企业价值评估途径综述及理论框架整合研究

The Theoretical Framework for the Integration of Research of Business Valuation Approaches

随着我国市场经济及证券行业的迅猛发展,企业之间的并购重组业务越来越多,企业价值评估尽显重要;而如何对企业价值进行恰当有效的评估,成为企业价值评估所要探讨的核心点。当前企业价值评估方法颇多,综合来看,缺少一些整体性的规范途径框架。试图以资产评估三大基本途径为逻辑起点,结合企业内外部层面及企业价值评估特点,从新的视角对企业价值评估途径的理论框架进行规整,通过对基本途径及具体方法的评述,期望形成一个以三大评估途径为主框架、具体评估方法为内容的途径体系研究思路。

With the rapid development of market economy and the securities industry in China, there are more and more mergers and acquisitions business among enterprises, and the enterprise value assessment is getting important. How to assess the value of the enterprise effectively becomes the core point of enterprise value assessment to explore. There are many methods of the current enterprise value evaluation, but is lack of some overall standard channel framework. This paper attempts to use three basic ways of assets assessment as the logical starting point, combine with the internal and external level and the enterprise value evaluation, from the new angle of view for enterprise valuation theory framework and approach structure, with a review of the basic approaches and concrete methods, expect to form an approuch three evaluation methods as the main frame and the specific evaluation method as the content.