Thee primary purpose of this article is to demonstrate how to tackle a Paper P4 business valuation question.

本文的主要目的是如何解决及解答P4中业务估值的问题。

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To meet the need of corporation competition and make up the shortage of traditional corporation valuation measure, the competitive advantage theory is exercised to develop the measure in the paper.

为了满足企业竞争实践的需要，弥补传统的企业价值评估方法的不足，运用竞争优势理论，丰富和拓展企业价值评估方法。

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This paper investigates the relationship between firm valuation and ownership structure in China.

本文研究的是中国上市公司股权结构与其公司价值之间的关系。

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