Determinants of Transport Company Value and the Selection of Valuation Methods

Abstract

The development of a company significantly influences its final value. The value of a transport company can be determined for various legal acts, which also influence the selection of valuation methods. The view of the transport company may differ, depending on whether it is seen by investors or the company owners. Methods of evaluating a transport company, but also of all companies in expert practice, usually follow methodological procedures outlined in the legal standards. These methods are based on basic principles, namely the asset principle, the yield principle, the combined principle, and the market principle. These principles also include other methods of determining the company's value. Each method has its own specifics, a modification of only one model parameter changes the entire company value. The aim of this paper is to analyze the input data and their impact on the value of the transport company from the perspective of various methods. The paper shows the impact of the change in the rate of capitalization and g -the sustainable growth rate and the significant impact of the continuing value on the general value of the company. JEL Classification Numbers: M41, G32,

Comparative Analysis of Primary School Teachers' Satisfaction With the Profession in Bulgaria and Macedonia

“…A modified questionnaire originally developed by Tosheva (2012) and later modified by Ivanova & Mileva, (2019) was applied. Besides general information for gender, level of education, years of working experiences it conducted 22 items related to the satisfaction with the teaching profession The Likert scale from 1 to 5 (1 -lowest level and 5 -highest level) for evaluation of different levels of teachers' satisfaction was applied.…”

“…The first reason is that primary school teachers provide education in all school subjects. This fact places high demands on their vocational training and the formation of professional skills and competences for teaching the concrete subjects taught in the initial stage of the educational system (Mileva (Милева), 2018; Ivanova & Mileva, 2019;Malcev & Popeska, 2019). The influence of the teacher's personality and the level of his/her professional skills on the quality of the educational process is an indisputable fact (Rasheva-Merdzhanova & Bogdanova (Рашева-Мерджанова & Богданова), 2012; Engels-Kritidis (Енгелс-Критидис), 2017).…”