财务动态治理论纲

Research on Corporate Financial Dynamic Governance

传统财务治理理论侧重于财务治理结构和权利分布状态等静态范畴的研究,而忽略了财务动态治理的专门研究。财务治理可分解为基于企业公平的财务静态治理和基于企业效率的财务动态治理,它在本质上是一个二元价值体系,在实践上表现为企业公平和效率的并行与平衡。财务动态治理是对传统财务治理的继承和超越,它是剩余公司治理的集中领域和公司动态治理的核心,其理论基础溯源于企业产权契约理论、公司治理理论、公允价值会计计量理论和财务治理理论。以不完全合同中的完备部分和不完备部分为标准,财权可划分为通用财权和剩余财权。剩余财权配置是财务动态治理的核心,财务动态治理的基本内容包括动态治理结构、治理机制和治理行为规范。

Additional financial governance concentrates on stationary financial governance district study, mainly on structure and rights distribution, but neglects studying on financial dynamic governance. Financial governance can be decomposed of stationary governance, based on corporate fair and dynamic governance, based on company＇s efficiency, which is a two value systems in essence, and is expressed through fair and efficiency in practice. Also, it inherits and transcends additional financial governance. In addition, financial dynamic governance is a concentrated domain of surplus corporate governance and a core of corporate dynamic governance, which is based on corporate property rights, contracts theory, corporate governance theory, fair value accounting measurement theory and financial governance theory. Moreover, property rights can be divided into ordinary ones and surplus ones by virtue of adequacy of contracts. Surplus property rights＇ distribution plays a central role in financial dynamic governance. Last but not least, the contents of financial dynamic governance include dynamic governance structures, governance mechanisms and governance standards.