The Research On Conflict Of Financial Interest Mechanism And Coordination Mechanism Based On The Financial Interests Of Stakeholders

In this paper, stakeholder theory, corporate actions such as the theoretical basis of financial theory to corporate finance professional background, the use of standard research, game research and factor analysis and other methods, by analyzing the business interests of all stakeholders and corporate finance between internal relations, building a business stakeholder coordination of financial conflicts of interest of theoretical framework. In the meantime, business stakeholders on the financial conflict content, business logic of arguments based on financial conflicts, the impact of financial conflicts of interest factors and coordination mechanisms in-depth research.According to contract theory point of view, requiring a series of corporate finance is the relationship between the interests of stakeholders, conflict of interest and the settlement mechanism of the association contract, which was designed to clear all the main stakeholders in the financial power and financial power split in the responsibilities and rights rational allocation of corporate residual claim and control to achieve the proper match between the two. However, due to the incompleteness of business contracts, business stakeholders'inconsistencies between the revenue function, advantages and disadvantages of asymmetric information, financial conflicts of interest in the enterprise will inevitably occur between the various stakeholders. This paper is that the corporate financial conflicts of interest between corporate stakeholders "conflict" and "imbalance" in the performance of corporate financial conflict of interest is the core of enterprise financial management. In general, business stakeholders, financial conflicts of interest include business owners and business operators of financial conflicts of interest, business and government financial conflicts of interest, business and financial conflicts of interest between investors and the enterprises and their creditors (mainly lending bank) on the financial conflict of interests.Modern enterprise system, the separation of ownership and corporate governance has become the norm. Modern corporate governance structure is essentially the responsibility of owners and operators to define and related benefits to their relationship with human systems of restriction and arrangements. Since the majority of listed companies in China are state-owned enterprise reform from the original, stock structure is irrational, and serious internal control problems induced by the appearance of conflict of interest corporate finance. To this end, we need to ensure that the business stakeholders to protect their own interests and reasonable under the circumstances, building corporate financial conflict of interest coordination mechanisms. (1) Construction of asymmetric information to solve the governance mechanism accounting. (2) Build stakeholder interests of corporate governance and coordination mechanisms. (3) Construction of cultural mechanisms for coordination and legal punishment.