PERFORMANCE FACTORS OF THE LISTED COMPANIES IN THE VISEGRAD COUNTRIES AND ROMANIA Cover Image

PERFORMANCE FACTORS OF THE LISTED COMPANIES IN THE VISEGRAD COUNTRIES AND ROMANIA
PERFORMANCE FACTORS OF THE LISTED COMPANIES IN THE VISEGRAD COUNTRIES AND ROMANIA

Author(s): Gabriella Koszorús, Tibor Tarnóczi
Subject(s): Business Economy / Management, Agriculture, International relations/trade, Accounting - Business Administration
Published by: Fundatia Română pentru Inteligenta Afacerii
Keywords: Stock exchange; Financial performance; Quantile panel regression;

Summary/Abstract: The study includes an analysis of selected listed companies in five countries, the Visegrád countries (Czech Republic, Hungary, Poland, Slovakia) and Romania. The main purpose of the research was to compare the performance of individual countries and to identify the key factors affecting the Market Capitalization / Equity ratio. Financial indicators (profitability and market indicators) were used to analyse countries' performance, and comparisons were made using variance analysis. There was a wide variation in the ratios within and between countries. The analysis also shows that the performance of companies is very different. Considering panel regression is performed, there are groups in which none of the explanatory variables is significant. There are three indicators that most often influence the value of the dependent variable: ROA, ROE, and Debt Ratio.

  • Issue Year: VIII/2020
  • Issue No: 15
  • Page Range: 17-25
  • Page Count: 9
  • Language: English