现金流量模型与经济利润模型的比较  

作　　者：丁伟一[1] 丁静[1] 游丽[1] 

机构地区：[1]潍坊医学院,山东潍坊261053

出　　处：《中国西部科技》2008年第14期30-32,共3页Science and Technology of West China

摘　　要：本文运用理论和实践的方法对评估企业价值的两种主要财务模型进行分析与比较,试图说明两个问题:①理论证明用现金流量折现模型和经济利润模型计算出的企业价值是一致的;②经济利润模型和现金流量折现模型各自应用专长及经济利润模型近年来受到企业价值评估师的青睐的原因。希望通过本文的分析,能给企业价值评估人员提供一些新的视角。This thesis uses academic and practical way to compare Cash Flow Model and Economic Profit Model which are both frequently used to evaluate value of the enterprise.This thesis tries to illustrate two questions：（1）Using theories to prove the consistency between Cash Flow Realization Model and Economic Profit Model when they are both used to calculate value of the enterprise;（2）Cash Flow Realization Model and Economic Profit Model have different merits. And the reasons why Appraisers favour the Economic Profit Model.This thesis may provides some new angles of view to Appraisers.

关 键 词：现金流量折现模型 经济利润模型 加权平均资本成本 

分 类 号：F275[经济管理—企业管理] F127[经济管理—国民经济]