...n(1995)细化了Ohlson(1995)的研究,他们将公司 的所有者权益,即净资产,划分为两部分,净金融资产(net financial assets) 和净营运资产(net operating assets)(以下称为金融资产和营运资产),即: t t t bv fa oa = + 其中fa t 为t 期金融资产,oa...
Their netfinancialassets, excluding equities, amount to 3.2 times personal disposable income, compared with a ration of only 1.9 in America and 1.1 in Germany (see left-hand chart).