VALUATION OF PRIVATIZED COMPANIES IN THE TRANSITION ECONOMIES: THE CASE OF PRISHTINA INTERNATIONAL AIRPORT

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F70883521%3A28120%2F17%3A63517282" target="_blank" >RIV/70883521:28120/17:63517282 - isvavai.cz</a>

Výsledek na webu

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DOI - Digital Object Identifier

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Jazyk výsledku

angličtina

Název v původním jazyce

VALUATION OF PRIVATIZED COMPANIES IN THE TRANSITION ECONOMIES: THE CASE OF PRISHTINA INTERNATIONAL AIRPORT

Popis výsledku v původním jazyce

The paper aims to capture the valuation problems associated with the privatization of stateowned companies in Kosovo. The methods used in the research detain, if the Prishtina International Airport was undervalued, overvalued, or properly valued in the leasing process. Privatization has been considered as the turning argument in the inclusive economic liberalization process that the Kosovo economy conducted during the transition period. The study comprises research on the factual data in the period 2010-2014 while the estimates on cash flow projections has been made on twenty-year period linked with the concession agreement of the Prishtina International Airport. The results of the study with the standard geometric progression and Monte Carlo simulation, show that the Prishtina International Airport (PIA) was undervalued in the leasing process.

Název v anglickém jazyce

VALUATION OF PRIVATIZED COMPANIES IN THE TRANSITION ECONOMIES: THE CASE OF PRISHTINA INTERNATIONAL AIRPORT

Popis výsledku anglicky

The paper aims to capture the valuation problems associated with the privatization of stateowned companies in Kosovo. The methods used in the research detain, if the Prishtina International Airport was undervalued, overvalued, or properly valued in the leasing process. Privatization has been considered as the turning argument in the inclusive economic liberalization process that the Kosovo economy conducted during the transition period. The study comprises research on the factual data in the period 2010-2014 while the estimates on cash flow projections has been made on twenty-year period linked with the concession agreement of the Prishtina International Airport. The results of the study with the standard geometric progression and Monte Carlo simulation, show that the Prishtina International Airport (PIA) was undervalued in the leasing process.

Druh

D - Stať ve sborníku

CEP obor

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OECD FORD obor

50206 - Finance

Projekt

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Návaznosti

S - Specificky vyzkum na vysokych skolach

Rok uplatnění

2017

Kód důvěrnosti údajů

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

Název statě ve sborníku

Proceedings of the 8th International Scientific Conference Finance and Performance of Firms in Science, Education and Practice

ISBN

978-80-7454-653-2

ISSN

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e-ISSN

neuvedeno

Počet stran výsledku

14

Strana od-do

16-29

Název nakladatele

Fakulta managementu a ekonomiky, UTB ve Zlíně

Místo vydání

Zlín

Místo konání akce

Zlín

Datum konání akce

26. 4. 2017

Typ akce podle státní příslušnosti

EUR - Evropská akce

Kód UT WoS článku

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