期刊名称：Annals of the University of Oradea : Economic Science
印刷版ISSN：1222-569X
电子版ISSN：1582-5450
出版年度：2009
卷号：XVIII
期号：03
出版社：University of Oradea
摘要：The company‟s alternative between the partial or total reinvestment of the net profit of the shareholders
and the partial or total breakdown of the profit as dividends has or should have as main goal the
maximizing of the company‟s value. The companies are creating values as long as they pay for the capital,
no matter how high this is, to an increase rate of a higher value than its cost. There will always be
companies that will have a higher increase rate than the average of the economy (industry).
The present paper analyzes some of the indicators that are able to reflect best the value of the company
starting from the added value as the most elementary of all indicators up to the Total Shareholder Return
(TSR) as the most complex among the indicators.
关键词：capital financier, valeur de l‟entreprise, valeur de marché ajoutée, rentabilité totale des
actionnaires
