Stock market development beyond the GFC: The case of V4 countries

Vychytilová, Jana

dc.title	Stock market development beyond the GFC: The case of V4 countries	en
dc.contributor.author	Vychytilová, Jana
dc.relation.ispartof	Journal of Competitiveness
dc.identifier.issn	1804-171X Scopus Sources, Sherpa/RoMEO, JCR
dc.identifier.issn	1804-1728 Scopus Sources, Sherpa/RoMEO, JCR
dc.date.issued	2018
utb.relation.volume	10
utb.relation.issue	2
dc.citation.spage	149
dc.citation.epage	163
dc.type	article
dc.language.iso	en
dc.publisher	Univerzita Tomáše Bati ve Zlíně (UTB), Fakulta managementu a ekonomiky
dc.identifier.doi	10.7441/joc.2018.02.10
dc.relation.uri	https://www.cjournal.cz/index.php?hid=clanek&bid=archiv&cid=291&cp=
dc.relation.uri	https://www.cjournal.cz/files/291.pdf
dc.subject	stocks	en
dc.subject	performance	en
dc.subject	V4 countries	en
dc.subject	correlation	en
dc.subject	return	en
dc.description.abstract	The stock exchanges are widely considered to be pivotal institutions providing the capital for companies and helping them to gain competitive advantage through economies of scale. This paper examines and sheds additional insight into the stock market behaviour of countries of Visegrad Group, namely the Czech Republic, Slovak Republic, Poland and Hungary, beyond the global financial crisis. The study uses data about official stock market indices of the four official stock exchanges in the Visegrad region, between the years 2010-2016. It applies the correlation analysis in attempt to find out whether the indices, namely the BUX Index, PX Index, SAX Index and WIG 20 Index, have similarities in their behaviour, beyond the crisis. The results indicate the V4 stock markets of geographically connected economics exhibit significant similarities in their behaviour, in the post-crisis period. The paper, inter alia, stresses the importance of the stock markets and provides a coherent overview on official V4 stock markets and their official stock market indices.	en
utb.faculty	Faculty of Management and Economics
dc.identifier.uri	http://hdl.handle.net/10563/1008118
utb.identifier.obdid	43879416
utb.identifier.scopus	2-s2.0-85054513087
utb.identifier.wok	000437712800010
utb.source	j-wok
dc.date.accessioned	2018-08-03T12:49:41Z
dc.date.available	2018-08-03T12:49:41Z
dc.rights	Attribution 4.0 International
dc.rights.uri	https://creativecommons.org/licenses/by/4.0/
dc.rights.access	openAccess
utb.contributor.internalauthor	Vychytilová, Jana
utb.fulltext.affiliation	Jana Vychytilova Contact information Ing. Jana Vychytilova, Ph.D. Tomas Bata University in Zlín, Czech Republic Faculty of Management and Economics Department of Finance and Accounting E-mail: janka.vychytilova@gmail.com ORCID: 0000-0003-0204-187X
utb.fulltext.dates	-
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utb.fulltext.sponsorship	-
utb.wos.affiliation	[Vychytilova, Jana] Tomas Bata Univ Zlin, Fac Management & Econ, Dept Finance & Accounting, Zlin, Czech Republic
utb.scopus.affiliation	Tomas Bata University in Zlín, Czech Republic; Faculty of Management and Economics, Department of Finance and Accounting
utb.fulltext.projects	-
utb.fulltext.faculty	Faculty of Management and Economics
utb.fulltext.ou	Department of Finance and Accounting
utb.identifier.jel	O16
utb.identifier.jel	G12
utb.identifier.jel	G15