DocumentCode
3396615
Title
Game analysis of value-effects of enterprise group based on financial cooperative control
Author
Ziqin, Feng
Author_Institution
Sch. of Manage. & Econ., North China Univ. of Water Resources & Electr. Power, Zhengzhou, China
Volume
3
fYear
2010
fDate
9-10 Oct. 2010
Firstpage
123
Lastpage
126
Abstract
Modern enterprise group is a product of organizational innovation to adapt to the changes of external environment and internal conditions, how to realize value creation abilities and levels have become the core and key factors of enterprise group´s problem. This paper discusses the value-effects of financial cooperative control of enterprise group based on cooperative game. The result shows that: Firstly, the premise and basis for enterprise group to achieve maximum value-effects are cooperation among members what can be achieved by financial cooperative control. Secondly, the value increasing of α and β can improve the possibilities of enterprises´ cooperation so as to ensure the increasing of total value-effects. Thirdly, the raising of value-effect coefficient γ can satisfy the necessary and sufficient condition for game parties to select “cooperation” tactics and also can be conducive to the improvement of value-effect of enterprise group.
Keywords
financial management; game theory; cooperative game; enterprise group; financial cooperative control; game analysis; organizational innovation; total value effect; enterprise group; financial cooperative control; game; value-effect;
fLanguage
English
Publisher
ieee
Conference_Titel
Future Information Technology and Management Engineering (FITME), 2010 International Conference on
Conference_Location
Changzhou
Print_ISBN
978-1-4244-9087-5
Type
conf
DOI
10.1109/FITME.2010.5655422
Filename
5655422
Link To Document