财务基于财务报表分析企业价值.docx

中文4400字Babic Z, Plazibat N. Enterprise Value Based On The Analysis Of Financial Statements [J]. International journal of production economics, 2008, 56: 29-35EnterpriseValue Based On The Analysis Of Financial StatementsZ Babic, N PlazibatAbstractAnalysis of data on the financial statements, the use of discounted cash flow method, the relative value of other methods to analyze financial statements and financial data to find useful data on the enterprise value analysis, with its inherent value is the closest a value to facilitate management by better management decisions and investment decisions of enterprises. Now, under the conditions of market economy, the enterprise itself can be traded in the market of goods, by the profits to maximize the conversion to maximize the value of. Therefore, the enterprise value based on financial statement analysis is particularly important. Financial statements as a reflection of the financial position and operating conditions of enterprises, statutory information of listed companies, the real financial statements data can reveal the enterprises past operating results, the pros and cons of the identification of business, to forecast the future of the enterprise.The article first describes the limitations of the traditional statements and how to improve, then the enterprise value is based on the improved report.KEYWORD:Financial statements, corporate value,Enterprise value evaluation1 Introduction1 The meaning of enterprise valueThe enterprise value is accompanied by the emergence of property rights trading market in the 1960s, a concept first proposed by the U.S. regulators. Under market economy conditions, the goods of the enterprise itself is a transaction in the equity market as the commodity stakeholders, including investors, creditors, managers must understand the value of the business. Enterprise value as a commodity currency performance.1.2Analysis of the significance of enterprise valueEnterprises maximize the value of think