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问题的提出自今年年初开始的首轮行情,我们欣喜地发现中国投资者的投资取向发生了明显的变化,由原来的“概念炒作,集中投资”转变为崇尚蓝筹股的价值型投资。人们开始越来越重视对上市公司的内在价值和综合竞争力的评价。如何评价一家公司综合竞争力?如何避免受个体造假对整体判断的影响?如何界定某一上市公司股票的投资价值,并判断其是被高估还是被低估? 目前有众多的评价方法和体系。美国管理会计学教授Kaplan在其《Advance Management Accounting》一书中提出以财务数据为
PROBLEM PROPOSALS Since the first round of market started this year, we are delighted to find that there has been a marked change in the investment orientation of Chinese investors, transforming from “conceptual hype and concentrated investment” into value-based investment that favors blue-chip companies. People began to pay more and more attention to the intrinsic value and comprehensive competitiveness of listed companies. How to evaluate the comprehensive competitiveness of a company? How to avoid being affected by individual fraud on the overall judgments? How to define the investment value of a listed company’s stock and determine whether it is overvalued or undervalued? There are many evaluation methods and systems. Kaplan, a professor of management accounting in the United States, put forward financial data for his book “Advance Management Accounting.”