Enterprise Value Evaluation Method Study

With the constantly deepening of economic system reform of our country, the further development of market economy has caused the commoditization of the property right, and promoted the flow, reorganization and transferring of the property right. This phenomenon has created the condition for enterprise's whole commoditization and commoditization of composition assets. At the same time, enterprises enter the market gradually as goods and are divided into small parts or even sold wholly, but the transactions of property right should follow the law of value of market economy and exchange law too, therefore, which has produced the need of evaluating enterprise.This paper carries on research on the kinds of value assessment method commonly used by enterprises (cost approach, income approach and market approach) at present in our country, probes into and analyses the advantages and disadvantages of various kinds of value assessment method, suitable condition and coefficient method of calculating assessment. This paper is divided seven chapters altogether; the main content is as follows:Chapter one is the introduction, which mainly includes the proposition, domestic and international research current situation and the research purpose of this text and its thoughts to solve problems.Chapter two illustrates enterprise's value assessment theory knowledge wholly; carrying on the summary to enterprise's value assessment method.Chapter three analyses from theory analysis, reality analysis and countermeasure that law of cost bases on these three respects and analyses the advantages and disadvantages of cost approach. And in the concrete assessment practice, the appraiser adopts cost approach more to analyze, putting forward some suggestions to the improvement of cost approach finally.Chapter four sets about from basic model of income approach, to choice and confirm and definite principle and method of discount rate carrying on discussion, and income of volume.Chapter five sets about from concept of market approach, and carries on the discussion to choice and choice, assessment rate and object of reference of enterprise.Chapter six carries on comparative analysis to three kinds of methods of enterprise's value assessment through the cases.Chapter seven comes to the conclusion...