Financial and market prices of shares under the companies electrical crisis. Cover Image

Sytuacja finansowa i ceny rynkowe akcji spółek elektroenergetycznych w warunkach kryzysu
Financial and market prices of shares under the companies electrical crisis.

Author(s): Wiesław Janik, Karolina Gałązka
Subject(s): Economy
Published by: Wydawnictwo Naukowe Uniwersytetu Szczecińskiego
Keywords: financial crisis; profitability; liquidity; debt; equity prices; electricity companies

Summary/Abstract: The economic crisis, whose impact is felt on the Polish economy did not escape the sector, power. The financial situation of the largest companies involved in the production, distribution and trading of electricity traded on the Warsaw Stock Exchange has not yet significantly deteriorated. However, many symptoms indicative of increased uncertainty, ie: the demand for electricity, the price drop, drop in profitability of sales, the market price of shares of listed companies in the sector. This uncertainty adds to the risks arising from the EU's climate policy and the lack of a clear energy policy of the Polish government. The result of this situation include falling market prices of shares of companies in the sector listed on the Warsaw Stock Exchange.

  • Issue Year: 2013
  • Issue No: 64 (1)
  • Page Range: 347-357
  • Page Count: 11