企业价值最大化目标与利益制衡机制研究

Goal of Maximizing the Enterprise Value and Mechanism of Balancing Interests

本文针对传统企业利润最大化目标的缺陷,提出企业价值最大化目标及其理论模型,并进而论述了价值最大化条件下的企业利益平台以及利益制衡机制。建立在企业价值最大化基础上的利益制衡机制是市场对企业组织的内在要求,企业价值最大化目标的确立可以更合理地解释现代企业运作动因及方式等基本理论问题。

Taking into consideration the goal of maximizing the profits of enterprises, the paper puts forward the platform of maximizing enterprise interests and the mechanism to balance the interests. The maximum value is the internal demand of market for enterprise; the goal of maximizing the enterprise value is the solution to the theoretical problems of how modern enterprises operate.