价值评估工具-应用数学专业论文.docxVIP

竺壹翌三奎兰堡主兰壁垒兰ABSTRACT 竺壹翌三奎兰堡主兰壁垒兰 ABSTRACT To discuss the broad topic entirely,author divide this paper into three chapter． The preceding two chapters are involved in the discussion in terms of theory，the third chapter is zoomed in the practice of valuation appraising instrument．The preceedings is focused Oil the normative research method and the later on the positive method． Nevertheless，theory and practice is in coordination．In this paper，the practical question always indict some theoretical framework and some theory are brought forward is owed to the author’S practice on this field and the former studies of other researcher． Valuation appraising instrument is applied more and more broadly．Besides，it is a relative new instrument．But even in the concept，there are no unanimous opinion．This is the chief topic need discussing and author discuss that via the dividing of the application levels of this instrument。 The appraising instrument is tend to the modeling and standardization and maybe as a bridge of international business communication just like the financial reporting system．Furthermore，there will produce a new profession．As a branch of finance discipline，the position should be determined． The‘Discounted Cash Flow’theory and the‘Enterprise Value’theory are the core of the modern finance discipline．And they are the basis of the DCF model．A successful model need to consider too many factors，but the most importance are the estimate of the cashflow and the evaluation of the risk．Author make effort to describe the key facotors in the model and show a sample of the standard model． Key Words：valuation appraising，discounted cash flow，IRR II 华南理工大学 华南理工大学 学位论文原创性声明 本人郑重声明：所呈交的论文是本人在导师的指导下独立迸行研究所 取得的研究成果。除了文中特别加以标注引用的内容外，本论文不包含任 何其他个人或集体已经发表或撰写的成果作品。对本文的研究做出重要贡 献的个人和集体，均已在文中以明确方式标明。本人完全意识到本声明的 法律后果由本人承担。 作者签名： 学位论文版权使用授权书 本学位论文作者完全了解学校有关保留、使用学位论文的规定，同意 学校保留并向国家有关部门或机构送交论文的复印件和电子版，允许论文 被查阅和借阅。本人授权华南理工大学可以将本学位论文的全部或部分内 容编入有关数据库进行检索，可以采用影印、缩印或扫描等复制手段保存 和汇编本学位论文。 保密口，在 年解