| Venture capital mainly invests in high-tech enterprises, the pricing of high-tech enterprises have become the core issues in Capital operation. This paper first systematically surveys the basic theory and method of researches about the evaluation of enterprises, the method of assessing the value of high-tech enterprises, and issues about the methods of fuzzy math on the enterprise valuation. Points out research actuality and problems it has being in these evaluation models, the favorable factors of Fuzzy mathematical methods in the value assessment of high-tech enterprises. Then clarify the basic definition of fuzzy mathematics and the theory expounded, as the theoretical support for improving model. Finally, for the development of high-tech enterprises uncertainty characteristics, applying the method of fuzzy math to improve option pricing model, considering the impact of the subjective factors -investor's risk preference on the enterprise value, adding the parameters of the investor's risk preference. Based on the enterprises we research in Hefei, applying the fuzzy option pricing model to get the value of these high-tech enterprises. |
PDF Full Text Request