Research on Intagible Assets and Goodwill Valuation

Vladimir Kulil

doi:doi:10.11648/j.ijebo.20170501.14

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Research on Intagible Assets and Goodwill Valuation

Vladimir Kulil

Published in International Journal of Economic Behavior and Organization (Volume 5, Issue 1)

Received: 1 March 2017 Published: 3 March 2017

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Abstract

The process of valuation of intangible influences was surveyed in China, Hong Kong, USA, Canada, Japan, Germany, UK, Poland, Russia and Western Europe. Situation in mentioned locations is similar, valuation of intangible influences has not been determined by a concrete list of items and there has not been established concrete clear process. The subject matter of this thesis was a proposal for a method of valuation of goodwill - special effects that will impact assets prices. It deals with proposed procedures for valuation of intangible assets, and definitions of such property. Special effects are in particular name, historical value design, quality of layout, security aspects, accessibility, conflict groups of inhabitants in or near the property, location, provenience and other. The value of goodwill can be calculated as the difference between the market value and the material value. Part of the methodology is a general proposal for a method how to divide the assets into tangible and intangible part and author’s software VALUE-RATUS 2015.

Published in	International Journal of Economic Behavior and Organization (Volume 5, Issue 1)
DOI	10.11648/j.ijebo.20170501.14
Page(s)	20-24
Creative Commons	This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.
Copyright	Copyright © The Author(s), 2017. Published by Science Publishing Group

Keywords

Market Value, Goodwill, Badwill, Price of Real Estate, Tangible Assets, Intangible Assets, Coefficient of Marketability

References

[1]	SEABROOKE, W., KENT, P. a HWEE, H.: (2004). International Real Estate an Institutional Approach. UK, USA, Australia: Blackwell Publishing Ltd. [monograph]
[2]	DECREE No. 492/2004 Coll. with implementing decrees of the Ministry of Justice of the Slovak Republic on the Determination of General Value of Real Estate.
[3]	IVS - International Valuation Standards Committee: International Valuation Standards, 2011, IVSC, London, UK 2011, ISBN: 978-0-9569313-0-6.
[4]	EVS - European Valuation Standards, 5. edition 2003.
[5]	CZECH ACT on Property Valuation No. 151/1997 Coll. with implementing decrees No. 303/2013 Coll., No. 199/2014 Coll., No. 345/2015 Coll. and No. 443/2016 Coll.
[6]	SHETTY, A. (1995). Finance and Integrated Gglobal Approach. USA: Austen Press, Homewood. [monograph]
[7]	HORNE VAN, J. Financial Management and Policy. New Jersey, USA: Englewood Cliffs, 1989, p. 647.
[8]	KULIL, V. (2015). Goodwill and Valuation. Saarbrücken, Germany: OmniScriptum GmbH & Co. KG. [monograph]
[9]	KULIL V. (2015). Software for goodwill valuation VALUE-RATUS. Ostrava, Czech Republic: http://www.ekf.vsb.cz/k166/cs/.
[10]	SMITH, G., RUSSELL, L. (1989-2010). Valuation of Intellectual Property and Intangible Assets. New York, USA: John Wiley and Sons, ISBN 0-471-54950-9.
[11]	BRADAC, A. (1999). Forensic engineering. Brno, Czech Republic: CERM, ISBN 80-7204-133-9.

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Vladimir Kulil. (2017). Research on Intagible Assets and Goodwill Valuation. International Journal of Economic Behavior and Organization, 5(1), 20-24. https://doi.org/10.11648/j.ijebo.20170501.14

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ACS Style

Vladimir Kulil. Research on Intagible Assets and Goodwill Valuation. Int. J. Econ. Behav. Organ. 2017, 5(1), 20-24. doi: 10.11648/j.ijebo.20170501.14

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Vladimir Kulil. Research on Intagible Assets and Goodwill Valuation. Int J Econ Behav Organ. 2017;5(1):20-24. doi: 10.11648/j.ijebo.20170501.14

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@article{10.11648/j.ijebo.20170501.14,
  author = {Vladimir Kulil},
  title = {Research on Intagible Assets and Goodwill Valuation},
  journal = {International Journal of Economic Behavior and Organization},
  volume = {5},
  number = {1},
  pages = {20-24},
  doi = {10.11648/j.ijebo.20170501.14},
  url = {https://doi.org/10.11648/j.ijebo.20170501.14},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijebo.20170501.14},
  abstract = {The process of valuation of intangible influences was surveyed in China, Hong Kong, USA, Canada, Japan, Germany, UK, Poland, Russia and Western Europe. Situation in mentioned locations is similar, valuation of intangible influences has not been determined by a concrete list of items and there has not been established concrete clear process. The subject matter of this thesis was a proposal for a method of valuation of goodwill - special effects that will impact assets prices. It deals with proposed procedures for valuation of intangible assets, and definitions of such property. Special effects are in particular name, historical value design, quality of layout, security aspects, accessibility, conflict groups of inhabitants in or near the property, location, provenience and other. The value of goodwill can be calculated as the difference between the market value and the material value. Part of the methodology is a general proposal for a method how to divide the assets into tangible and intangible part and author’s software VALUE-RATUS 2015.},
 year = {2017}
}

