Towards selected problems valuing assets with an emphasis on business valuation

K vybraným problémům oceňování majetku s důrazem na oceňování podniku

Miloš Mařík and Pavla Maříková

Oceňování, 2018, vol. 11, issue 2, 29-43

Abstract: The article analyses several problematic elements of valuation, which are currently significantly discussed and it proposes some recommendations to them. First of all, it is not possible to require that an expert opinion on the valuation is correct and at the same time unique. It is possible only create national valuation standards, put emphasis on ethics of experts and on compliance with the general principles for the testimonials. Secondly, it is necessary to classify the market value in an international concept to the Czech legislation. It is not appropriate to create various variations of the market value and the common price. Third, the article suggests some options how to apply the principle of highest and best use in assessment of a market value of business. Fourth, the authors analyze the system of value bases used in valuation for squeeze-outs and suggest ways for application of the equitable value for these purposes. Fifth, the article analyzes the main errors and recommendations when using the asset-based valuation of the company.

Keywords: Value; Business valuation; Market value; Equitable value; Asset-based valuation; Hodnota; Ocenění podniku; Tržní hodnota; Spravedlivá hodnota; Substanční hodnota (search for similar items in EconPapers)
JEL-codes: G32 (search for similar items in EconPapers)
Date: 2018
References: Add references at CitEc
Citations:

Downloads: (external link)
http://ocenovani.vse.cz/doi/10.18267/j.ocenovani.211.html (text/html)
http://ocenovani.vse.cz/doi/10.18267/j.ocenovani.211.pdf (application/pdf)
free of charge

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:prg:jnloce:v:11:y:2018:i:2:id:2018_2_03:p:29-43

Ordering information: This journal article can be ordered from
Editorial office Ocenovani, Prague University of Economics and Business, W. Churchill Sq. 4, 130 67 Prague 3, Czech Republic
http://ocenovani.vse.cz

DOI: 10.18267/j.ocenovani.211

Access Statistics for this article

Oceňování is currently edited by Časopis Oceňování

More articles in Oceňování from Prague University of Economics and Business Contact information at EDIRC.
Bibliographic data for series maintained by Stanislav Vojir ().