Many commercial vendors provide brand valuation measures, which have important practical implications for many stakeholders on how brands are bought and sold and how they are managed. These commercial measures, however, differ to a great extent from one another, which raises serious concerns about their accuracy. In this study, we assess the measurement properties of brand valuation measures provided by the four dominant commercial vendors: Interbrand, Brand Finance, Millward Brown, and Corebrand. We find that the brand valuation measures from the four commercial vendors measure the same underlying construct in a reliable and valid way according to established psychometric test methodology. However, it appears that they measure a construct that does not predict actual brand transaction prices well. In most cases, they significantly overestimate the transaction price. The magnitude of systematic bias varies by method and industry. Our results suggest that an upward bias is more likely to occur in situations when the relevance of tangible assets and non-brand intangible assets is high. These empirical findings challenge current practical and academic thinking on brand valuation. A main conclusion is that brand valuation for transaction purposes needs to first value all assets of the company in their totality and then allocate a fair share to the brand.

A the circumstances surrounding world ports have changed rapidly, Port competition to attract more cargoes is increasing fiercely. Especially, fierce competition to attract the increasing container cargoes has caused main container ports not only to invest enormous fund to modernize its port facilities but also to improve efficiency in port operation and management. But, it is hard to buila differentiation strategy with general port operation according to investing continuously enormous fund into main ports. In this situation, port marketing like 4P mix is of the immediate necessity and in this point, this paper estimated Brand Equity that have risen the core ability of marketing strategy, to transshipment port using Conjoint Analysis. In this analysis result, this paper shows that the brand equity of port significantly devoted to selection of transshipment port. This means that brand of port can attract considerable transshipment cargo. Then it has to induce customer loyalty for this brand extension.