虚拟企业价值评估研究

虚拟企业在产生高收益、高效率的同时也蕴藏着高风险，这就需要公正地评估虚拟企业的投资价值。以便于虚拟企业的客户、投责人以及相关利益者了解虚拟企业的价值所在，做出正确的决策。在对虚拟企业进行价值评估时应充分了解虚拟企业的基本类型和关键要素，并对虚拟企业价值进行剖析。在评估方法的选择上建议以收益现值法为主要方法，辅以成本法为参考．同时在条件许可时也可采用市场乘数法，并以虚拟企业核心能力为评估重点，根据被估企业的具体状况和评估要求来因时因对象制宜。从而达到评估的目的。

A Study on Valuation of Virtual Enterprise

There contains high risk besides the high income and high effic iency for virtual enterprises. It is necessary to fairly evaluate the investment value of virtual enterprise so that the customers, investors and stakeholders c an learn the real value of the virtual enterprise and make correct decision. Whe n we evaluate the virtual enterprise, we should understand the fundamental sorts and key factors as well as analyze the value of virtual enterprise. We suggest the Income Discounted Method as the major appraisal method, Cost Method as refer ence, and the Market Multiplier Method also can be used when the preconditions a re met. And we should treat the core competence of virtual enterprise as the val uation emphasis, reach the evaluation objective contingent on the specific cond ition of the appraised enterprise, the requirement of evaluation, specific time as well as different object.