice of enterprises f inancial objective in intellectual economic time.Maximization of enterprises v alue and of share holders wealth are common accepted ideas among financial c ircle.Someone thinks these two ideas actually the same.This article points out t hat they are not one concpt through using modern enterprise theory and that hu man resource is more important than traditional financial capital in intellectua l economic time,correspondingly,enterprises financial objective is maximizatio n of enterprises value instead of maximization of share holders wealth.
【CateGory Index】: F275.5
Download(CAJ format) Download(PDF format)
CAJViewer7.0 supports all the CNKI file formats; AdobeReader only supports the PDF format.
【References】
Chinese Journal Full-text Database 4 Hits
1 WANG Yue-xin;Probes to the Relevant Issues of Financial Management in the Business Groups[J];Liaoning Financial College Journal;2001-04
2 TANG Jiang-hua,ZHU Kai-xi(Nanhua University Hengyang 421001,China);A New Viewpoint on Financial Mangement Target[J];Journal of Nanhua University;2003-03
3 YANG Ying(School of Economics and Management,Shanghai Second Polytechnic University,Shanghai 201209,P.R.China);Research of Achieving Enterprise's Value In Cooperated Era[J];Journal of Shanghai Second Polytechnic University;2006-01
4 CHEN Yao;The Orientation of the Financial Objective for an Enterprise under the Condition of Market Economy in China[J];Journal of Wuhan Automotive Polytechnic University;2001-02
【Co-citations】
Chinese Journal Full-text Database 10 Hits
1 DUN Yue-xia,SUN Tao(Enterprise Financing Research Institute,Qingdao University,Qingdao,Shandong 266071,China);The Governance of Knowledge-oriented-enterprises[J];Commercial Research;2005-19
2 CHEN Zhong chang (College of Trade and Law,Chongqing University, Chongqing 400044, China);Research on the Characteristics and the Motive Mechanism of Manpower Capital in Colleges and Universities[J];Journal of Chongqing University(Social Sciences Edition);2002-01
3 PAN Wei-long,SHEN Chong-ping,LIU Chang-geng(Xiangtang University, Xiangtang Hunang,411105,China);Preference, Endowment, Technology and the Evolution of Propeoty Rights of Firm[J];Research On Financial and Economic Issues;2004-12
4 TANG Mei-lian (Department of Economics, Hunan Business College, Changsha, 410205, China);Research on Evaluating Method of Human Resources' Value[J];The Theory and Practice of Finance and Economics;2004-06
5 WANG Bo, YAO Shu rong (Economics College of Sichuan University, Chengdu 61006 4, China);Discussion on Evaluation Method of Human Resources[J];;2003-01
6 LIAO Xiao-fei,ZHOU Jing(School of Management,Changsha University of Science and Technology,Changsha,Hunan 410076,China);The Nature of Executive Stock Option[J];Journal of Changsha University of Science & Technology(Social Science);2007-02
7 WANG Bing-jie GONG Xian-wen(College of Economics and Business Administration, Chongqing University,Chongqing 400030,China);Dynamic Arrangement of Corporate Property Rights and the Equilibrium Analysis of Corporate Surplus Allocation[J];Journal of Chongqing University(Natural Science Edition);2004-05
8 WEI Jing(Department of Economics,Kunming University,Kunming 650118,China);On Human Capital Accounting Confirmation[J];Journal of Foshan University(Social Science Edition);2006-03
9 JIN Fan(School of Management, Xi'an Jiaotong University, Xi'an 710049, China);Theoretical Analysis and System Designing about Equity Contribution of Intellectual Capital[J];China Industrial Economy;2005-01
10 WANG Guang-liang,ZHANG Yi-shan(Business School of Jilin University,Changchun 130012,China);Decomposition and Transition of Firm Contracts on the Basis of Power[J];China Industrial Economy;2007-10
China Proceedings of conference Full-text Database 4 Hits
1 Liul Lifang Shen Hong (Huazhong University of Science and Technology );The international experience of income-contingent repayment and the discussion of usage in China[A];[C];2006
2 Liu Chang-geng;Pan Wei-long Business School of Xiangtan University Xiangtan, Hunan 411105;On the Determination and Evolution of the Firm's Property Rights[A];[C];2004
3 LIU Chang-geng and ZHONG Zheng-sheng Business School,Xiangtan University, Xiangtan, Hunan 411105;Game Analysis about the Evolution of the Structure of Factor Property Right[A];[C];2004
4 ;人力资源财务管理探析——关于投资管理[A];[C];2006
【Co-references】
Chinese Journal Full-text Database 10 Hits
