From stock and debt the manager chose, the payoff of manager is received, then we can get the function of stock value and debt value, so the total enterprise value model is established.
由经理选择的股权资本和负债资本推断经理人的效用函数,从而得到股权价值和债务价值的函数,得出了企业总价值模型。
参考来源 - 不确定环境下资本结构的优化模型研究·2,447,543篇论文数据,部分数据来源于NoteExpress
财务管理的目标就是要通过财务上的合理经营,使企业总价值达到最大。
The objective of financial management aims to make the value of the enterprise maximization through rational financial operation.
资本结构不仅影响企业的资本成本和企业总价值,而且影响企业治理结构。
The capital structure not only affects capital cost and total prices, but also the structure of corporate governance.
在配合管理的逻辑下,财政办理的目的就是要经过财政上的合理运营,使企业总价值清淡高手翻译到达最年夜。
In the logic of co-governance, financial management goal is to pass a reasonable financial management, so that the total value of the largest enterprises.
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