论公允价值计量对股票内在价值的影响

金融危机发生以前,企业广泛采用公允价值核算。但是,在金融危机发生以后,公允价值的运用便受到投资者的怀疑。投资者为了提高风险管理水平,对股份公司的现金流更加关注,对资产价值的评估变得较为保守。实际上通过对企业公允价值计量方法的分析,可以判断公允价值变动对股票内在价值产生的影响。

Before financial crisis,enterprises widely accepted fair value accounting,but after financial crisis,the application of fair value has been doubted.Investors pay more attention to stock companies＇cash flow and turn to be more conservative over asset value evaluation in order to improve risk management level.Actually,through the analysis on measurement method of enterprise fair value,it is possible to judge the impacts of fair value changes on stock intrinsic value.