企业资源聚集视角下的利益相关者财务控制权配置  

Financial Rights Allocation among Stakeholders:a Perspective of Enterprise Resource Aggregation

作　　者：龚光明[1] 单虹[1] 

机构地区：[1]湖南大学工商管理学院,湖南长沙410079

出　　处：《财经论丛》2012年第3期80-85,共6页Collected Essays on Finance and Economics

摘　　要：财务控制权配置是财务治理的核心内容。合理的财务控制权安排可以抑制内部人的道德风险,优化公司治理结构。本文从企业资源聚集的角度,构造企业利益相关者的经济效用函数并分析其特征,认为利益相关者之间是相互依存的动态竞争关系,企业的财务控制权应按照以股东为主导的各利益相关者共同分享的模式来分层次配置。Financial rights alh）cation is the core content of finance governance. Appropriate arrangement of the financial rights can inhibit the moral hazard of enterprise insiders, optimize the corporate governance structure. This paper analyzes stakeholder economic utility function from the view of enterprise resource gathering, stating that tile relationship among stakeholders is of dynamic competition depending on each other, and that enterprise sholdd allocate fintmeial rights layer by layer according to the shareholderoriented and all stakeholders shared model.

关 键 词：利益相关者 企业财务控制权 财务治理 

分 类 号：F275[经济管理—企业管理]