ISSN: 1648 - 4460

International Journal of Scholarly Papers


Transformations  in
Business & Economics

Transformations in
Business & Economics

  • © Vilnius University, 2002-2007
  • © Brno University of Technology, 2002-2007
  • © University of Latvia, 2002-2007
Factors Determining the Quality of Business Valuation Services in the Transformation Context
Birutė Galinienė, Albinas Marčinskas

ABSTRACT. 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.

KEYWORDS: business valuation content, quality of valuation services, and its determining factors, Lithuania.

JEL classification: L85, P2.

Editorial correspondence:

Scholarly papers Transformations in Business & Economics
Kaunas Faculty
Vilnius University
Muitinės g. 8
Kaunas, LT-44280



Valid XHTML 1.0 Strict