公司财务治理与财务管理之比较

A Comparison Between Corporate Financial Administration and Financial Management

公司的财务治理是从制度层面规定公司财务运作的基本网络框架,而公司财务管理则着重研究在这样的框架下如何通过科学的财务决策来实现具体的财务目标。前者是一种以财权配置为中心的产权制度,后者是一种技术性的价值管理手段,二者既不能相互替代,也不能相互割裂。

While corporate financial administration stipulates the basic frame for idiographic finance operations on the institutional level, corporate financial management emphasizes the realization of financial goals by the making of scientific financial decisions under such a frame. Apparently, the former is a system whose core lies in the allocation of financial property right while the latter is a technical means to fulfill value management. However, neither of them can substitute the other nor be separated from the other.