We found a match
Your institution may have access to this item. Find your institution then sign in to continue.
- Title
Valuation of Goodwill for an Engineering Firm.
- Authors
Lohar, Bhushan; Wade, John; Walker, Sean
- Abstract
The concept of valuing personal and enterprise goodwill is a study in the art of quantifying subjective values. Sellers strive to maximize goodwill, while buyers strive to minimize goodwill. No persons are denying the existence of goodwill; rather, the debate is centered around the value of that goodwill. This paper seeks to define a holistic approach to fairly quantifying the value of goodwill for an engineering firm. The Graph Model for Conflict Resolution (GMCR), a decision tool grounded in game theory, is used to illustrate the inherent conflict around setting an accurate goodwill value and the inherent negotiation between buyers and sellers.
- Subjects
ENGINEERING firms; VALUE engineering; VALUATION; GAME theory; CONFLICT management
- Publication
Journal of Risk & Financial Management, 2024, Vol 17, Issue 5, p212
- ISSN
1911-8066
- Publication type
Article
- DOI
10.3390/jrfm17050212