摘要
在企业动态实现价值创造的现实情境下,财务理论已从静态转向了动态分析。包括人力资本、组织资本、社会资本在内的广义资本内涵,具有层次递进驱动价值创造的内在逻辑关系,从而可以此作为财务理论动态演化分析的"基因",构建起广义资本演进投资理论、广义资本产权主体的演化博弈理论以及在前二者基础上的企业动态财务规划理论。
In the real-life situations of companies realizing dynamic value creation, the financial theory has shifted from static analysis to dynamic analysis. The generalized capital, including human capital, organizational capital and social capital, has the inherent logical relationship of driving value creation progressively in layers, which can serve as the "gene" for dynamic evolutionary analysis of financial theories. Then, on the top of that, the evolutionary investment theory of generalized capital, the evolutionary game theory of property-fight subject of the generalized capital, and the company's dynamic financial planning theory based on the above two can be established.
出处
《当代财经》
CSSCI
北大核心
2013年第12期109-116,共8页
Contemporary Finance and Economics
基金
江西省社会科学"十二五"规划项目"基于动态价值创造过程的企业财务管理动态机制研究"(11GL35)
江西省教育厅科技项目"基于多阶段复合实物期权的高新技术项目投资决策方法研究"(GJJ12268)
江西省软科学研究计划项目"基于动态多阶段的风险投资项目决策复合实物期权模型建构及其应用研究"(2012BBA10106)
江西省高校人文社会科学重点研究基地招标研究项目"基于价值驱动的企业业绩评价指标体系整合研究"
关键词
广义资本
价值创造
动态财务理论
演化分析
generalized capital
value creation
dynamic financial theory
evolutionary analysis