IDEAS home Printed from https://ideas.repec.org/a/bpj/jbvela/v12y2017i1p145-182n1.html
   My bibliography  Save this article

Are The Courts Unintentionally Promoting Unethical Behavior In Business Valuators?

Author

Listed:
  • Conn Richard R.

    (Conn Valuation Services Ltd.500–540, 5th Ave. S.W.Calgary, AB, T2P 0M2, Canada)

Abstract

The expert business valuator’s primary responsibility is to assist the Court in the understanding of complex financial and economic issues impacting the valuation of an asset or damages claim. The Courts expect valuation opinions that are unbiased and impartial. But empowering the advocate-lawyers to select and engage those valuators misaligns the reward system. The reward the expert valuator seeks is the engagement itself – being appointed to the case. The current system of lawyer-engaged experts acts as an impediment towards absolute impartiality. Court-appointed experts may be the easiest means of eliminating role-conflict and realigning the reward system so that the expert valuator is focused upon the primary goal of serving the Court’s needs.

Suggested Citation

  • Conn Richard R., 2017. "Are The Courts Unintentionally Promoting Unethical Behavior In Business Valuators?," Journal of Business Valuation and Economic Loss Analysis, De Gruyter, vol. 12(1), pages 145-182, February.
    • Handle: RePEc:bpj:jbvela:v:12:y:2017:i:1:p:145-182:n:1
    DOI: 10.1515/jbvela-2015-0001
    as

    Download full text from publisher

    File URL: https://doi.org/10.1515/jbvela-2015-0001
    Download Restriction: For access to full text, subscription to the journal or payment for the individual article is required.
    File URL: https://libkey.io/10.1515/jbvela-2015-0001?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bpj:jbvela:v:12:y:2017:i:1:p:145-182:n:1. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Peter Golla (email available below). General contact details of provider: https://www.degruyter.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.