Initial Public Offering Qualitative Unsteady-State Model Based on Exogenous Variables

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216305%3A26510%2F15%3APU115943" target="_blank" >RIV/00216305:26510/15:PU115943 - isvavai.cz</a>

Nalezeny alternativní kódy

RIV/00216305:26510/15:PU119805

Výsledek na webu

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DOI - Digital Object Identifier

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Jazyk výsledku

angličtina

Název v původním jazyce

Initial Public Offering Qualitative Unsteady-State Model Based on Exogenous Variables

Popis výsledku v původním jazyce

Initial Public Offering (IPO) decision support models are based on complex and vague network of knowledge items. However, IPO related processes based on exogenous variables are highly non-linear, vague, partially inconsistent and multidimensional systems. It is prohibitively difficult to study them on quantitative levels e.g. using numerical values, especially under conditions of capital markets with a lack of appropriate data sets. The resulting oversimplified models and therefore inapplicable resultsare often obtained. The purpose of this article is to explore exogenous factors that influence the decision of enterprises about IPO timing and thus to enlarge the current IPO literature with applying qualitative modelling to support CFOs when considering the timing of new issues under conditions of emerging and underdeveloped capital markets. Our IPO qualitative model is based on 12 variables and 30 qualitative relations among them. The model has 27 solutions/scenarios. All transitions

Název v anglickém jazyce

Initial Public Offering Qualitative Unsteady-State Model Based on Exogenous Variables

Popis výsledku anglicky

Initial Public Offering (IPO) decision support models are based on complex and vague network of knowledge items. However, IPO related processes based on exogenous variables are highly non-linear, vague, partially inconsistent and multidimensional systems. It is prohibitively difficult to study them on quantitative levels e.g. using numerical values, especially under conditions of capital markets with a lack of appropriate data sets. The resulting oversimplified models and therefore inapplicable resultsare often obtained. The purpose of this article is to explore exogenous factors that influence the decision of enterprises about IPO timing and thus to enlarge the current IPO literature with applying qualitative modelling to support CFOs when considering the timing of new issues under conditions of emerging and underdeveloped capital markets. Our IPO qualitative model is based on 12 variables and 30 qualitative relations among them. The model has 27 solutions/scenarios. All transitions

Druh

D - Stať ve sborníku

CEP obor

AH - Ekonomie

OECD FORD obor

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Projekt

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Návaznosti

S - Specificky vyzkum na vysokych skolach

Rok uplatnění

2015

Kód důvěrnosti údajů

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

Název statě ve sborníku

Political Sciences, Law, Finance, Economics and Tourism

ISBN

978-619-7105-47-6

ISSN

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e-ISSN

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Počet stran výsledku

8

Strana od-do

229-236

Název nakladatele

STEF92 Technology Ltd.

Místo vydání

Sofia, Bulgaria

Místo konání akce

Albena

Datum konání akce

26. 8. 2015

Typ akce podle státní příslušnosti

WRD - Celosvětová akce

Kód UT WoS článku

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