On the aim of financial management for sharehoders' wealth maximization

The aim of business financial management is the precondition and basis of financial management. At present there are varieties of theories such as output value maximization, profit maximization and shareholders' wealth maximization. The merit and fault are revealed in the paper. Besides, it pronounced that the shareholders' wealth maximization is an ideal aim of business financial management. The theoretical basis and the executing form of the shareholds' wealth maximization were discussed.