【摘要】 公司财务学的学科归属，是决定财务学体系构造的重大理论问题。财务学归属于经济学还是归属于管理学，直接决定财务学的体系结构和具体内容。西方财务学被归之于经济学，作为经济学的分支学科，是因为财务学渊源于经济学，财务学的发展深受经济学的影响，并且财务学与经济学具有相同的研究范式，逻辑上具有一致性。经济学科观虽在西方财务学界获得普遍认同，但由于金融化过度、抽象化过度和简单化过度，导致按照经济学科观构造的财务学体系与财务实践处于“两张皮”状态。破解和走出此困局，需要转换学科归属观，构建基于管理学立场的财务学体系。实际上，20世纪60年代至90年代初，中国财务学就是被作为管理学的分支学科建构和发展起来的。这期间，中国学者提出的资金运动论不仅是对财务对象理论的重大突破，更对财务学具有学科整体创新和发展的重大意义。可以说，以资金运动论为核心的财务学科体系标志着中国财务学科发展曾走过一条独特的自主探索之路。本文的观点是，根据中国特色社会主义市场经济的要求，赋予传统的资金运动论以新的内涵，在此基础上，充分借鉴和吸纳西方财务学的研究成果，完善以资金运动论为核心、基于管理学归属观的中国自主财务学体系。在公司财务性质既定的前提下，学科归属观的差异直接影响财务学体系的整体框架及每一项构成要素的内涵。立足资金运动论，并将经济学归属观转换为管理学归属观，不仅公司财务学的整体框架需要调整，基本内容需要扩展，而且每一项构成要素的内涵也需要重新解释，基础理论也需要重新选择，还需要把财务管理的职能、机制、流程和方法纳入财务学体系。更多还原

【Abstract】 The disciplinary affiliation of corporate finance is a major theoretical issue that determines the construction of the finance system. Whether finance belongs to economics or management directly determines the system structure and specific content of finance. Western finance is classified as a branch of economics because it has its origin in economics, its development is deeply influenced by economics, and it shares the same research paradigm and logical consistency with economics. Although the economic discipline view is widely recognized in the Western financial academic community, due to excessive financialization, abstraction, and simplification, the finance system constructed based on this view is in a state of “two-piece-skin” with financial practice. To break through and get out of this dilemma, it is necessary to change the view of disciplinary affiliation and build a finance system based on the management discipline stance. In fact, from the 1960s to the early 1990s, Chinese finance was constructed and developed as a branch of management. During this period, the theory of capital movement proposed by Chinese scholars was not only a major breakthrough in the theory of financial objects, but more importantly, it had great significance for the overall innovation and development of the finance discipline. The finance discipline system with the theory of capital movement as the core marked that the development of the Chinese finance discipline had once taken a unique path of independent exploration.The answer of this paper is that, according to the requirements of the socialist market economy with Chinese characteristics, new connotations should be given to the traditional theory of capital movement.On this basis, by fully drawing on and absorbing the research results of Western finance, China’s independent finance system with the theory of capital movement as the core and based on the management discipline affiliation view should be improved. Given the predetermined nature of corporate finance,differences in the disciplinary affiliation directly affect the overall framework of the finance system and the connotations of each constituent element. Based on the theory of capital movement, and shifting the disciplinary affiliation from economics to management, not only does the overall framework of corporate finance need to be adjusted and its basic content expanded, but also the connotations of each constituent element need to be reinterpreted, the foundational theories need to be re-selected, and the functions,mechanisms, processes, and methods of financial management need to be incorporated into the finance system.更多还原