| 1,016 | 6 | 17 |
| 下载次数 | 被引频次 | 阅读次数 |
数字经济作为新兴模式,逐渐成为经济发展主体。文章从数字产业角度分析山东近几年上市企业发展状况,选取浪潮信息作为典型样本,采用金融理论上经典的股权自由现金流折现模型作为工具,计算企业内在价值,并将模型应用到6家上市企业中,同时对比分析江苏、浙江两省同类企业。实操结果显示山东数字产业领域具有较大的发展潜力,同时从数据层面总结归纳出若干对山东数字企业产业的发展建议。
Abstract:As an emerging model,digital economy has gradually become the main body of economic development.This paper analyzes the development of listed enterprises in Shandong in recent years from the perspective of digital industry.The Inspur information is selected as the typical sample and the classic discounted model of free cash flow to equity in financial theory is used as a tool to calculate the intrinsic value of the enterprises and applies the model to 6 listed companies.Then,this paper comparatively analyzes the similar enterprises of Jiangsu and Zhejiang provinces.The practical results show that the digital industry in Shandong province has great potential for development.Some suggestions on the development of listed digital industry in Shandong province are summarized from the data level.
[1] 向坤.数字经济前景光明.[N].光明日报,2019-07-05(002).
[2] 山东省人民政府办公厅.关于印发数字山东2019行动方案的通知[EB/OL].2019.3.
[3] 山东省人民政府.数字山东发展规划(2018-2022年)[EB/OL].2019.2.
[4]林文夫(Fumio Hayashi).冉启康,朱保华,译.计量经济学[M].上海:上海财经大学出版社,2005.
[5] 兹维·博迪.投资学原书第10版[M].北京:机械工业出版社,2017.
[6] 高顿财经研究院编著.CFA二级中文教材[M].上海:立信会计出版社,2019.
[7] Gordon.The investment,financing,and valuation of the corporation[J].Praeger,1982,160(1).
[8] 王玥婷.基于β系数的股票风险实证研究[J].黑龙江工程学院学报,2018,32(06).
[9] 伦敦同业拆借利率.[EB/OL].https://www.global-rates.com/interest-rates/libor/libor.aspx,2019.7.
[10] 李树妍.企业价值评估之公司自由现金流模型实证研究[J].产业与科技论坛,2016,15(16).
基本信息:
中图分类号:F275;F832.51;F49
引用信息:
[1]金子涵.山东数字产业上市企业估值分析——基于股权自由现金流模型[J].齐鲁师范学院学报,2020,35(03):106-114.
2020-06-01
2020-06-01