Small and Medium-Sized Enterprise Financial Management Goal
abstract existing financial management objective have some distortion in revealing a firm’s capital and profit because people do not consider the cost of equity capital and have a conservative attitude in financial indexs to measure their performance .this paper introduces the main ideas of EVA. At the same time，it elaborates the significant advantages of EVA and it’s importance in Chinese.
The first part
Financial control 's goal is enterprise managing finances hoped realizes the result, is appraises enterprise managing finances to move whether reasonable primary standard. For the consummation financial control 's theory, the effective instruction financial control practice, must conduct the earnest research to the financial control goal, because the financial control goal direct reflection managing finances environment 's change, and makes the suitable adjustment according to the environmental variation, it is in the financial control system info 's base element and the behavior guide, is in the financial control practice carries on the financial decision-making the starting point and the home to return. Therefore, how is accurate the business finance management localization of target, has to appear extremely important operationally.
Looks over the Chinese and foreign to have the representative financial control goal view, regardless of being the output value maximization, profit maximization, the shareholder wealth maximization, the enterprise value maximization, freely their turn of expression and the main body emphasis point differ from, but they only confirm and the measurement debt capital cost, but has neglected the rights and interests capital cost, and takes it income distribution processing. The such rights and interests capital cost 's concealed part namely takes the rights and interests capital the opportunity cost not to perform to promulgate. This causes the foreign report the net income to contain two parts actually: Rights and interests capital
The first part
Financial control 's goal is enterprise managing finances hoped realizes the result, is appraises enterprise managing finances to move whether reasonable primary standard. For the consummation financial control 's theory, the effective instruction financial control practice, must conduct the earnest research to the financial control goal, because the financial control goal direct reflection managing finances environment 's change, and makes the suitable adjustment according to the environmental variation, it is in the financial control system info 's base element and the behavior guide, is in the financial control practice carries on the financial decision-making the starting point and the home to return. Therefore, how is accurate the business finance management localization of target, has to appear extremely important operationally.
Looks over the Chinese and foreign to have the representative financial control goal view, regardless of being the output value maximization, profit maximization, the shareholder wealth maximization, the enterprise value maximization, freely their turn of expression and the main body emphasis point differ from, but they only confirm and the measurement debt capital cost, but has neglected the rights and interests capital cost, and takes it income distribution processing. The such rights and interests capital cost 's concealed part namely takes the rights and interests capital the opportunity cost not to perform to promulgate. This causes the foreign report the net income to contain two parts actually: Rights and interests capital