| Ministry of Finance(MOF) promulgated the guidance on promoting the assets appraisal firms bigger and stronger to do the best at the end of 2009, and clearly put forward our country’s assets appraisal firms to do a better and stronger overall goal: For 3 to 5 years, to cultivate 3 to 5 annual business income over 200000000 yuan, the number reached 200 people, has a strong comprehensive service capabilities, able to participate in international competition flagship assessment agencies, 30 annual income of more than 50 yuan, 100 people, has a strong core competitiveness, can be competent for domestic large enterprises and listing Corporation to assess the business of 5000000 yuan, to meet the needs of regional economic development, with regional competitiveness assessment agencies.But at present, China’s economy has entered a "new normal" state of development, economic growth from high growth into a controllable, relatively balanced operating range. At the same time, due to the inherent demand decline, weak external demand and the role of a variety of deep economic consequences of changes in the role of economic downward pressure, which means that enterprises are also facing a more severe economic situation, which is also a huge challenge for the assets appraisal firms.Firstly, this paper makes a review of the related theories and literature review on the scale of the assets appraisal firms in china.The related theory is described separately from economies of scale theory, transaction cost theory, wealth utility theory and human capital theory and other theories.The literature review discusses the factors that influence the scale development of assets appraisal firms through multiple perspectives;Secondly, after the analysis of the scale of the assets appraisal firms in china, and on the basis of the comprehensive assessment of the evaluation of the assets appraisal firms of the top 100 information announced in 2014 by China Appraisal Society and the data from the top 50 assets appraisal firms collected manually, this paper tries to set up the multiple factors regression analysis mode by using the Translog cost function and the statistical software called SPSS,then through the model,we can get the factors which affect the scale development of assets appraisal firms in China,the operating performance of the assets appraisal firms with its customers’ total assets, the number of customers and PVers shows a positive correlation, and its branch number does not exhibit significant correlation. And only 6 of the top 50 of the assets appraisal firms in the size of the economic coefficient is greater than 1, the other most of the assets appraisal firms of the scale of economic coefficient is less than 1, the performance of the scale is not economic.Finally,this paper puts forward the path of the scale development of our country’s assets appraisal firms and policy recommendations.The innovation of this paper has the following three points: one is the innovation of the research angle. Through theoretical analysis and empirical analysis, this paper analyzes the realistic state of the scale development of China’s assets appraisal firms, and provides a new way for the development of the scale of assets appraisal firms in China. The second The second is the innovation of the research content. By using multiple linear regression model and Translog model,this paper analyze the factors which affect the development of the assets appraisal firms’ scale and their scale economy in our country, in order to put forward Suggestions to the further development of the asset appraisal institution in our country.The third is the innovation of application. Domestic and foreign literature is more concerned about the scale of the development of accounting firms, this paper by using the scale of the experience of accounting firms, and put forward the path of the scale of the development of assets appraisal firms and the suggestions for sustainable development. |
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