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Macroeconomic background of public listing in Czechia and Hungary

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dc.title Macroeconomic background of public listing in Czechia and Hungary en Kiss, Gábor Dávid Vychytilová, Jana
dc.relation.ispartof Finance and the Performance of Firms in Science, Education and Practice 2017
dc.identifier.isbn 978-80-7454-653-2 2017
dc.citation.spage 395
dc.citation.epage 403
dc.event.title 6th International Scientific Conference on Finance and the Performance of Firms in Science, Education, and Practice
dc.event.location Zlín
utb.event.state-en Czech Republic
utb.event.state-cs Česká republika
dc.event.sdate 2017-04-26
dc.event.edate 2017-04-27
dc.type conferenceObject
dc.language.iso en
dc.publisher Univerzita Tomáše Bati ve Zlíně (UTB) cs
dc.publisher Tomas Bata University in Zlín en
dc.subject public listing en
dc.subject stock exchange en
dc.subject macro variables en
dc.subject Czechia en
dc.subject Hungary en
dc.description.abstract The principal objective of this paper is to analyze the common and country-specific aspects in the macroeconomic and political background of the poor public listing in Czechia and Hungary. Vector Autoregressions were tested on country level and a fixed effect panel regression analyzed the cross-country phenomena. As a key result, we cannot support the idea that privatization policies, funded pension pillar, economic crisis or stock market ownership could be useful variable which describes the solution of current situation. Believing that economic growth or the increasing number of companies can solve this problem proved to be also a false hope. Deeper and finer political and market incentives are necessary to highlight the added value of public listing for the targeted sector. en
utb.faculty Faculty of Management and Economics
utb.identifier.rivid RIV/70883521:28120/17:63516728!RIV18-MSM-28120___
utb.identifier.pubmed 43876778
utb.source d-orig 2018-11-19T13:51:02Z 2018-11-19T13:51:02Z
utb.contributor.internalauthor Vychytilová, Jana
utb.fulltext.affiliation Kiss Gábor Dávid, Vychytilová Jana Contact information Gábor Dávid KISS University of Szeged 6722 Szeged, Kálvária sgt. 1 Email: Jana Vychytilová Tomas Bata University in Zlin Mostní 5139 760 01 Zlín Email:
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