Ändra sökning
RefereraExporteraLänk till posten
Permanent länk

Direktlänk
Referera
Referensformat
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Annat format
Fler format
Språk
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Annat språk
Fler språk
Utmatningsformat
  • html
  • text
  • asciidoc
  • rtf
The concept of market value in thin markets and its implications for international accounting rules (IFRS)
KTH, Skolan för arkitektur och samhällsbyggnad (ABE), Fastigheter och byggande, Bygg- och fastighetsekonomi.ORCID-id: 0000-0003-3702-1502
Karlstads Univ, Karlstad, Sweden..
2019 (Engelska)Ingår i: Journal of Property Investment & Finance, ISSN 1463-578X, E-ISSN 1470-2002, Vol. 37, nr 3, s. 301-310Artikel i tidskrift (Refereegranskat) Published
Abstract [en]

Purpose The purpose of this paper is to discuss how the concepts market value (MV) and exit price should be interpreted in thin markets and how accounting rules may need to change to take this into account. Design/methodology/approach This is a conceptual paper using hypothetical examples as a base for the conclusions. Findings In a thin market, actors can have rather different reservation prices. The price will then be set through bargaining and the agreed price could be considerable above the reservation price of the actor with the second highest reservation price. The exit price should then be below what the MV was before the transaction and below the entry price, and according to the current accounting rules, the value in the balance sheet should then be below the price paid. The authors' experience is, however, that this rarely happens in practice. Originality/value As far as the authors know, this is the first paper that looks at problems in the current value concepts related to differences in reservation prices in thin markets.

Ort, förlag, år, upplaga, sidor
Emerald Group Publishing Limited, 2019. Vol. 37, nr 3, s. 301-310
Nyckelord [en]
Accounting, IFRS, Property valuation, Market value, Fair value, Thin markets
Nationell ämneskategori
Företagsekonomi
Identifikatorer
URN: urn:nbn:se:kth:diva-249858DOI: 10.1108/JPIF-02-2019-0022ISI: 000462759500005Scopus ID: 2-s2.0-85063326623OAI: oai:DiVA.org:kth-249858DiVA, id: diva2:1307250
Anmärkning

QC 20190426

Tillgänglig från: 2019-04-26 Skapad: 2019-04-26 Senast uppdaterad: 2019-04-26Bibliografiskt granskad

Open Access i DiVA

Fulltext saknas i DiVA

Övriga länkar

Förlagets fulltextScopus

Personposter BETA

Lind, Hans

Sök vidare i DiVA

Av författaren/redaktören
Lind, Hans
Av organisationen
Bygg- och fastighetsekonomi
I samma tidskrift
Journal of Property Investment & Finance
Företagsekonomi

Sök vidare utanför DiVA

GoogleGoogle Scholar

doi
urn-nbn

Altmetricpoäng

doi
urn-nbn
Totalt: 22 träffar
RefereraExporteraLänk till posten
Permanent länk

Direktlänk
Referera
Referensformat
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Annat format
Fler format
Språk
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Annat språk
Fler språk
Utmatningsformat
  • html
  • text
  • asciidoc
  • rtf