【作者】 江兵； 韩彦君； 彭笑笑；

【Author】 JIANG Bing;HAN Yan-jun;PENG Xiao-xiao;School of Management, Hefei University of Technology;

【机构】 合肥工业大学管理学院；

【摘要】 上市公司的信息披露制,使得利用财务报表数据对上市公司进行综合评价成为一种可行、可靠的途径,而如何衡量指标原始数据的价值,就成为评价的关键。本文从国泰安数据库中选择常用的3个区间型指标和12个效益型指标,以2013年第3季度电力行业60家上市公司的数据为样本,根据各指标的经济意义与统计特性,分别建立相应的正态分布型、对数正态分布型和威布尔型价值函数。实证研究表明,通过建立价值函数,能够较好地反映上市公司财务指标的价值大小,同时也有利于评估工作的常态化和规范化。更多还原

【Abstract】 Due to the information disclosure system, it is now a feasible and reliable method to make a comprehensive assessment of listed companies by means of the financial statement data. Therefore, the method of measuring the value of the original data becomes crucial for the assessment. This paper chooses 3 interval indexes and 12 benefit indexes, both of which are typical, from GTA database. The data for the third quarter in 2013 of 58 listed companies of power industry is taken to be the sample. According to its economic meaning and the statistic characteristics, we create three value functions respectively, including normal distribution function, log- normal function and Weibull function. The empirical study shows that it is an effective way to measure the value of the listed companies by creating value functions. It is also a beneficial way for the normalization and standardization of our evaluation.更多还原