Shareholder wealth maximization（股東財(cái)富最大化）是什么_2020年ACCA考試FM知識(shí)點(diǎn)

來源：東奧會(huì)計(jì)在線責(zé)編：施美嬌2020-04-24 10:58:32

廣大考生們注意啦，2020年6月份ACCA考試時(shí)間已經(jīng)延期，還沒有備考的小伙伴們請(qǐng)抓緊時(shí)間，東奧小編為大家準(zhǔn)備了ACCA考試相關(guān)知識(shí)點(diǎn)，希望能夠幫助到大家。

股東財(cái)富最大化_2020年ACCA考試FM知識(shí)點(diǎn)

【內(nèi)容導(dǎo)航】

Shareholder wealth maximization 股東財(cái)富最大化

【知識(shí)點(diǎn)】

Shareholder wealth maximization 股東財(cái)富最大化

Shareholder wealth maximization

If the financial objective of a company is to maximize the value of the company, and in particular the value of its ordinary shares, we need to be able to put values on a company and its shares. How do we do it?

Three possible methods for the valuation of a company might occur to us.

(a) Statement of financial position (balance sheet) valuation

Here assets will be valued on a going concern basis. Certainly, investors will look at a company’s statement of financial position. If retained profits rise every year, the company will be a profitable one. Statement of financial position values are not a measure of ‘market value’, although retained profits might give some indication of what the company could pay as dividends to shareholders.

(b) Break-up basis

This method of valuing a business is only of interest when the business is threatened with liquidation, or when its management is thinking about selling off individual assets to raise cash.

The market value is the price at which buyers and sellers will trade stocks and shares in a company. This is the method of valuation which is most relevant to the financial objectives of a company.

寶劍鋒從磨礪出，梅花香自苦寒來。只要肯努力，一定會(huì)順利通關(guān)，最后，預(yù)祝到家順利通過ACCA考試。

注：以上內(nèi)容來自BPP教材第8頁

(本文為東奧會(huì)計(jì)在線原創(chuàng)文章，僅供考生學(xué)習(xí)使用，禁止任何形式的轉(zhuǎn)載)

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