Valuation of Cultural Goods: Evaluation of Perspective Methods

• Authors: Luboš Smrčka , Eva Kislingerová , Jiří Strouhal , Klára Kubíčková , Markéta Kubíčková
• Languages of publication: EN

Abstracts

EN

Valuation of cultural assets represents a very actual topic not widely discussed within contemporary accounting and financial research. Main motivation of this paper is therefore to provide an empirical evidence of the methods for valuation of cultural and artistic goods. In general, any method for valuating cultural and artistic goods or institutions cannot bring results as objective as those available to valuate assets in the real market economy. Within this paper we did focused on valuation on a specific case of cultural institutions (theatre, museum) and also we aimed to analyse the economic impacts of cultural organizations.

Keywords

EN

cultural goods; creative industry; valuation methods; economic consequences; state grant policy; Czech Republic

• Publisher: Sciendo
• Journal: International Journal of Entrepreneurial Knowledge
• Year: 2014
• Volume: 2
• Issue: 2
• Pages: 45-56

Dates

published

2014-12-01

online

2015-03-03

Contributors

author

Luboš Smrčka

• University of Economics Prague, Department of Business Economics, W. Churchill Square 4, 130 67 Prague 3

author

Eva Kislingerová

• University of Economics Prague, Department of Business Economics, W. Churchill Square 4, 130 67 Prague 3

author

Jiří Strouhal

• University of Economics Prague, Department of Business Economics, W. Churchill Square 4, 130 67 Prague 3

author

Klára Kubíčková

• University of Economics Prague – student team member

author

Markéta Kubíčková

• University of Economics Prague – student team member

References

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• Kubíčková, K. (2012a) Ocenění Divadla Oskara Nedbala Tábor, Prague: University of Economics Prague.
• Kubíčková, M. (2012b) Ocenění Husitského musea v Táboře, Prague: University of Economics Prague.
• MC CR (2011) Základní statistické informace o kultuře v ČR, Prague: Ministry of Culture Czech Republic.
• Myerscough, J. (1998) The Economic Importance of the Arts in Great Britain, London: Policy Studies Institute.
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• Raabová, T. (2011) Návrh certifikované metodiky pro výpočet ekonomických dopadů kulturní organizace, Prague: Arts and Theatre Institute.

Identifiers

DOI

10.1515/ijek-2015-0005