Showing 1 - 10 of 27
Over the past few years, the Value at Risk indicator (VaR) has evolved, without doubt, into the most frequently used comprehensive tool for assessment of potential losses caused by adverse changes in market rates. However, the common models used for VaR assessment are based only on mid prices...
Persistent link: https://www.econbiz.de/10005079050
field of foreign exchange risk management. The case study shows, how the separate hedging instruments have impact on P & L … whether hedging transactions influence firm value - stock price. At the conclusion, we discuss a research paper of S & P …
Persistent link: https://www.econbiz.de/10009398919
The paper examines the potential of stochastic simulation methods and Earnings at Risk method in risk analysis of farming business. The results revealed a different nature of yield and price risks in agriculture. The natural yields are low spatially correlated and the rate of yield risk depends...
Persistent link: https://www.econbiz.de/10009401130
Czech Abstract: Cílem příspěvku je odhad doby přežití českých společností z odvětví dopravy. Doba přežití vybraných společností je stanovena na základě modelování časového intervalu mezi založením firmy a jejím bankrotem, a to s použitím vybraných...
Persistent link: https://www.econbiz.de/10014119625
The paper considers company performance measures and the development of the Economic Value Added (EVA) indicator in volatile economies, particularly in the case of the Czech Republic. Methods used for pyramidal analysis, their assumptions, and their application possibilities are discussed. A...
Persistent link: https://www.econbiz.de/10008549911
Income valuation is a fundamental valuation approach. One question still open is the discount rate calculation. One factor impacting the discount rate is a capital structure. Nevertheless, the structure has to be in market values. It means that the knowledge of the result is a precondition for...
Persistent link: https://www.econbiz.de/10005036467
At present time, when the rate of risk is increasing, achieving higher quality of investment decision-making by integrating risk and uncertainty factors could positively affect economical results and firm's prosperity. Firstly this article characterizes shortcomings of investment decision making...
Persistent link: https://www.econbiz.de/10005036471
The topic of this paper is concerned in a possibility of connection of the micro- economics theory and the business economics theory. The goal of the submitted paper is an implementation of an economic efficiency as a microeconomic component to the business economics with a regard for an...
Persistent link: https://www.econbiz.de/10005036583
This paper uses new firm-level data to examine the effects of breakups of the Czech firms and their subsequent privatization on corporate performance. Unlike the existing literature, which analyzes breakups almost exclusively in advanced economies, we control for accompanying ownership changes...
Persistent link: https://www.econbiz.de/10005036613
The Czech tax system is undergoing radical transformation. Among the many forthcoming changes, several features can be identified, which alter the structure of tax asymmetries. This paper uses an option-based model of direct taxation to examine a controversial new thin-capitalization rule,...
Persistent link: https://www.econbiz.de/10008754958