Propozycja nowego standardu wartości uwzględniającego koszty zewnętrzne
The idea of a new standard of value which takes into account the external costs
Author(s): Piotr SzymańskiSubject(s): Economy
Published by: Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu
Keywords: business valuation; standard of value; negative externality; external costs
Summary/Abstract: The paper focuses on the problem of internalization of external costs, which can be observed for many years. We can expect that this problem will be strengthened in the future. Therefore it seems that existing business valuation standards are inadequate to describe reality. At present, when experts value the company they cannot evaluate whether the company is efficient in the sense of Kaldor-Hicks or Pareto. In this context, the new standard of value which takes into account external costs can bring a new perspective in the business valuation.
Journal: Prace Naukowe Uniwersytetu Ekonomicznego we Wrocławiu
- Issue Year: 2012
- Issue No: 271
- Page Range: 394-405
- Page Count: 12
- Language: Polish