摘 要
随着全球经济一体化进程的加快和市场竞争的日益激烈，企业面临的投资决策环境愈发复杂多变，在长期资本投资决策中选择科学合理的方法至关重要。折现现金流法作为一种广泛应用的投资评价方法，其在长期资本投资决策中的应用效果值得深入探究。本研究旨在探讨折现现金流法在长期资本投资决策中的应用，通过分析该方法的理论基础，包括净现值、内部收益率等核心概念，结合实际案例进行实证研究。选取不同行业具有代表性的企业投资项目为样本，运用折现现金流法对项目预期现金流进行预测与折现计算，对比分析传统投资决策方法与折现现金流法在评估结果上的差异。
关键词：折现现金流法 长期资本投资决策 净现值与内部收益率
Abstract
With the acceleration of the integration process of global economy and the increasingly fierce market competition, the investment decision-making environment of enterprises is becoming more and more complex and changeable, so it is very important to choose scientific and reasonable methods in the long-term capital investment decision. As a widely used investment evaluation method, the application effect of discounted cash flow method in long-term capital investment decision is worth further exploration. This study aims to explore the application of discounted cash flow method in long-term capital investment decision, analyze the theoretical basis of this method, including core concepts such as net present value and internal rate of return, and conduct empirical research combined with practical cases. The representative enterprise investment projects in different industries are selected as the sample, and the discounted cash flow method of the project is used to predict and calculate the discounted cash flow of the project, and compare and analyze the differences between the traditional investment decision method and the discounted cash flow method in the evaluation results.
Keyword:Discounted Cash Flow Method Long-term Capital Investment Decisions Net Present Value And Internal Rate Of Return
目 录
1绪论 1
1.1长期资本投资决策的背景与意义 1
1.2折现现金流法的研究现状综述 1
1.3本文研究方法与创新点 2
2折现现金流法理论基础 2
2.1折现现金流法的基本原理 2
2.2现金流预测的关键要素 3
2.3折现率确定的方法与影响因素 3
2.4不同类型项目的 4
3折现现金流法在长期投资中的应用 4
3.1实物投资项目评估流程 4
3.2企业并购估值中的应用 5
3.3新兴产业投资的风险考量 5
3.4案例分析 6
4折现现金流法的局限性及改进 6
4.2不确定性环境下的应对策略 7
4.3结合其他评价方法的综合运用 7
4.4未来研究方向展望 8
结论 8
参考文献 10
致谢 11
随着全球经济一体化进程的加快和市场竞争的日益激烈，企业面临的投资决策环境愈发复杂多变，在长期资本投资决策中选择科学合理的方法至关重要。折现现金流法作为一种广泛应用的投资评价方法，其在长期资本投资决策中的应用效果值得深入探究。本研究旨在探讨折现现金流法在长期资本投资决策中的应用，通过分析该方法的理论基础，包括净现值、内部收益率等核心概念，结合实际案例进行实证研究。选取不同行业具有代表性的企业投资项目为样本，运用折现现金流法对项目预期现金流进行预测与折现计算，对比分析传统投资决策方法与折现现金流法在评估结果上的差异。
关键词：折现现金流法 长期资本投资决策 净现值与内部收益率
Abstract
With the acceleration of the integration process of global economy and the increasingly fierce market competition, the investment decision-making environment of enterprises is becoming more and more complex and changeable, so it is very important to choose scientific and reasonable methods in the long-term capital investment decision. As a widely used investment evaluation method, the application effect of discounted cash flow method in long-term capital investment decision is worth further exploration. This study aims to explore the application of discounted cash flow method in long-term capital investment decision, analyze the theoretical basis of this method, including core concepts such as net present value and internal rate of return, and conduct empirical research combined with practical cases. The representative enterprise investment projects in different industries are selected as the sample, and the discounted cash flow method of the project is used to predict and calculate the discounted cash flow of the project, and compare and analyze the differences between the traditional investment decision method and the discounted cash flow method in the evaluation results.
Keyword:Discounted Cash Flow Method Long-term Capital Investment Decisions Net Present Value And Internal Rate Of Return
目 录
1绪论 1
1.1长期资本投资决策的背景与意义 1
1.2折现现金流法的研究现状综述 1
1.3本文研究方法与创新点 2
2折现现金流法理论基础 2
2.1折现现金流法的基本原理 2
2.2现金流预测的关键要素 3
2.3折现率确定的方法与影响因素 3
2.4不同类型项目的 4
3折现现金流法在长期投资中的应用 4
3.1实物投资项目评估流程 4
3.2企业并购估值中的应用 5
3.3新兴产业投资的风险考量 5
3.4案例分析 6
4折现现金流法的局限性及改进 6
4.2不确定性环境下的应对策略 7
4.3结合其他评价方法的综合运用 7
4.4未来研究方向展望 8
结论 8
参考文献 10
致谢 11
