Estimation of the lack of marketability discount remains one of the big issues in business valuation. Empirical studies of the lack of marketability discount originated in the USA are one of the main resources for business valuers in the Czech Republic. However, they are used rather intuitively...

The paper discusses the possibility of practical application of the results of the empirical study of private benefits of control in the conditions of the Czech Republic. Firstly it emphasizes the theoretical contribution of the alternative view of control premium. In the second part it draws...

In the last few decades, a valuation of intangible assets is an activity of particular importance, not only because of growing number of transactions with intangibles but for accurate financial reporting as well. In this discipline, a special area is dedicated to the research of different...

Patents valuation methods are mostly income or income-market-based. In these methods one of the key estimate is the cost of capital. The paper analyses the question of the patents cost of capital from two complementary viewpoints: (i) theoretical aspects of estimating the cost of capital for...

In the Czech Republic, one of the most used techniques for the valuation of intangible assets for non-transaction purposes is the Relief from Royalty approach, in which the value of a property is expressed as a discounted royalty income saved due to the ownership of that property. This paper is...

Purpose - Reasonable remuneration of employee inventions is a controversial issue causing court litigation among employees and employers in many countries. The paper aims to shed light on the missing economic interpretation of the reasonable remuneration of employee inventions. Specifically, it...

The remuneration of employee inventions in corporations is a relatively controversial topic in the field of intellectual property. In many countries, there are ongoing lawsuits over the amount of remuneration between the inventor and the employer. The available scholarly literature and...