对财务管理目标的思考

利润最大化、股东财富最大化和企业价值最大化是关于财务管理目标的三种最具代表性的观点。股东财富最大化和企业价值最大化目标有其积极的方面 ,但同时也存在难以克服的缺陷。而利润最大化不仅反映了市场经济环境对企业的客观要求 ,体现了所有者、债权人、管理者、政府和企业职工的共同利益 ,而且可操作性强 ,是企业财务管理目标的合理选择

Consideration on The Objectives of Financial Management

The most representative three views about the objectives of financial management are maximum of profit, maximum of stockholders equity and maximum enterprises value. While both maximum of stockholders equity and maximum of enterprises value have some advantage, it is difficult to overcome the limitations that they have. Maximum of profit, which not only reflects the demand of market economy and the interest of stockholder, creditor, manager and employee, but also is easy to operate, is the best choice as the objectives of management.