基于财务信息的企业知识资产评价模型及应用研究  

An analysis on the application of enterprise value evaluation model based on financial information

作　　者：朴哲范[1] 郑祺勇[1] 

机构地区：[1]浙江财经学院,浙江杭州310018

出　　处：《科学学研究》2008年第S2期451-456,共6页Studies in Science of Science

基　　金：浙江"钱江人才计划"基金项目(QJC0602012)

摘　　要：从知识资产理论、企业价值理论和企业经营机制理论出发,借鉴了Lev和Sougiannis,Feltham and Ohl-son,Wonheum.Lee和SuMi.Choi等人的理论,导出知识资产评价模型和各资产对企业总价值的贡献程度。并选取了2005-2007年在沪深上市的80家浙江上市公司为研究对象,进行实证研究。根据实证结果,技术资产对企业价值的贡献度不高;营销资产的投入加大,没能带来期待的收益和企业价值的贡献。This paper,from the theory of intellectual assets,enterprise value and the operational mechanism of enterprises,drawing on the Lev and Sougiannis,Feltham and Ohlson and Wonheum.Lee and SuMi.Choi,comes up with the evaluation model of intellectual assets and the contribution level of assets to the total value of enterprise.The paper selects 80 listed companies in Zhejiang province for empirical study,and the period is from 2005 to 2007.According to empirical results,the contribution level of technological assets to the enterprise value is not high;increased investment in marketing assets fails to bring about expected earnings and contribution to the enterprise value.

关 键 词：财务信息 知识资产 企业价值 贡献度 

分 类 号：F275[经济管理—企业管理] F224[经济管理—国民经济]