The Development of Profitability of Merged Czech Companies
| Authors | |
|---|---|
| Year of publication | 2014 |
| Type | Article in Proceedings |
| Conference | Proceedings of the 11th International Scientific Conference European Financial Systems 2014 |
| MU Faculty or unit | |
| Citation | |
| Field | Management and administrative |
| Keywords | mergers; profitability; macroeconomic development; panel data model |
| Description | The aim of this paper is to analyse the development of profitability of merged Czech companies realizing the merger in the pe riod of years 2001 – 2010. The analysis is based on the sample of more than 300 comp anies realizing and completing successfully the process of merger during the above mentioned period. Regression techniques are used to reveal the most important factors standing behind the changes of profitability of merged companies. The factors under consideration are foreign ownership, the size of the company and the influence of macroeco nomic development in the Czech Republic. Moreover, the relative importance of all controlled variables is evaluated as well. |
| Related projects: |