企业成本管理.pdf

外文翻译 Cost Management of Corporate Material Source:http: 《Cost Management》 Author: Don R. Hansen，Maryanne M. Mowen 1 the concept of financial control needs to redefine The need to redefine the financial controls, becausethe theory of financial management, financial management environment and peoples expectations have changed. First of all, compared with the traditional system, financial management, financial management has been separated from and independent existence, as in the separate government administration from enterprise to legal status after the independent governments, in other words, the microstructure of financial management is its basic property. Discussion of financial control to be under the guidance of agent theory, based on clear property rights, power and responsibility, separation of enterprise management science of modern enterprise system and corporate governance requirements. Specifically include the following: 1.the main body of corporate financial control board first. According to agency theory, agency relationship exists in all organizations, all cooperative activities exist in every enterprise management level. Empirical analysis shows that the economic agent is based on the operators to grant shareholders the right management can reduce operating costs, because a large number of shareholders by a company directly involved in decision-making, management, production control cost is staggering. But the agent must lead to the establishment of another agency costs. This cost ultimately borne by the shareholders only, and its presencewill affect the companys operating efficiency, and may even threaten the survival of the company. In the modern enterprise system, corporate governance structure is an important feature