摘要
本文借鉴西方资本成本的理论和经验,研究我国保险公司的资本成本。运用CAPM模型,以中国人寿保险股份有限公司为例,说明了保险公司权益资本成本的计算方法,所使用的研究方法及结论为我国保险公司优化资本结构、提高企业价值提供了决策依据。
This article refers to the western theory and experience of cost of capital in order to research on the cost of capital for insurance companies in China.With China Life Insurance Company Limited as an example,CAPM is used to illustrate the methodology of the cost of equity capital estimation.The research methodology and conclusions of this article provide the basis of decision-making for China s insurance companies to optimize the capital structure and increase the value of enterprises.
出处
《保险职业学院学报》
2008年第1期32-35,共4页
Journal of Insurance Professional College
