Value Evaluation of Environmental Protection Enterprises Based on Improved Real Option Method
Under the background of the goal of"double carbon",the environmental protection market is constantly expanding.At the same time,the state also attaches great importance to the development of environmental protection enterprises.It has issued a number of policies to promote the development of environmental protection enterprises,which provides an important opportunity for the development of environmental protection enterprises and promotes the continuous increase of economic activities of environmental protection enterprises.There is a huge value space in the economic activities of these environmental protection enterprises,so it is particularly important to choose what kind of valuation method to evaluate their enterprise value.In view of the option characteristics of environmental protection enterprises,such as great uncertainty and obvious environmental benefits,the traditional B-S model is subjective in the selection of relevant parameters,so this paper improves the traditional model by using fuzzy mathematics method,and constructs a fuzzy real option pricing model.All of these provide some reference for the value evaluation of environmental protection enterprises.
B-S modelfuzzy real option methodenvironmental protection enterprisesenterprise value