对公司财务学理论及方法论局限性的认识与批判

主流的公司财务学理论是立足经济个体的理性财务行为展开的 ,在方法论上承袭了主流经济学的个体主义方法论和理性经济人假说的传统。受这些传统的影响 ,公司财务学在理论建构上属于与形式经济学相对应的形式主义财务学而不是实体主义财务学的范畴 ,其在理论建构上的“零嵌入性”立场、“工程学”的架构和“普遍主义”情结 ,使公司财务学缺乏足够的现实解释作用。

Cognition and Criticism on the Limitation of Financial Theory and Methodology

Following the individualism methodology and economic person hypothesis of the main economics,classical financial theory is based on rational financial behavior of economic individual.Influenced by these traditions,theoretical structure of finance doesnt belong to the entity finance,but to the formalism finance,which corresponds to the formalism economics.Because of its "zero embeddedness" position,"engineering" structure and "universalism" tendency,financial theory is absent of plenty realistic explainable function.