关于生命周期的软件企业价值评估.pdfVIP

基于生命周期的软件企业价值评估 段法，并建立了DCF模型和金融学中的期权定价模型相结合的模型进行企业 价值评估。 根据上述研究思路，本文对软件企业价值评估方法进行探讨，通过提供 定性与定量、主观与客观相结合的软件企业价值评估方法使软件企业价值评 估结果更加公允、合理，达到便于风险投资者选择投资对象、软件企业进行 价值管理的目的。 关键词：企业生命周期 层次分析法DCF法期权定价模型 2 ． ABSTRACT Thesoftwareisone the90suntil emergingprofession,frompresent,software andtheserviceinour has 30％above product countrygrown everyye鸡which by hasenormous tothenational Governmentmakes impetus economy．Our great effortsto its as tax promotedevelopment,suchreducingrevenue．establishing software lotsofSoRware withthe garden,making Companyestablished．Along ofAmerican tide andtheestablishment Board ofmerger ofImbarking NASDAQ， and enteredthetime Software ofarmexation, EuropeanHongKong,OurEnterprise and thesoftware has mergeracquisition,valuatingenterpriseappraisedimperative． Thetraditionalmethodof stresseson stable valuatingenterprise valuating liesthe thesoftware valueon enterprise．While intangibleassets，such company’s thecole andsoon．Itisalsoakindof as technology．software technologies，patent enterprisehavinghigh·risk,highinvestment,high makesit differentfromtraditional nature，which competition,hi曲potential andhasdifferentevaluation