Assets valuation--dental clinic as a discussed case

• Main Authors: Chii-Shan Chen, 陳啟山
• Other Authors: 蔡揚宗
• Format: Others
• Language: zh-TW
• Published: 2005
• Online Access: http://ndltd.ncl.edu.tw/handle/17733478680986374699

碩士 === 國立臺灣大學 === 會計學研究所 === 93 === 英文摘要 Because of the influence of the total budget method in National Health Insurance Bureau. Dentist seems has the medallion in operation with self-owned dental clinic. That caused the vigorous competition between clinics and triggers the Merger and Acquisition, stock option for the smart employee…etc, almost all like those of business hence thirsty of the Dental clinic Valuation. This thesis presents the valuation process : background of the business, go through the bibliography, available approaches and why the Free Cash Flow method and Excess Earnings Cash Flow method are the better methods selected. Besides the detailed explanation, there are still some discussions about limitations、defects and contributions in this article by actually sold The K.D dental clinic as an example. The intangible reputation in dental clinic valuation is the most important factor and it is also difficult to calculate by objective data. The comparison between customary method (estimate the dental clinic value by the number of dental chairs) and the methods offered here is proved that the latter at least can figure out intangible value according to real financial data and get higher valuation. Hope this paper can play as a role as a basic reference of dental clinic valuation .