随着企业越来越多地对利益相关者给予重视和关注,以及以利益相关者为基础的多边治理理论的流行,“企业价值最大化”和“利益相关者价值最大化”成为了财务管理目标的主流观点。那么,“股东财富最大化”是否已经过时了呢?笔者认为没有过时,“股东财富最大化”仍是当前企业财务管 As businesses increasingly value and pay attention to stakeholders and the prevalence of stakeholder-based multilateral governance theories, “maximizing corporate value” and “maximizing the value of stakeholders” have become financial management The mainstream view of the target. Then, “the maximization of shareholder wealth” is out of date? I think there is no outdated, “maximum shareholder wealth” is still the current corporate finance management