基于股东价值的管理系统模型研究

On the Model for Management System Based on Shareholders' Value

公司治理及经营的目标是股东价值最大化。为有效地推行股东价值管理,要建立股东价值管理系统,包含价值评估、现金流量规划、市场竞争分析、资本经营评价、全面预算控制、价值中心绩效、资源成本平衡、薪酬期权计划等八个价值管理子系统。

The goal of company management is to maximize the shareholders＇ value. To attain this goal, the shareholder value management system shall be set up, including the following 8 sub-systems： value evaluation, cash flow planning, market competition analysis, capital transaction evaluation, overall budget control, value-centered performance, resource cost balance and pay options planning.