The Theory And Evaluation Of An Enterprise Value

With the deepening constantly reform of industry of our country, the operating management environment of enterprises has changed deeply. How to use scientific long-term planning to raise the value and enhance the competitive ability, has already become a great strategic question to sustainable development for enterprises.This paper consists of five chapters. Chapter one is the preface, and summarizes the meaning of the selected title, theory tools and research approaches used in this paper, and the basic thinking and logic structure of this paper. Chapter two firstly expounds the concept of enterprise and enterprise value, then analyses the effecting factors from inner and outer aspects, then expounds the theory of valuation. Chapter three analyses the different methods, and then offers a proper method for enterprises. Chapter four deeply analyses the steps of valuation, according to oil field enterprise data. Chapter five is a conclusion part of this paper.This paper is on the basis of raising the value of enterprises, adopts the way combined criterion study and demonstration study, and uses synthetically such research approaches as qualitative analysis and quantitative analysis, etc., and puts forward the methods and steps of valuating the enterprises valuation, and also offers the theory of making long-term planning. According to oil field history data, expounds how to valuating the valuation using discounting cash flow method. And method also has some meaning using for reference to other enterprises.