矿业企业环境治理投资决策方法研究

资源与产业 ›› 2009, Vol. 11 ›› Issue (3): 91-94.

矿业企业环境治理投资决策方法研究

张雪梅，肖荣阁，周乐

（中国地质大学人文经管学院，北京 100083）

收稿日期:2009-03-26 修回日期:2009-05-08 出版日期:2009-07-03 发布日期:2009-06-20
作者简介:张雪梅（1969— ），女，博士生、副教授、注册会计师，主要从事投资决策与资源经济研究。E-mail：zhangxue_mei@126.com
基金资助:
中国地质大学（北京）人文经管学院资源环境实验室开放基金。

INVESTMENT DECISION OF MINING ENTERPRISES IN MELIORATING ENVIRONMENT

ZHANG Xue-mei, XIAO Rong-ge, ZHOU Le

(School of Humanities and Economic Management, China University of Geosciences, Beijing 100083, China)

Received:2009-03-26 Revised:2009-05-08 Online:2009-07-03 Published:2009-06-20

摘要/Abstract

摘要：

矿业企业环境治理投资的必要性毋庸置疑，但如何提高投资质量与投资效益却是值得研究的重要问题。本文指出了目前矿业城市环境治理投资决策方法存在的问题，并提出采用实物期权决策方法对目前的净现值方法进行改进，采用实际案例探讨该方法的可行性，希望能对目前我国矿业企业的环境治理投资决策提供一定的帮助。

关键词: 矿业企业；投资决策；净现值；实物期权

Abstract:

Mining enterprises are responsible for meliorating the mine environment, but how to improve the investment quality and profit is a crucial point. This paper discusses the problems in investment decision of mining enterprises in meliorating environment, based on a case study, presents some suggestions using the real option rather than the NPV, attempting to provide some reference for China’s mining enterprises to make investment decision in meliorating environment.

Key words:

mining enterprises; investment decision; NPV; real option

中图分类号:

F224

张雪梅肖荣阁周乐. 矿业企业环境治理投资决策方法研究[J]. 资源与产业, 2009, 11(3): 91-94.

ZHANG Xue-mei XIAO Rong-ge ZHOU Le. INVESTMENT DECISION OF MINING ENTERPRISES IN MELIORATING ENVIRONMENT[J]. Resources & Industries, 2009, 11(3): 91-94.