Compare Research on Corporation Valuation Model

摘要：

With the rapid development of the property right market of specializing in buying and selling the corporation, people increasingly and clearly realize the corporation itself is a kind of commodity, though it produce commodity in the condition of market economy. In this paper, compared residual income valuation model with abnormal earning growth model proposed by Ohlson, the former model uses incoming and book value instead of dividend in the dividend discounted model, and the latter model induces earnings per stock in the valuation model. It made accounting data become the valuation variables, not valuation signals. In the end, it does compare research between two models.

关键词： Corporation value Clean surplus relationship Abnormal earnings

作者: WANG Linan

作者单位: Jilin University of Finance and Economics, Changchun, P.R.China 130117

会议类型: 国际会议

会议名称: The 5th International Conference on Product Innovation Management(第五届产品创新管理国际会议 ICPIM 2010)

会议地点: 武汉

会议语种:英文

页码: 703-706

在线出版日期: 2010-07-10（万方平台首次上网日期，不代表论文的发表时间）