The Resources Value Of The ST Company

The shell resource has been the center of attention of the majority of non-listed companies,because of its function of financing, policy support, and acquisition and restructuring of the economic.Not only does ROT take us Pareto improvement for the enterprises of the stock market of the developed countries,but also improves the social welfare.It is reference that Pareto improvement could be achieved by reducing rents and strengthening the role of markets,Avoiding the companies get into the markets,which are aimed of getting the revenue of rental.We should pay attention to the impact of external and internal factors In the process of assessing shell company. There are the positive relationship between price and liquidity of the shell resources, return on net assets, balance rate, but it is adverse the relationship with the net assets per share. It should be attended that the stock price of the shell of the company has been noted by the investors, which the shell resource’s price is deviating from the real value of the shell resources in the unsteady state.The traditional methods of assessment value are the disadvantage of lack of flexibility, which is difficult to collect the quantified dates.However,The improved option pricing model of the Black-Scholes has been provided with the advantage of the flexibility and investment, reducing the risk of investment,and improving the accuracy of the assessment of the resources value of each factor by certain dates.