Based on the multi-Nash equilibrium solution and the surplus expropriation, the paper re-expands the economic power game model of the stock price with the factor owners, to analysis the individual with different resource is how to make the distribution of the firm surplus and the stock value. The model shows that the resource is more, the control right and the stock price will be higher. Owning to the difference of the resource and the economic power structure, the stock price will be different.

Download