The most important target of the financial management is to develop the values of the foundation and develop the wealth of shareholders (wealth of the owners), which is the primary target of the qualified and succes...The most important target of the financial management is to develop the values of the foundation and develop the wealth of shareholders (wealth of the owners), which is the primary target of the qualified and successful financial management. This target, developing the value of the foundation, depends on the total profit that could be achieved by the company and counting the profit per share, but undoubtedly, the financial management should consider the other targets such as social responsibility and exchange between risk and revenue and others. This research, with its both theoretical and practical aspects, aims at illuminating the value of some foundations in Saudi Arabia, which are already registered in the stock market, by comparing the value of each foundation using two models namely the model of Modigliani-Miller (M&M) and the model of Gordon. In spite of the difficulties found in the usage of both models, especially Gordon's model, we will use both of them to explain the aspects of imperfection in each model. This research will depend on a sample of Sandi industrial companies by getting financial data of these companies over a past decade and the usage of these data, in other words, to measure the value of Saudi companies against the market.展开更多
Models about four aspects according to the balance principle and practice in China were established, which involve the minimum production scale, alert production scale, safe running scale, and the goal production scal...Models about four aspects according to the balance principle and practice in China were established, which involve the minimum production scale, alert production scale, safe running scale, and the goal production scale for specified profit level. It provides an effective quantitative analyzing method for the investors of coal bed gas exploitation project.展开更多
文摘The most important target of the financial management is to develop the values of the foundation and develop the wealth of shareholders (wealth of the owners), which is the primary target of the qualified and successful financial management. This target, developing the value of the foundation, depends on the total profit that could be achieved by the company and counting the profit per share, but undoubtedly, the financial management should consider the other targets such as social responsibility and exchange between risk and revenue and others. This research, with its both theoretical and practical aspects, aims at illuminating the value of some foundations in Saudi Arabia, which are already registered in the stock market, by comparing the value of each foundation using two models namely the model of Modigliani-Miller (M&M) and the model of Gordon. In spite of the difficulties found in the usage of both models, especially Gordon's model, we will use both of them to explain the aspects of imperfection in each model. This research will depend on a sample of Sandi industrial companies by getting financial data of these companies over a past decade and the usage of these data, in other words, to measure the value of Saudi companies against the market.
文摘Models about four aspects according to the balance principle and practice in China were established, which involve the minimum production scale, alert production scale, safe running scale, and the goal production scale for specified profit level. It provides an effective quantitative analyzing method for the investors of coal bed gas exploitation project.