并购估价

实物期权在并购估价中的应用

The Application of Real Option in the Evaluation of Merger and Acquisition

中国商业银行跨国并购估价风险评估研究

Research on the Evaluation of Risk Assessment in Cross-border M & A of China Commercial Bank

上市公司：并购类型对交易估价假设影响的关联度

PLCs : An Empirical Analysis of the Correlative Degree about the Effects of the MA Types on the Transaction Evaluation 's Assumption

本文用实证分析的方法，对上市公司并购过程中设计并购类型对交易估价假设影响关联度提出一些浅见。

This paper brings forward some views on correlative degree for the effects of the MA types on the transaction evaluation 's assumption by an empirical analysis .

众所周知，企业并购成功的前提是对被并购企业的合理估价，这使得利用期权为企业估价的研究有其客观必要性。

As everyone knows , a prerequisite for successful mergers and acquisitions are on a reasonable valuation of mergers and acquisitions business , which makes use of option valuation study for the enterprise has the necessity of its objective .

其次，介绍了并购风险管理理论，风险&收益对称理论和实物期权估价理论在并购估价中的应用，并介绍了商业银行跨国并购估价风险评估的模糊综合评估模型和VaR评估模型。

Second , the thesis applies managerial theory of the risk in M A , risk-profit symmetry theory and real option theory used in assessment of M A. It provides the vague and comprehensive model as well as VaR assessment models to multinational M A risk assessment in commercial banks .

建立了并购创造价值的估测模型，具体包括协同效应模型、并购交易估价模型和并购净收益模型。

Setting up estimation model of value creation in M A , including Synergy Effect Model , M A Transaction and Evaluation Model , M A Net Income Model , etc.