| Let’s consider money and economic value of company A, company B and company
C. (Fig.10)
Money of company A is economic value of company B and company C.
Money of company B is economic value of company A and company C.
Money of company C is economic value of company A and company B.
--> Economic value of company A is money of company B and company C.
--> Economic value of company B is money of company A and company C.
--> Economic value of company C is money of company A and company B.
All economic values of companies are possessed as sum of money (dynamic value).
It is traditional way of thinking that source of value of company (value of equity) is future cash flow of company. But money of company is source of value of company of other company. Therefore future cash flow is source of value of other company.
To use money of my company smoothly is to supply money of other company
smoothly. As a result, economic value of my company increases. (Raising
of the pay standard produces a similar effect.)
To keep possession of money is obstructive factor of increase of economic
value of my company.
|