THE PROFESSIONAL AND ETHICAL POTENTIAL OF LITHUANIAN PROPERTY VALUERS

Lithuania is a small developing market economy which inherited the specific soviet economic structure and so‐called “homus sovieticus” mentality which excluded a possibility for business of property valuation. Within a historically short period of time Lithuania moved from the closed soviet economic...

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Bibliographic Details
Published inInternational journal of strategic property management Vol. 9; no. 1; pp. 43 - 50
Main Authors Galiniene, Birute, Marčinskas, Albinas, Deveikis, Steponas
Format Journal Article
LanguageEnglish
Published Vilnius Vilnius Gediminas Technical University 01.03.2005
Subjects
Business ethics
Business valuation
Ethical potential
Market economies
Professional ethics
Property valuation
Property values
Real estate appraisal
Studies
Valuation system
Valuers profession
Lithuania
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Summary:Lithuania is a small developing market economy which inherited the specific soviet economic structure and so‐called “homus sovieticus” mentality which excluded a possibility for business of property valuation. Within a historically short period of time Lithuania moved from the closed soviet economic area into the area of global economy, which presented different business valuation criteria. Taking the above into account, let us evaluate the professional and ethical potential of Lithuanian property valuers, who have played and will be playing a significant role in the country's economic development, and see whether this potential will enable them to become full‐fledged members of the Western property valuers’ community.
Bibliography:ObjectType-Article-2
SourceType-Scholarly Journals-1
ObjectType-Feature-1
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ISSN:1648-715X
1648-9179
DOI:10.3846/1648715X.2005.9637525