Sector Sensitivity to Business Cycle and its Influence on the Structure of Cost of Equity
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216305%3A26510%2F12%3APU99830" target="_blank" >RIV/00216305:26510/12:PU99830 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Alternative languages
Result language
angličtina
Original language name
Sector Sensitivity to Business Cycle and its Influence on the Structure of Cost of Equity
Original language description
This article has its aim to find out relations between sensitivity of selected sectors to the business cycle and the cost of equity, including its structure, that are required in the sector. First of all, there were selected quantities, which serve for measuring and identifying the business cycle and the market life cycle. The business cycle was considered by using the gross domestic product (GDP), calculated by the expenditure approach, and for identifying the market life cycle, there were used sales for goods, own products and services, reached on the whole market (= sector). By each sector of czech economy where these two quantities put into correlation and there was calculated the coefficient of correlation, by using the MS Excels function CORREL.The interval of values, that can reach this coefficient, was divided into three thirds to determine cyclical, neutral and anti-cyclical sectors. Consequently, there were selected three sectors, which reached an extreme value of the coeffi
Czech name
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Czech description
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Classification
Type
D - Article in proceedings
CEP classification
AE - Management, administration and clerical work
OECD FORD branch
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Result continuities
Project
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Continuities
S - Specificky vyzkum na vysokych skolach
Others
Publication year
2012
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Article name in the collection
Trends in economics and management for the 21st century
ISBN
978-80-214-4581-9
ISSN
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e-ISSN
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Number of pages
9
Pages from-to
198-206
Publisher name
Neuveden
Place of publication
Brno
Event location
Brno
Event date
Sep 20, 2012
Type of event by nationality
WRD - Celosvětová akce
UT code for WoS article
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