Title :
Construction of valuation model of target enterprise in merging based on options&game theory
Author :
Wu, Ning ; Zhang, Chaohui
Author_Institution :
Sch. of Finance & Econ., Jiangsu Univ., Zhen Jiang, China
Abstract :
It is well known that economic globalization for enterprise merging frequently is inevitable, which is the basic premise for making decisions to evaluate enterprises. Therefore the enterprises must choose and use methods of valuation reasonably. However, traditional methods of valuation of target enterprise have flaws. In view of the fact, this paper has constructed a scientific valuation model of target enterprise based on options&game theory in hope of providing instructions for merging practice.
Keywords :
corporate acquisitions; decision making; economics; game theory; globalisation; decision making; economic globalization; enterprise evaluation; enterprise merging; game theory; options; scientific valuation model; Cost accounting; Economics; Games; Investments; Merging; Nash equilibrium; Pricing; merging; options&game; valuation;
Conference_Titel :
Artificial Intelligence, Management Science and Electronic Commerce (AIMSEC), 2011 2nd International Conference on
Conference_Location :
Deng Leng
Print_ISBN :
978-1-4577-0535-9
DOI :
10.1109/AIMSEC.2011.6010711
