Assessment of professional perceptions in business evaluation in South Africa
Kansilembo Freddy Aliamutu and
Kerry-lee Gurr
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Kansilembo Freddy Aliamutu: University of KwaZulu Natal, South Africa
Kerry-lee Gurr: University of KwaZulu Natal
International Journal of Research in Business and Social Science (2147-4478), 2024, vol. 13, issue 5, 228-237
Abstract:
This paper seeks to evaluate proficient perceptions within business assessments in South Africa, where such perceptions play a significant role in the evaluation process, encompassing the selection of standards and the establishment of evaluation frameworks. The evolving economy of South Africa is marked by fluctuating economic circumstances and potential growth, compounded by inadequate benchmarks and a scarcity of relevant market information. Forecasting growth rates are further complicated by macroeconomic uncertainties, leading to a reliance on proficient perceptions when industry-specific guidelines and easily comprehensible alternatives to the Capital Asset Pricing Model (CAPM) are lacking. A mixed-methods strategy is employed in this study, combining quantitative and qualitative data, along with surveys set benchmarks for business assessments. The outcomes reveal that modifications based on judgment are necessary for variables like organizational size due to the absence of CAPM alternatives. This study stresses the importance of translating scholarly discoveries into practical applications, emphasizing the challenges and uncertainties that call for proficient perceptions in business evaluations. It advances the comprehension of these obstacles and proposes that further exploring macroeconomic variables and industry-specific guidelines could offer valuable insights. The study suggests that biases in evaluations, influenced by client interests, present a promising area for future inquiry. Key Words:Proficient perception, Business evaluation, cash flow, growth rate and Macroeconomic factors
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:rbs:ijbrss:v:13:y:2024:i:5:p:228-237
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