【精品文档】197关于企业公司价值评估EVA有关的外文文献翻译成品：评估企业的价值”方法和工具（中英文双语对照）.docx

此文档是毕业设计外文翻译成品（ 含英文原文+中文翻译），无需调整复杂的格式！下载之后直接可用，方便快捷！本文价格不贵,也就几十块钱！一辈子也就一次的事！外文标题：“ASSESSING THE VALUE OF THE ENTERPRISE” METHODS AND INSTRUMENTS外文作者：Halil Kukaj, Faruk B. Ahmeti 文献出处: International Journal of Economics, Commerce and Management,Vol. IV, Issue 7, July 2019 (如觉得年份太老，可改为近2年，毕竟很多毕业生都这样做)英文2796单词，18132字符(字符就是印刷符)，中文4001汉字ASSESSING THE VALUE OF THE ENTERPRISE” METHODS AND INSTRUMENTSAbstractMaking the right investment decisions regarding sale and purchase of the company, or joining of any other enterprise, it is necessary that the decisions in question has to be taken based on the assessment of the value of the enterprise. Assessing the value of the enterprise must be in accordance with recommendations of the International Standards value assessment of the enterprise. Enterprise value evaluators must conduct the assessment, in accordance with basic principles: assessment of the enterprise as general economic and that assessment cannot be made based on the results achieved, but on the basis of expected results. In this paper will be discussed modern methods of assessing the value of the target company, and that in: asset- based methods, methods based on the economic value and combined methods. Many investments are made based on a detailed investigation and organizational Value Evaluation. As reviled in the study, the disadvantage of methods based on the accounting value is static approach. It disregards the principle of generating value for the owner of the purchasing enterprise, respectively, for merger. Hence, they are not without shortcomings. The main issue with them is the difficulties to provide the initial offering price. Rather, they provide oriented information regarding the creative potential of the future values.Keywords: Enterprise value, enterprise assessment, evaluation methods, principles of assessment, economic value, market value, predictive enterprise valueINTRODUCTIONAssessing the investment alternatives is one of the financial management activities. Thus, it represents the foundation for making a quality management decisions. Investment decisions regarding the sale and purchase of the company or joining of any other enterprise, is an inseparable activity from the problems of assessing the value of the target company.The contemporary paradigm of enterprise management can be characterized as intensifying orientation towards the concepts of flexible management and the maximization of the owner‘s assets (maximizing the value of the enterprise). Flexible management means a dynamic approach to decision-making processes. Therefore, it is different from the traditional approach, which implies the immutability of made decisions without putting the new circumstances which was created into consideration. On the other hand, the orientation toward maximizing the owner‘s assets (the maximization of enterprise value) foresees the implementation of the new system of business success measuring. However, this was included within the concept of management based on maximizing the value (Value Based Management - VBM). The concept of management based on maximizing the value suggests the implementation of contemporary performance measures based on the concept of economic profit, rather than on the concept of accounting profit. Therefore, the most important and viable measurer of business success is economic value added.This aim of this paper is to present the practical application of modern methods of assessing the value of the enterprise which will be illustrated with an appropriate example for the assessment of the value of "Enterprise X". Besides traditional assessment methods, based on the transferred amount, this paper will also apply other methods of assessing the value of the enterprise. These methods include: methods based on the discount flow expected profits; methods based on the discount flow net cash; and combined methods. Subsequently, the involvement of these methods of assessing the value of the enterprise will definitely have a positive impact on the quality of business decisions in general, and the investment decisions in particular.LITERATURE REVIEWIt is deliberated that one of the most significant decisions, if not the most essential, of many managers is putting values on enterprises. Organizational value is an economic measure reflecting the market value of a company as a whole business. As noted by Throp (2010) ―it is the sum of claims of all security holders: common and preferred equity holders, minority shareholders, debt holders, and others‖. Considering the organizational value from this perspective, one may buy the enterprise value of a company after the buyer settle with all the security holders that are engaged, in one or another way with the evaluated organization (Thorp, 2010). A more simplistic view of enterprise value is as the sum of a company‘s market capitalization and its net debt.As argued by many (Gorenak & Košir, 。