A Study On Interrelationship Between Shareholder's Right Value And Strategic Cost Management

Through theoretical research and corporation practice analysis, the interacting relationship between corporation Shareholder's Right Value and Strategic Cost Management has been revealed under the modern economical background, one as the external market expression and another as internal management strategy.Through its impact on Product, Pricing, Costing and Productivity, Strategic Cost Management would affect the corporation's overall performance, and eventually influence on a company's market value. On the other side; the fluctuation of a corporation's Shareholder's Right Value also provides the valuable marketing signal for Strategic Cost Management.Further, a model of Flexible Strategic Cost Management is proposed which can be adjustable to the fluctuation of corporation Shareholder's Right Value for maximum market value. The model should be an open, clear orientated and all inclusive Strategic Management. Also, the detailed approaches of the market-targeted flexible Strategic Cost Management model have be proposed, such as Raised Cost Strategy, Operating Cost Strategy, Technology Cost Strategy, Life Cycle Cost Strategy, etc. Thus, the thesis will be a valuable reference for company practice in our country.