Application of Fair Value in the Transfer of State-owned Enterprise Equity
- 管理学院－已发表论文 
由于上市公司国有股权的不可流通性,其转让缺乏可观察的市场定价机制,现行的以历史成本为基础的定价模式存在明显的缺陷。文章提出以公允价值为基础的定价模式取代现行模式,弥补了历史成本模式的不足,并为公允价值模式在实践中的应用提供了一种思路。Because of its inability to circulate in the market, the state-owned enterprise equities lack perceivable valuation bases. The present practice of taking historical costs as the evaluation basis is apparently questionable. In their article, the authors suggest a replacement of the present pricing with fair value model, arguing that it may eliminate the defects exist with historical model and shedding some light on the pricing practice of state-owned equities.