摘要
由于对并购目标企业价值评估的传统方法存在一些固有的不足 ,本文引入实物期权的评估方法。在分析目标企业的期权性特征和定价特点后 ,建立一个基于扩张期权的目标企业价值评估模型 。
Real option methods is presented in this paper, because of some inherent drawbacks of traditional methods in valuation. After analyzing the option characters and pricing speciality of acquired corporations, the paper provides a valuation model of acquired corporation based on option to expand, and demonstrates the superior of the new valuation model.
出处
《系统工程》
CSCD
北大核心
2004年第3期20-24,共5页
Systems Engineering
