【作者】 陈晶璞；

【导师】 宋效中；

【作者基本信息】 燕山大学 ， 管理科学与工程， 2010， 博士

【摘要】 当今世界,资源短缺和金融环境恶化一直困扰着企业,企业间的竞争已越来越多的转向财务领域,人们不得不重新审视企业财务同企业持续竞争优势的关系。一些学者将企业能力理论拓展到企业财务领域,提出了企业财务能力的概念,认为企业财务能力是保证企业持续竞争优势的重要力量。但随着研究的深入,传统的管理理论包括企业能力理论已无法支撑其继续进展:由于企业财务能力的复杂性和抽象性,上述理论只能描述其能力的某一侧面或某一阶段而无法尽述其全貌。如何解决这一瓶颈问题成为企业财务能力研究的难点。本文借鉴一些学者将复杂适应系统理论引入企业能力理论研究的思路,基于复杂适应系统理论来研究企业财务能力,试图构建企业财务能力系统的理论框架,并对企业财务能力系统的演进进行研究。本文在对企业能力理论和复杂适应系统理论系统评述的基础上,对企业财务能力的研究进行了回顾和梳理,据此重新界定了企业财务能力的概念、内部构成及能力特征。基于复杂适应系统理论提出了企业财务能力系统的概念,并具体分析了企业财务能力系统的主体、系统要素和系统单元,构建出企业财务能力系统的概念框架。通过对企业财务能力系统进行复杂适应性分析,揭示了其复杂适应性特征。基于系统分析框架阐明了企业财务能力系统构成的内在逻辑关系,阐释了系统演化和演进的关系,界定了企业财务能力系统演进的概念和特征,提出了企业财务能力系统的演进框架,剖析了企业财务能力系统的演进过程和演进机制,总结出企业财务能力系统演进的核心机制为适应性学习机制和涌现机制。本文对企业财务能力系统演进的核心机制进行了研究。论文描述了企业财务能力系统与环境系统进行相互作用的适应性学习过程,借鉴适应性景观与NK模型剖析了企业财务能力系统适应性学习的内在机理。基于涌现的含义及特征,论文描述了企业财务能力系统的涌现现象、涌现特征及涌现结果,构建了企业财务能力系统涌现的概念模型。在此基础上描述了企业财务能力系统的涌现过程,剖析了企业财务能力系统涌现的受限生成过程。基于上述研究成果,本文对企业财务能力系统的演进过程进行了宏观描述。构建了企业财务能力系统演进的层次概念模型,提出了企业财务能力系统演进层次和演进路径的相关概念。在此基础上,本文构建了企业财务能力系统评价的指标体系,选择运用灰色关联度分析法对企业财务能力进行评价,并进一步界定企业财务能力系统的演进层次及路径。本文最后对企业财务能力系统的演进进行了实例分析。通过对河北省25家样本上市公司2008年的财务能力系统进行评价和排序,划分出样本公司财务能力系统所处的演进层次,进而界定各公司财务能力系统演进的路径类型。在此基础上,本文在样本公司中选择了财务能力系统演进最具典型性的公司——河北建投能源股份有限公司作为研究对象,结合上述研究成果对其财务能力系统的演进进行了系统的剖析,进一步验证了前述研究成果。更多还原

【Abstract】 In modern word, the shortage of resources and the deterioration of financial environment have been puzzling the enterprise all the time. Competition among enterprises has been more and more turning to the area of finance, thus people has to revise the relationship between the enterprise’s finance and its continuously competitive advantage. Some scholars expand the enterprise’s competence theory to the area of enterprise’s finance and propose the concept of enterprise financial competence, maintaining that enterprise’s financial competence is the important power to ensure the enterprise’s continuously competitive advantage. However, with further research, traditional management theory including enterprise’s competence theory can’t support its continuous development: because of the complex and abstract financial competence, the above theories can only describe one side or one stage of its competence instead of describing the whole theory. How to solve this bottleneck problem has become the research difficulty of financial competence. This paper benefits from some scholars points of taking complex adaptive system into financial competence theory’s research and researches the enterprise’s financial competence based on complex adaptive system, attempting to construct the theory structure of enterprise’s financial competence and research the gradual evolution of financial competence system.On the basis of observing enterprise’s competence theory and complex adaptive theories, this paper reviews and organizes the research of financial competence. According it, the concept of enterprise’s financial competence, internal constitution and competence features are redefined. Based on complex adaptive system the concept of enterprise’s financial competence system is proposed, and the subject of financial competence system, system elements and system units are analyzed in detail, constructing the concept frame of enterprise’s financial competence system.Through the complex adaptive analysis of enterprise’s financial competence system, it reveals its complex adaptive features. Based on the frame of systematic analysis, it clarifies the internal logical relationship of financial competence system’s constitution, expounds the relationship between system evolution and gradual evolution, defines the concept and features of financial competence system evolution, proposes the gradual evolution frame of financial competence system, analyses the gradual evolution process and mechanism, and summaries that the core mechanism of financial competence system gradual evolution are adaptive study mechanism and emergence mechanism.This paper researches on the core mechanism of enterprise financial competence system gradual evolution. Drawing on relevant research, the adaptive study mechanism of the interaction between enterprise financial competence system and environmental system by employing the genetic algorithm is researched. Drawing on adaptive landscape and NK model, the intrinsic mechanism of enterprise financial competence system adaptive study is analyzed. Based on the meaning and feature of emergence, this paper describes the emergence phenomenon, emergence feature and emergence result of financial competence system and constructs the concept model of financial competence system emergence phenomenon. On this basis, it describes the emergence process of financial competence system and analyzes the limited generating process and intrinsic mechanism of financial competence system emergence.Based on the above research fruits, this paper has carried on the macro-description for the evolutionary process of financial competence system, constructed the level concept model of financial competence system gradual evolution and proposed the relative concepts of financial competence system level and root of gradual evolution. On this basis, this paper constructs the index system of enterprise financial competence system evaluation chooses to utilize grey relational analytical method to evaluate enterprise financial competence and further defines the gradual evolution level and route of financial competence system.This paper has conducted the case study on financial competence system’s gradual evolution. Through the evaluation and order of 25 sample listed companies’financial competence in 2008 in Hebei province, the gradual evolution level of sample companies’financial competence is divided, thus it defines the route type of each company’s financial competence system gradual evolution. On this basis, this paper has chosen one company——Hebei JianTou Energy Company Ltd. as the research object whose financial competence system evolution is the most typical. Combined with the above research fruits, this paper has conducted systematic analysis for gradual evolution of its financial competence system and further confirmed the above-mentioned research results.更多还原