摘要: |
根据跨国经营企业价值/汇率弹性模型,得出了企业价值与汇率的函数关系;进一步,利用某些企业的实际数据,确定了这些企业价值与汇率关系式的系数,并预测了某企业未来价值的变化趋势。实证分析结果表明,跨国经营企业价值与汇率的相关性最高,其回归所得的函数具有较好的短期(一个季度内)预测效果,可以用于预测短期内跨国经营企业价值的变动。 |
关键词: 汇率 企业价值 跨国经营企业 价值 实证分析 |
DOI: |
修订日期:2000-05-18 |
基金项目:国家自然科学基金资助项目 |
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Practical Analyzing of Exchange Rates'''' Affection on Multinational Enterprises'''' Value |
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Abstract: |
Function relations between exchange rates and multinational enterprises' value is deduced on the basis of exchange rates/multinational enterprises' value model. The coefficients of function relationship are calculated by means of real data of some enterprises in China. Finally, a multinational enterprise's value's trend is forecast. Analysis shows the significant relation between multinational enterprise's value and exchange rate and that its regressive function has a powerful forecasting ability for the short term (whthin a quarter) enterprises' value change which might facilitate the anticipation of the future value of a multinational enterprise. |
Key words: exchange rate,enterprises' values,multinational enterprises |