1 WANG Jian\|min (Institute of Contemporary Socialist Study, Shandong university, Jinan 250100, China);Commodity of Labour and Capital of Labour Power[J];Journal of Peking University(Humanities and Social Sciences);2001-06
2 Chen Xiaoyue & Li Chen;Expected Stock Returns and Debt/Equity Ratio in Shanghai Stock Exchange:An EmpiricalEvidence[J];JOURNAL OF PEKING UNIVERSITY(HUMANITIES AND SOCIAL SCIENCES);1995-01
3 Zhang Yulin 1) Su Ni 2) (1) Students Admin. Dept, North China Univ. of Tech., 100041, Beijing, China 2)Col. of Laws, Kunming Science & Tech. Univ., 650093, Kunming, Yunnan, China);Research on Factors Influencing Risk Investment Development[J];Journal of North China University of Technology;2000-04
4 ZHANG Ping-dan HAN Bo-tang (Beijing Institute of Technology,Beijing:100081);The Creation of Company Value[J];Journal of Beijing Institute of Technology(Social Sciences Edition);2003-03
5 ZENG Xin(Department of Business Administration, Zhongshan University,Guangzhou 510275, China);Analysis of Corporations Value China and Management of Value Based on Net Cash Flow[J];Journal of Chongqing University(Social Sciences Edition);2002-06
6 ;论人力资本产权功能[J];Finance and Economics;2002-05
7 ;控制权利益、管理者股权与企业价值[J];Finance and Economics;2002-05
8 ZHOU Mi-si,ZHOU Hua (Finance College,Zhongnan University of Economics and Law,Wuhan 430064,China);The Real Selection of Enterprise's Financial Manangement Objective of China[J];Collected Essays on Finance and Economics;2001-01
9 ZHU Kai xi(School of Economics and Management,Nanhua University,Hengyang 421001,China);Finance Management Target and Firms' Finance Core Competence[J];Collected Essays on Finance and Economics;2001-05
10 RUAN Feng-er (Business Administration college,Zhejiang University of finance and Economics,Hangzhou 310012,China);The Analysis on Multistage Dynamic Games Between Product-Principalization Firms and Its Competitors[J];Collected Essays on Finance and Economics;2002-01
【Secondary References】
Chinese Journal Full-text Database 9 Hits
1 ZENG Hong~(1),WU Ting-ting~(1),PENG Hua-ming~(2) ,GUO Hui-yu~3(1.College of Economics and Business Administration, Chongqing University, Chongqing 400030,China; 2.Department of Logistics, Chongqing University, Chongqing 400030,China; 3.Shenzhen Polytechnic,Shenzhen 518055,China);Financial System and the Firm's Financial Behavior in Transitional Economy[J];Journal of Chongqing University(Natural Science Edition);2004-04
2 BAN Xiao-hui(Law School,Nanjing University of Finance and Economics,Nanjing 210046,China);Studies on the Interests of Employees and Sustainable Development of Small and Medium Enterprises[J];Journal of Fuyang Teachers College(Social Science Edition);2010-03
3 He Xiannan;A Study of Investment in Higher Education Human Capital[J];Journal of Guangdong University of Foreign Studies;2010-05
4 ZUO Zhi-feng,XIE Chi(College of Business Administration,Hunan University,Changsha 410082,China);The Effect Mechanism of Product Market Competition on Capital Structure[J];Journal of Hunan University(Social Sciences);2008-03
5 FU Cui-lian1 TAO Song-zhu2(1.College of Management,Zhejiang Ocean University,Zhoushan 316004,China;2.Women’s Federation in Zhoushan,Zhoushan 316000,China);Analysis of the Current Situation and Development Countermeasure of Fishing Village Women Human Resource of Zhoushan[J];Journal of Zhejiang Ocean University(Humanities Sciences);2010-03
6 ZHANG Su-rong,SUN Hai-jun(Departement of Accounting and Finunce,Beihua Aerospace Industrial Institute,Langfang 065000,China);The Status of Enterprises' Financial Target based on Scientific Development Conception[J];Economy and Management;2007-01
7 DAI Hong-yu (Training Center for the Workers and Staff of Jianghan Petroleum Administration, SINOPEC,Qianjiang Hubei 433121,China);On Strengthening Financial Control of Medium-sized and Small Enterprises after Financial Crisis[J];Journal of Jianghan Petroleum University of Staff and Workers;2011-04
8 LI Ping (Finance Section,Nantong Vocational College,Nantong,Jiangsu226007);On the Aim of Financial Administration of Enterprises Under the Socialist Market Economy[J];JOURNAL OF NANTONG VOCATIONAL COLLEGE;2003-03
9 Cui Can (School of Business Administration,Zhongnan University of Economics and Law, Wuhan 430060,China);Corporate Social Responsibility and the Growth of Profit[J];Journal of the Postgraduate of Zhongnan University of Economics and Law;2008-06
©2006 Tsinghua Tongfang Knowledge Network Technology Co., Ltd.(Beijing)(TTKN) All rights reserved