The Change of Financial Environment and the Evolvement of Financial Goals

Jianhui Jian

Abstract


With the changing financial environment, financial goals are constantly changing. In the course of development of financial theory, there were numerous financial goals theories, which are mainly "profit maximization, shareholders’ wealth maximization, and stakeholders’ wealth maximization." These financial goals basically reflect the business requirements of the market environment, the adaptation to the changing financial environment, and also reflect the different preferences of the different periods of property rights.

Full Text: PDF DOI: 10.5539/ijbm.v4n4p136

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International Journal of Business and Management   ISSN 1833-3850 (Print)   ISSN 1833-8119 (Online)

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