摘要
并购中传统的评估方法低估目标企业的价值,期权方法能对企业的隐含价值进行合理估价.本文通过分析并购与期权的联系,建立了并购中隐含价值的期权评价模型,并给出了实例,用该模型可以正确对目标企业的价值进行评估.
The value of target enterprises is underestimated by the traditional assessment method while being merged,using the option method, the implicit value of enterprises can be appraised rationally. In this paper, the relationship between mergence and option is analysed, and the appraising model of option which assesses the implicit value of mergence is set up, and some examples are given, so the value of target enterprises can be evaluated correctly by this model.
出处
《沈阳工业学院学报》
2004年第4期87-89,共3页
Journal of Shenyang Institute of Technology
