Narrow search
Showing 1 - 10 of 234
Cover Image
The implementation of the microeconomics theory of the economic efficiency to the business economics
Suchánek, Petr - In: Politická ekonomie 2004 (2004) 4, pp. 503-512
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 … reserved to opportunity costs because it is fitting to total economic costs from a point of view of business economics theory …
Persistent link: https://www.econbiz.de/10005036583
Cover Image
An Analysis of Financial Performance Using the EVA Method
Dluhošová, Dana - In: Czech Journal of Economics and Finance (Finance a uver) 54 (2004) 11-12, pp. 541-559
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
Cover Image
Finančné rozhodovanie v podmienkach obmedzenej racionality : eskalácia angažovanosti v stratových projektoch
Markovič, Peter; Šinský, Michal; Šinský, Peter - In: Ekonomický časopis : časopis pre ekonomickú … 58 (2010) 1, pp. 3-16
Persistent link: https://www.econbiz.de/10003950624
Cover Image
Modely oceňování kapitálových aktiv a český akciový trh
Sommer, Martin - In: Finance a úvěr 47 (1997) 5, pp. 272-287
Persistent link: https://www.econbiz.de/10001225858
Cover Image
A Valuation Model for Project Standby Capacity
Vlachý, Jan - In: Ekonomika a managment 2009 (2009) 4
This paper addresses the issue of project standby capacity optimization for capital budgeting. A detailed analysis and case study show that this is a particular real-option based situation, which solicits the use of statistical simulation. The method can be recommended as a useful heuristic for...
Persistent link: https://www.econbiz.de/10009398922
Cover Image
Corporate strategy and financial theory
Vlachý, Jan - In: Politická ekonomie 2009 (2009) 2, pp. 147-162
well-researched schism between strategic management and financial theory. Options theory provides a potent tool to resolve …
Persistent link: https://www.econbiz.de/10005258060
Cover Image
Flexibility Value of Czech Power-Generation
Vlachý, Jan - In: Ekonomika a managment 2008 (2008) 2
The power-generation industry offers numerous opportunities to apply real options. This paper uses current empirical market data to estimate the value of flexibility in the Czech energy sector, which can serve to compare available technologies, and support various investment decisions. The model...
Persistent link: https://www.econbiz.de/10009398902
Cover Image
Replication Methods in the Pricing and Hedging of Barrier Options
Tomáš, Tichý - In: Czech Journal of Economics and Finance (Finance a uver) 54 (2004) 7-8, pp. 305-324
This paper considers various options replication methods. Firstly, a specific type of barrier option, an up-and-out call, is considered. Other barrier options are briefly also described, and various types of barriers are considered. Secondly, a general definition of replication methods is...
Persistent link: https://www.econbiz.de/10008549672
Cover Image
Hedging Strategies and Financial Risks
Zmeškal, Zdenìk - In: Czech Journal of Economics and Finance (Finance a uver) 54 (2004) 1-2, pp. 50-63
Hedging strategies represent basic instrument used toward eliminating financial risk. Increasing volatility of … select hedging strategies. Five basic hedging strategies ? delta hedging, minimum variance, minimum value at risk, maximum … portfolios consisting of risk assets (share, bond, commodity price, and exchange rate) and hedged assets (financial derivative …
Persistent link: https://www.econbiz.de/10008495620
Cover Image
The penalty on risky personal income due to tax rate progression
Vlachý, Jan - In: Politická ekonomie 2007 (2007) 5, pp. 625-636
This paper analyzes the tax penalty on volatile personal income under progressive tax rates. The phenomenon may have an effect on long-term entrepreneurial decisions as well as risky occupational choice. An options-based model is used to estimate the expected effective rate due from tax-payers...
Persistent link: https://www.econbiz.de/10005036619