Financial Rationality of Land Reserve Based on Value Engineering in China

摘要：

Starting from financial relationship between cost and function of land reserve project with the assumption that the price of land reserve project is given, this article put forward a capital structure model for matching the cost of a land reserve project with its function from the perspective of value engineering. Given a capital structure, a research on how to determine the reasonable reserve scale a of land reserve and period of a land reserve project by using quantificational financial approach, which may provide a theory supporting for governments more rational decision-making on land reserve, is carried in this article.

关键词： Financial rationality Land reserve Macro-function Micro-function Value engineering

作者: Hong YANG

作者单位: Accounting School of Wuhan University of Science and Engineering,Wuhan,P.R.China,430077

会议类型: 国际会议

会议名称: The 2nd International Conference on Vale Engineering and Vale Management(2009)(2009年北京价值工程与价值管理国际会议)

会议地点: 北京

会议语种:英文

页码: 486-491

在线出版日期: 2009-10-16（万方平台首次上网日期，不代表论文的发表时间）