Detailed Information on Publication Record
2018
The Effect of Financial Ratios on the Stock Prices: Evidence from the GPW
LIGOCKÁ, MarieBasic information
Original name
The Effect of Financial Ratios on the Stock Prices: Evidence from the GPW
Authors
LIGOCKÁ, Marie (203 Czech Republic, guarantor, belonging to the institution)
Edition
Praha, Recenzovaný sborník příspěvků z 5. ročníku konference doktorandů na Vysoké škole finanční a správní (2018), p. 106-115, 10 pp. 2018
Publisher
nakladatelství Vysoké školy finanční a správní, a.s.
Other information
Language
English
Type of outcome
Stať ve sborníku
Field of Study
50202 Applied Economics, Econometrics
Confidentiality degree
není předmětem státního či obchodního tajemství
Publication form
electronic version available online
References:
RIV identification code
RIV/47813059:19520/18:00011084
Organization unit
School of Business Administration in Karvina
ISBN
978-80-7408-182-8
Keywords in English
Financial ratios; cointegration; Poland; industry; stock exchange
Změněno: 21/11/2019 15:04, RNDr. Daniel Jakubík
Abstract
V originále
Stock prices can be influenced by many factors; the macroeconomic factors, industrial specifics and company characteristics are three main cathegories. The object of this paper is to analyze relationship between the food, energy, metallurgical and chemical companies listed on the GPW over the 2006 - 2015 period. The Johansen cointegration test and the Vector Error Correction Model (VECM) are used to examine long-term and short-term relationship links. The findings indicate the prevailing impact of rentability to the selected stock prices of companies listed on the GPW.