打造VBM框架下的价值型财务管理模式  

Creating Value-oriented Financial Management Mode in the Framework of VBM

作　　者：汤谷良[1] 林长泉[1] 

机构地区：[1]北京工商大学会计学院,100037

出　　处：《会计研究》2003年第12期23-27,共5页Accounting Research

摘　　要：基于价值的管理(VRM-value based management)不仅是一种管理理念,也是一种管理技术,更是一种管理制度。VBM的普遍认可和接受,不仅对公司管理模式和财务控制流程产生根本性变革,也将对财务管理的理论体系和分析工具产生重大影响。本文通过VBM特征的归纳,分析性的提出VBM框架内财务管理流程梳理、模式再造的主张,强调了财务分析工具在企业管理中的功能扩张,旨在使财务管理体系为公司价值提升发挥更大的作用。Value Based Management (VBM) is not only a concept, but also a technique, and furthermore a management system. The wide - spread recognition and acceptance of VBM, not only makes a fundamental change to corporate management mode and financial control procedure, but also has a significant impact on the theory system and financial analytical tools. Through the summary 'of the feature of VBM, this essay analytically advocates the idea of financial management procedure rearrangement and mode restructure in the framework of VBM , and emphasizes the function expansion of financial analysis tools in enterprise management, with an aim to enhance the role that financial management system played in corporate value improvement.

关 键 词：财务管理 VBM 自由现金流量折现模型 管理模式 财务控制 企业管理 财务分析工具 

分 类 号：F275[经济管理—企业管理]