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TY  - JOUR
T1  - Research on Intagible Assets and Goodwill Valuation
AU  - Vladimir Kulil
Y1  - 2017/03/03
PY  - 2017
N1  - https://doi.org/10.11648/j.ijebo.20170501.14
DO  - 10.11648/j.ijebo.20170501.14
T2  - International Journal of Economic Behavior and Organization
JF  - International Journal of Economic Behavior and Organization
JO  - International Journal of Economic Behavior and Organization
SP  - 20
EP  - 24
PB  - Science Publishing Group
SN  - 2328-7616
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AB  - The process of valuation of intangible influences was surveyed in China, Hong Kong, USA, Canada, Japan, Germany, UK, Poland, Russia and Western Europe. Situation in mentioned locations is similar, valuation of intangible influences has not been determined by a concrete list of items and there has not been established concrete clear process. The subject matter of this thesis was a proposal for a method of valuation of goodwill - special effects that will impact assets prices. It deals with proposed procedures for valuation of intangible assets, and definitions of such property. Special effects are in particular name, historical value design, quality of layout, security aspects, accessibility, conflict groups of inhabitants in or near the property, location, provenience and other. The value of goodwill can be calculated as the difference between the market value and the material value. Part of the methodology is a general proposal for a method how to divide the assets into tangible and intangible part and author’s software VALUE-RATUS 2015.
VL  - 5
IS  - 1
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Author Information

Vladimir Kulil

VSB-Technical University of Ostrava, Faculty of Economics, Ostrava, Czech Republic

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APA Style

Vladimir Kulil. (2017). Research on Intagible Assets and Goodwill Valuation. International Journal of Economic Behavior and Organization, 5(1), 20-24. https://doi.org/10.11648/j.ijebo.20170501.14

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ACS Style

Vladimir Kulil. Research on Intagible Assets and Goodwill Valuation. Int. J. Econ. Behav. Organ. 2017, 5(1), 20-24. doi: 10.11648/j.ijebo.20170501.14

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AMA Style

Vladimir Kulil. Research on Intagible Assets and Goodwill Valuation. Int J Econ Behav Organ. 2017;5(1):20-24. doi: 10.11648/j.ijebo.20170501.14

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@article{10.11648/j.ijebo.20170501.14,
  author = {Vladimir Kulil},
  title = {Research on Intagible Assets and Goodwill Valuation},
  journal = {International Journal of Economic Behavior and Organization},
  volume = {5},
  number = {1},
  pages = {20-24},
  doi = {10.11648/j.ijebo.20170501.14},
  url = {https://doi.org/10.11648/j.ijebo.20170501.14},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijebo.20170501.14},
  abstract = {The process of valuation of intangible influences was surveyed in China, Hong Kong, USA, Canada, Japan, Germany, UK, Poland, Russia and Western Europe. Situation in mentioned locations is similar, valuation of intangible influences has not been determined by a concrete list of items and there has not been established concrete clear process. The subject matter of this thesis was a proposal for a method of valuation of goodwill - special effects that will impact assets prices. It deals with proposed procedures for valuation of intangible assets, and definitions of such property. Special effects are in particular name, historical value design, quality of layout, security aspects, accessibility, conflict groups of inhabitants in or near the property, location, provenience and other. The value of goodwill can be calculated as the difference between the market value and the material value. Part of the methodology is a general proposal for a method how to divide the assets into tangible and intangible part and author’s software VALUE-RATUS 2015.},
 year = {2017}
}

Copy | Download

TY  - JOUR
T1  - Research on Intagible Assets and Goodwill Valuation
AU  - Vladimir Kulil
Y1  - 2017/03/03
PY  - 2017
N1  - https://doi.org/10.11648/j.ijebo.20170501.14
DO  - 10.11648/j.ijebo.20170501.14
T2  - International Journal of Economic Behavior and Organization
JF  - International Journal of Economic Behavior and Organization
JO  - International Journal of Economic Behavior and Organization
SP  - 20
EP  - 24
PB  - Science Publishing Group
SN  - 2328-7616
UR  - https://doi.org/10.11648/j.ijebo.20170501.14
AB  - The process of valuation of intangible influences was surveyed in China, Hong Kong, USA, Canada, Japan, Germany, UK, Poland, Russia and Western Europe. Situation in mentioned locations is similar, valuation of intangible influences has not been determined by a concrete list of items and there has not been established concrete clear process. The subject matter of this thesis was a proposal for a method of valuation of goodwill - special effects that will impact assets prices. It deals with proposed procedures for valuation of intangible assets, and definitions of such property. Special effects are in particular name, historical value design, quality of layout, security aspects, accessibility, conflict groups of inhabitants in or near the property, location, provenience and other. The value of goodwill can be calculated as the difference between the market value and the material value. Part of the methodology is a general proposal for a method how to divide the assets into tangible and intangible part and author’s software VALUE-RATUS 2015.
VL  - 5
IS  - 1
ER  -

Copy | Download