基于生命周期的企业价值评估方法研究

随着中国市场经济结构不断完善和企业优化竞争速率的激增，企业价值评估的重要作用日渐凸显，企业价值评估方法封市场定价和企业价值观有着重要的导向作用。不同生命周期阶段，影响企业创造价值的因素不同，企业价值评估方法也应不同。本文依据企业生命周期理论，以现金流量模型为基础，结合企业所处的生命周期阶段，补充现金流量模型在评估企业价值时的不足之处，为企业寻找更加合理的价值评估方法。

The methods of enterprise valuation assessment based on life cycle

With the continuous improvement of China＇s market economic structure and the hasten optimization and competition of enterprises, the role of business valuation assessment is highlights, and its method plays an important orientation role to the market pricing and corporate values. The factors that affect value-creating are different in different life cycle stages, so the conditions for enterprise value evaluation method is also different. Based on corporate life cycle theory, corporate will be placed in their respective corporate life stages, this paper adopts cash flow model, and combines with the life-cycle stages of companies in which to supplement the cash flow model in assessing the business value of the inadequacies, in order to looking for a more reasonable valuation method for enterprises.