Finansowa analiza sieciowa powiązań kapitałowych w Polsce
A financial network analysis of the equity linkages in Poland
Author(s): Artur TomeczekSubject(s): Financial Markets
Published by: Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu
Keywords: network analysis; equity linkages; PageRank; modularity; WIG
Summary/Abstract: This article aimed to examine the financial networks of equity linkages and cross-shareholdings between publicly listed companies in Poland (WIG20 and mWIG40) and to explore the changes that occurred in bank ownership because of the COVID-19 pandemic. The literature review revealed four main types of financial networks: cross-shareholding, correlation, debt, and Granger-causality. Four equity-based directed financial networks were constructed. The two key network measures used in this research are Page
Journal: Prace Naukowe Uniwersytetu Ekonomicznego we Wrocławiu
- Issue Year: 65/2021
- Issue No: 4
- Page Range: 129-143
- Page Count: 15
- Language: English