摘要
在剩余收益模型的基础上,提出了资产波动法和收入波动法,并以2004-05美国新桥投资收购深发展的股权为案例,运用收入波动法模型,利用MATLAB程序做出了蒙特卡罗模拟,得到有关结论。
Based on residual income valuation model, this paper analyses the value characteristic of the commercial banks and puts forward relevant valuation models assets fluctuation model and revenue fluctuation model. Finally, this paper tests the valuation model put forward in chapter four with example of New Bridge acquisition 17. 89% stocks right of Shenzhen Development bank in May 2004 by Monte Carlo simulation with MATLAB, which proves the rationality of these two methods in banking industry and preparation for next related research.
出处
《系统管理学报》
北大核心
2007年第2期198-202,共5页
Journal of Systems & Management
关键词
剩余收益模型
资产波动法
收入波动法
商业银行
valuation model
commercial banks
F-O model
assets fluctuation model
revenue fluctuation model
