Factors determining the quality of business valuation services in the transformation context

This article provides an analysis of the structural elements of valuation methodology directly affecting the quality of business valuation services (the concept of business valuation, valuation aims and cases, principles, aspects and methods), as well as the opportunities for and problems in their a...

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Bibliographic Details
Published inTransformations in business and economics Vol. 6; no. 2(12); pp. 38 - 50
Main Authors Galiniene, Birute, Marcinskas, Albinas
Format Journal Article
LanguageEnglish
Published 01.01.2007
Subjects
Business services
Business studies
Economic activity
Evaluation
Lithuania
Quality standards
Risk management
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Summary:This article provides an analysis of the structural elements of valuation methodology directly affecting the quality of business valuation services (the concept of business valuation, valuation aims and cases, principles, aspects and methods), as well as the opportunities for and problems in their application under the specific circumstances evident in Lithuania. The infrastructure forming the market environment of business valuation services and its impact on the quality of these services is discussed and evaluated. A commensurate deal of attention is also given to interpreting the research results revealing opinions of business valuers and valuation services consumers on the quality level of services offered. Recommendations for the improvement of the quality of business valuations are also presented. Reprinted by permission of Vilnius University, Brno University of Technology, and University of Latvia
Bibliography:ObjectType-Article-2
SourceType-Scholarly Journals-1
ObjectType-Feature-1
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ISSN:1648-4460