ZASTOSOWANIE MIERNIKÓW TAKSONOMICZNYCH DO OCENY EFEKTYWNOŚCI FINANSOWEJ GIEŁD EUROPEJSKICH W LATACH 2002-2011
APPLICATION OF TAXONOMIC MEASURES TO EVALUATION OF THE EUROPEAN STOCK EXCHANGES FINANCIAL EFFICIENCY
Author(s): Krzysztof KompaSubject(s): Economy, Evaluation research, Financial Markets
Published by: Szkoła Główna Gospodarstwa Wiejskiego w Warszawie
Keywords: stock exchange; financial efficiency; FESE; taxonomic measure;
Summary/Abstract: The aim of the paper is evaluation of financial efficiency of the European stock exchanges that are treated as enterprises. The financial efficiency is measured applying taxonomic measures using revenue, costs and EBITDA as diagnostic variables. The research is provided on the basis of data provided by FESE for years 2002-2011.
Journal: Metody Ilościowe w Badaniach Ekonomicznych
- Issue Year: XV/2014
- Issue No: 4
- Page Range: 52-61
- Page Count: 10
- Language: Polish