摘要
构建了同时考虑财务因素和非财务因素的企业公允价值评估模型。首先,利用层次分析法计算财务因素和非财务因素对企业价值的影响系数;然后,在传统自由现金流量模型的基础上,使用此调整系数,构建企业公允价值评估模型;最后还选取汽车制造上市企业进行实证研究,证明了该模型的适用性。
This paper constructs enterprise fair value evaluating model considering both of financial factor and non-financial factor. First, Influence coefficient of these two factors on enterprise value shall be calculated by AHP. Then on the base of traditional FCFF Model, adjust coefficient shall be applied to construct enterprise fair value evaluating model. Finally, we choose listed companies of Automobile Manufacturing Industry for empirical research and prove its applicability.
出处
《价值工程》
2009年第4期53-57,共5页
Value Engineering
