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The Czech Equity Market - Its Effectiveness and Macroeconomic Consequences

Horská, Helena - In: Czech Journal of Economics and Finance (Finance a uver) 55 (2005) 5-6, pp. 283-301

This paper examines features of the Czech stock market’s development from 1997 to 2003 and attempts to unveil the … macroeconomic consequences of stock-price development. The analysis of the stock market’s behavior supports a cautionary stance on … the hypothesis of the efficient-market theory, even in its weak form. Another finding, as regards the macroeconomic …

Persistent link: https://www.econbiz.de/10005808639

Defection of Traditional Standard Deviation Scaling of Capital Asset Returns

Gazda, Vladimír; Koøený, Karel; Výrost, Tomáš - In: Czech Journal of Economics and Finance (Finance a uver) 54 (2004) 7-8, pp. 325-334

In this paper, we investigate the adequacy of scaling, a method frequently used in estimation of standard deviation of …

Persistent link: https://www.econbiz.de/10008549843

Is the assumption of voters' rationality just a myth?

Roháč, Dalibor - In: Politická ekonomie 2009 (2009) 2, pp. 163-176

This paper discusses recent claims made by Caplan (2000, 2001a, 2001b, 2001c, 2002, 2007) who argues that democracies produce bad policies as a result of voters' irrational beliefs. We start by outlining the motives which led Caplan to amend classic Public Choice in such a radical fashion. We...

Persistent link: https://www.econbiz.de/10005258109

Global Paradigm of a Managerial System on the Principle of Living Organisms

Truneček, Jan - In: Acta Oeconomica Pragensia 2008 (2008) 3, pp. 92-102

principle of living organisms. Using Kuhn's theory of science development, the article characterizes controversial attitudes to …

Persistent link: https://www.econbiz.de/10005036426

Financial Management and Controlling in the Sector of Agriculture after the EU Entry

Grznár, Miroslav; Foltínová, Alžbeta - In: Ekonomika a managment 2009 (2009) 2

The submitted paper deals with the finacial management characteristics in agriculture enterprises, as well as financial positions, financial results and controlling as an instrument ensuring planning, monitoring and adopting recovery measurements within financial management. Since the major...

Persistent link: https://www.econbiz.de/10009398931

Various Versions of Managerial Income Statement

Foltínová, Alžbeta; Budinský, Michal - In: Ekonomika a managment 2008 (2008) 2

The aim of this paper is to present a spectrum of approaches to managerial income statement assembling. In the preface, we explain the managerial income statement concept. We define it as a report processed for the needs of inter-business management, which intermediates various views on business...

Persistent link: https://www.econbiz.de/10009401129