国有上市公司财务管理目标的异化及其实现途径探析

On the Alienation of Financial Management Goals of Listed Companies and its Realization Ways

在国有股"一股独大"的特殊股权结构下,政府会通过国有上市公司实现其社会职能,从而损害了其他股东的利益,产生了财务管理目标异化行为。据此,我们应该在考虑其他利益相关者利益的前提下,以股东价值最大化为国有上市公司的财务管理目标,并结合中国的实际情况,通过改变不合理的股权结构、改变政企关系和考核机制,从而实现国有上市公司股东价值最大化。

The government realize its social function by listed state-owned companies, and it cause a damage of interest of other shareholders, creates alienation of financial management goal. On the basis of it, the financial management goal of listed state-owned companies should be value maximization of shareholders on the premises of considering the interest of other shareholder.