隐含资本成本估算技术:模型推演、评述与展望

被引：3

作者：

邹颖

汪平

机构：

[1] 首都经济贸易大学会计学院

来源：

经济与管理研究 | 2013年 / 02期

关键词：

隐含资本成本; 期望报酬率; 剩余收益; 非正常盈余增长;

D O I：

10.13502/j.cnki.issn1000-7636.2013.02.015

中图分类号：

F275 [企业财务管理];

学科分类号：

摘要：

资本成本是现代财务理论的核心概念,是架构财务理论体系的基础。20世纪90年代以来,被广泛应用于学术界的隐含资本成本估算技术在这一领域取得了重大的进展。这种估算技术高度依赖市场分析师对于未来的预测,以及研究者对于未来盈余性质、波动幅度和预测期间的假设。本文借鉴Easton(2007)的研究思路,对隐含资本成本估算技术的理论基础及其模型推演进行分析和论证,并对当前资本成本估算技术存在的问题进行相关评述。

引用

页码：42 / 51

页数：10

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