Structure of owners risk rewards depending on the sector sensitivity to the economic cycle

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216305%3A26510%2F13%3APU104053" target="_blank" >RIV/00216305:26510/13:PU104053 - isvavai.cz</a>

Result on the web

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DOI - Digital Object Identifier

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Result language

angličtina

Original language name

Structure of owners risk rewards depending on the sector sensitivity to the economic cycle

Original language description

Purpose of the article All national economies go through their economic cycle and partial sectors of these economies go through their market life cycle, too. But the course of the market life cycle does not have to ever be the same as in the case of theeconomic cycle. So, there exist sectors with different sensitivities to economic cycle. The sector sensitivity can considerably influence many financial quantities, especially quantities describing the entrepreneurial risk, which can be expressed in formof cost of capital. The main aim of this article is to find out the structure of cost of equity, which is required in sectors with different sensitivity to the economic cycle. Methodology/methods There are used and analyzed secondary data for periods from I. 2007 to II. 2011, gotten from materials published by the Czech Statistical Office and the Czech Ministry of Industry and Trade. The sector sensitivity is measured according to the correlation between gross domestic product (GDP), us

Czech name

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Czech description

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Type

J_x - Unclassified - Peer-reviewed scientific article (Jimp, Jsc and Jost)

CEP classification

AE - Management, administration and clerical work

OECD FORD branch

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Project

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Continuities

S - Specificky vyzkum na vysokych skolach

Publication year

2013

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Name of the periodical

TRENDY EKONOMIKY A MANAGEMENTU

ISSN

1802-8527

e-ISSN

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Volume of the periodical

VII

Issue of the periodical within the volume

15

Country of publishing house

CZ - CZECH REPUBLIC

Number of pages

9

Pages from-to

59-67

UT code for WoS article

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EID of the result in the Scopus database

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