Proceedings of the 3d International Conference on Applied Social Science Research

Stakeholder Wealth Maximization and the Goal of Financial Management in China

Authors
Jin-yu Tian, Zi-yuan Zhang
Corresponding Author
Jin-yu Tian
Available Online August 2016.
DOI
https://doi.org/10.2991/icassr-15.2016.140How to use a DOI?
Keywords
Stakeholder;Stakeholder wealth maximization; The goal of financial management
Abstract
The goal of financial management is one of the basic theoretical issues of financial management. It is also an issue of great concern among finance circles home and abroad. The purpose of this paper is to study stakeholder wealth maximization and the choice of financial management target in China. This paper firstly discusses about the main ideas of the financial management goals, and evaluates the advantages and disadvantages of various viewpoints; then introduces the stakeholder theory. Finally, according to our country national conditions, the paper holds that stakeholder wealth maximization is the rational choice for the goal of financial management. In addition, stakeholder wealth maximization is the goal that suits China.
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Proceedings
3d International Conference on Applied Social Science Research (ICASSR 2015)
Part of series
Advances in Intelligent Systems Research
Publication Date
August 2016
ISBN
978-94-6252-148-3
ISSN
1951-6851
DOI
https://doi.org/10.2991/icassr-15.2016.140How to use a DOI?
Open Access
This is an open access article distributed under the CC BY-NC license.

Cite this article

TY  - CONF
AU  - Jin-yu Tian
AU  - Zi-yuan Zhang
PY  - 2016/08
DA  - 2016/08
TI  - Stakeholder Wealth Maximization and the Goal of Financial Management in China
BT  - 3d International Conference on Applied Social Science Research (ICASSR 2015)
PB  - Atlantis Press
SP  - 502
EP  - 504
SN  - 1951-6851
UR  - https://doi.org/10.2991/icassr-15.2016.140
DO  - https://doi.org/10.2991/icassr-15.2016.140
ID  - Tian2016/08
ER  -