Construction of valuation model of target enterprise in merging based on optionsgame theory

摘要

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.