The Development of Profitability of Merged Czech Companies

被引：0
|
作者：
Valouch, Petr [1 ]
Nemec, Daniel [2 ]
机构：
[1] Masaryk Univ, Fac Econ & Adm, Dept Finance, Brno 60200, Czech Republic
[2] Masaryk Univ, Fac Econ & Adm, Dept Econ, Brno 60200, Czech Republic
来源：
EUROPEAN FINANCIAL SYSTEMS 2014 | 2014年
关键词：
mergers; profitability; macroeconomic development; panel data model;
D O I：
暂无
中图分类号：
F8 [财政、金融];
学科分类号：
0202 ;
摘要：
The aim of this paper is to analyse the development of profitability of merged Czech companies realizing the merger in the period of years 2001 - 2010. The analysis is based on the sample of more than 300 companies realizing and completing successfully the process of merger during the above mentioned period. Regression techniques are used to reveal the most important factors standing behind the changes of profitability of merged companies. The factors under consideration are foreign ownership, the size of the company and the influence of macroeconomic development in the Czech Republic. Moreover, the relative importance of all controlled variables is evaluated as well.
引用
收藏
页码：669 / 676
页数：8
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