Testovanie systematického rizika pomocou Brimble-Hodgsonovho Accounting modelu v odvetví stavebníctva
The goal of this article is to point at the possibilities of estimating the beta coefficient by means of accounting variables. Its advantage is that it can be applied for the companies which shares are not traded at the stock exchange, or for newly established companies (e.g. start-ups) with no hist...
| Main Authors: | , , |
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| Format: | Article |
| Language: | ces |
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Vydavatelství ZČU v Plzni
2017-10-01
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| Series: | Trendy v podnikání |
| Subjects: | |
| Online Access: | http://www.fek.zcu.cz/tvp/doc/akt/3-2016-clanek-1.pdf |
| _version_ | 1797706487334699008 |
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| author | Helena Majdúchová Daniela Rybárová Bernadeta Siváková |
| author_facet | Helena Majdúchová Daniela Rybárová Bernadeta Siváková |
| author_sort | Helena Majdúchová |
| collection | DOAJ |
| description | The goal of this article is to point at the possibilities of estimating the beta coefficient by means of accounting variables. Its advantage is that it can be applied for the companies which shares are not traded at the stock exchange, or for newly established companies (e.g. start-ups) with no history of their activities and with very limited possibilities of risk diversification. We are of the opinion that these data can be considered as one of the most appropriate means of estimating the overall risk of the particular company. Beta coefficient estimate is not based on the market information, but on the accounting data of the company being analysed. By testing of the Brimble-Hodgson model on the constructing area we have identified significant variables with serious influence over the systematic risk. |
| first_indexed | 2024-03-12T05:51:59Z |
| format | Article |
| id | doaj.art-e5e91713156948279ab82d941655505f |
| institution | Directory Open Access Journal |
| issn | 1805-0603 |
| language | ces |
| last_indexed | 2024-03-12T05:51:59Z |
| publishDate | 2017-10-01 |
| publisher | Vydavatelství ZČU v Plzni |
| record_format | Article |
| series | Trendy v podnikání |
| spelling | doaj.art-e5e91713156948279ab82d941655505f2023-09-03T05:04:26ZcesVydavatelství ZČU v PlzniTrendy v podnikání1805-06032017-10-0163311Testovanie systematického rizika pomocou Brimble-Hodgsonovho Accounting modelu v odvetví stavebníctvaHelena MajdúchováDaniela RybárováBernadeta SivákováThe goal of this article is to point at the possibilities of estimating the beta coefficient by means of accounting variables. Its advantage is that it can be applied for the companies which shares are not traded at the stock exchange, or for newly established companies (e.g. start-ups) with no history of their activities and with very limited possibilities of risk diversification. We are of the opinion that these data can be considered as one of the most appropriate means of estimating the overall risk of the particular company. Beta coefficient estimate is not based on the market information, but on the accounting data of the company being analysed. By testing of the Brimble-Hodgson model on the constructing area we have identified significant variables with serious influence over the systematic risk.http://www.fek.zcu.cz/tvp/doc/akt/3-2016-clanek-1.pdfreturn riskbeta coefficienntalternative appproachespanel datasimple linear regression |
| spellingShingle | Helena Majdúchová Daniela Rybárová Bernadeta Siváková Testovanie systematického rizika pomocou Brimble-Hodgsonovho Accounting modelu v odvetví stavebníctva Trendy v podnikání return risk beta coefficiennt alternative appproaches panel data simple linear regression |
| title | Testovanie systematického rizika pomocou Brimble-Hodgsonovho Accounting modelu v odvetví stavebníctva |
| title_full | Testovanie systematického rizika pomocou Brimble-Hodgsonovho Accounting modelu v odvetví stavebníctva |
| title_fullStr | Testovanie systematického rizika pomocou Brimble-Hodgsonovho Accounting modelu v odvetví stavebníctva |
| title_full_unstemmed | Testovanie systematického rizika pomocou Brimble-Hodgsonovho Accounting modelu v odvetví stavebníctva |
| title_short | Testovanie systematického rizika pomocou Brimble-Hodgsonovho Accounting modelu v odvetví stavebníctva |
| title_sort | testovanie systematickeho rizika pomocou brimble hodgsonovho accounting modelu v odvetvi stavebnictva |
| topic | return risk beta coefficiennt alternative appproaches panel data simple linear regression |
| url | http://www.fek.zcu.cz/tvp/doc/akt/3-2016-clanek-1.pdf |
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