企业财务目标的三个理论解说

Three Theorical Explainations on Enterprises' Financial Objectives

财务目标选择的讨论与纷争由来已久,但很少有人对财务目标差异化和动态优化做出理论解释。本文针对理论财务目标与现实财务目标存在偏差的事实,对企业财务目标进行理论解释,包括财务目标差异说、财务目标缺陷说,在此基础上,将财务目标的选择和实施紧密地联系起来,提出财务目标优化和财务优化说,并就财务目标选择和实施所形成的不同组合条件下的财务状态提供一种动态的分析方法。

The selecting of financial objectives is a controversial issue constantly focused by academia and few scholars consider the theorical explainations on the phenomenon, however,academia seemly is hotly interested in arguing for their self-defined optimal financial objective. The paper tends to create the theoretical explainations on enterprises＇ financial objectives, including the theoretical explainations on objectives＇ differentiation and objectives＇ defects. The paper connects the selecting of financial objectives and the application of financial objective closely and further argues for the theory of financial objective optimization and financial optimization, and financially creates an analytical matrix helpfully to judge the financial effects arising from the selection and the application of financial objectives under their different combinations.