Using the Predictive Model IN05 to Assess the Business
Environment in Czechia

D 2024

Using the Predictive Model IN05 to Assess the Business Environment in Czechia

PRAŽÁK, Tomáš

Basic information

Original name

Using the Predictive Model IN05 to Assess the Business Environment in Czechia

Authors

PRAŽÁK, Tomáš (203 Czech Republic, guarantor, belonging to the institution)

Edition

Cham, Switzerland, Applied Economic Research and Trends, p. 1009-1019, 11 pp. 2024

Publisher

Springer

Other information

Language

English

Type of outcome

Proceedings paper

Field of Study

50202 Applied Economics, Econometrics

Country of publisher

Switzerland

Confidentiality degree

is not subject to a state or trade secret

Publication form

printed version "print"

References:

URL

RIV identification code

RIV/47813059:19520/24:A0000498

Organization unit

School of Business Administration in Karvina

ISBN

978-3-031-49104-7

ISSN

DOI

https://doi.org/10.1007/978-3-031-49105-4_57

EID Scopus

2-s2.0-85200609575

Keywords in English

Macroeconomic factors; GMM; Regression analyses; Predictive model

Abstract

In the original language

Assessing the financial situation of businesses requires considering both internal factors and the external macroeconomic environment. The aim of this study is to investigate how the macroeconomic environment affects business activities by evaluating the financial health of companies in Czechia. The comprehensive model IN05 is used to evaluate companies’ financial situations, taking into account the specifics of Czech companies’ financial statements. The analysis focuses on the impact of key macroeconomic determinants, such as real GDP growth rates, consumer price index, industrial producer price index, nominal interest rates, and the unemployment rate. Panel regression method, called General Methods of Moments (GMM), is employed to analyze the relationships within this two-dimensional space. The research seeks to identify the macroeconomic factors that exert the most significant influence on companies’ financial situation in Czechia. The study considers the national level as well as variations across economic sectors and enterprise sizes. The factors that have the strongest impact on the financial situation of companies in Czechia include interest rates or the price level.

Cite

PRAŽÁK, Tomáš. Using the Predictive Model IN05 to Assess the Business Environment in Czechia. In Nicholas Tsounis. Applied Economic Research and Trends. Cham, Switzerland: Springer, 2024, p. 1009-1019. ISBN 978-3-031-49104-7. Available from: https://doi.org/10.1007/978-3-031-49105-4_57.

@inproceedings{82025,
   author = {Pražák, Tomáš},
   address = {Cham, Switzerland},
   booktitle = {Applied Economic Research and Trends},
   doi = {https://doi.org/10.1007/978-3-031-49105-4_57},
   editor = {Nicholas Tsounis},
   keywords = {Macroeconomic factors; GMM; Regression analyses; Predictive model},
   howpublished = {tištěná verze "print"},
   language = {eng},
   location = {Cham, Switzerland},
   isbn = {978-3-031-49104-7},
   pages = {1009-1019},
   publisher = {Springer},
   title = {Using the Predictive Model IN05 to Assess the Business Environment in Czechia},
   url = {https://link.springer.com/chapter/10.1007/978-3-031-49105-4_57#citeas},
   year = {2024}
}

TY  - CONF
ID  - 82025
AU  - Pražák, Tomáš
PY  - 2024
TI  - Using the Predictive Model IN05 to Assess the Business Environment in Czechia
PB  - Springer
CY  - Cham, Switzerland
SN  - 9783031491047
KW  - Macroeconomic factors
KW  - GMM
KW  - Regression analyses
KW  - Predictive model
UR  - https://link.springer.com/chapter/10.1007/978-3-031-49105-4_57#citeas
N2  - Assessing the financial situation of businesses requires considering both internal factors and the external macroeconomic environment. The aim of this study is to investigate how the macroeconomic environment affects business activities by evaluating the financial health of companies in Czechia. The comprehensive model IN05 is used to evaluate companies’ financial situations, taking into account the specifics of Czech companies’ financial statements. The analysis focuses on the impact of key macroeconomic determinants, such as real GDP growth rates, consumer price index, industrial producer price index, nominal interest rates, and the unemployment rate. Panel regression method, called General Methods of Moments (GMM), is employed to analyze the relationships within this two-dimensional space. The research seeks to identify the macroeconomic factors that exert the most significant influence on companies’ financial situation in Czechia. The study considers the national level as well as variations across economic sectors and enterprise sizes. The factors that have the strongest impact on the financial situation of companies in Czechia include interest rates or the price level.
ER  -

PRAŽÁK, Tomáš. Using the Predictive Model IN05 to Assess the Business Environment in Czechia. In Nicholas Tsounis. \textit{Applied Economic Research and Trends}. Cham, Switzerland: Springer, 2024, p.~1009-1019. ISBN~978-3-031-49104-7. Available from: https://doi.org/10.1007/978-3-031-49105-4\_{}57.

Přehled o publikaci