Research On China's Assets Appraisal Theory Framework

As China's economic reform carried out, assets appraisal as an emerging industry in China came into being and has been rapidly developed. In order to promote the assets appraisal activities to conduct smoothly and orderly, China scholars have conducted a large number of theory research. However, these research results are comparative fragmented and often lag behind the development of practice, can not well guide and forecast the development of practice. As well, the various problems, brought out in valuation practice, have put forward higher demand for theoretical research of assets appraisal. A framework is an organizational form of a research field, established after carding systematically the theory of this field. It is help to promote an in-depth development of practices and theoretical research in this area. Therefore, in order to guide and promote the development of China's valuation theory and practices, it is very necessary to comb out, analyze and deepen the existing research results of assets appraisal theory, and establish a tight, consistent theory framework.The philosophical term of ontology is used to build assets appraisal theory framework as a tool of knowledge organization in this thesis, and that the theory framework should be composed of the basic, recognized concepts and vocabulary in assets appraisal, and should reveal mutual relations between they. The thesis consists of 6 chapters: the first chapter is an introduction, focusing on the research background, significance and research status at home and abroad. The last chapter is a conclusion. Chapters in between are its body, discoursing on the constituent elements of the theory framework of valuation respectively. Chapter II describes a philosophic methodology basis - ontology used to build theory framework, and construct a theory framework of China's assets appraisal with it. Chapter III analyzes the establishment foundation of the theory framework -the nature of valuation and related concepts. They are the key of understanding assets appraisal accurate and a basis of establishing scientific and rational theory framework. Chapter IV describes assumptions and value type. Valuation assumptions are the first level in the entire theory framework, describe the prerequisite of carrying out assets appraisal activities effectively. Their goal is to implement the nature of valuation, and they are restrict the selection and application of value type and assets appraisal methods. Value basis and value type are the second level in the theory framework. They are the nature provision of the assets value constrained to the assumptions, and restrict the selection and application of assets appraisal methods. Chapter V, the third level in the theory framework, introduces the system of assets appraisal methods. They are the technological means to achieve assets value, and of the strongest operability and practicality in the entire theory framework of assets appraisal.