RUMOURS RELATED TO POLITICAL INSTABILITY AND THEIR IMPACT ON IPOs. THE USE OF QUALITATIVE MODELLING WITH INCOMPLETE KNOWLEDGE
Journal Title: Polish Journal of Management Studies - Year 2017, Vol 16, Issue 2
Abstract
This paper deals with propagation of rumours linked to political instability within going public procedure. Rumours affect the decision making significantly because of information asymmetry. Firstly, a team of experts identified a set of 9 macroeconomic variables that are likely to be affected by political instability in a country. Next, a qualitative model was developed. The result is represented by 25 scenarios and their qualitative solutions. The transitional graph represents all possible transitions among the 108 scenarios. Although no of the rumours is under control of the investor, if timely detected, any damages can be averted.<br/><br/>
Authors and Affiliations
Tomáš Meluzín, Michał Bernard Pietrzak, Adam P. Balcerzak, Marek Zinecker, Karel Doubravský, Mirko Dohnal
Keywords
Related Articles
- EP ID EP248681
- DOI 10.17512/pjms.2017.16.2.15
- Views 58
- Downloads 0
CAPITAL EXPENDITURES AND PERFORMANCE OF LOCAL GOVERNMENT ADMINISTRATION
This study investigates how the realization of capital expenditure budget relates to the performance of local government administration. Findings of this study show that realization of capital expenditure budget is posit...
THE ANALYSIS OF THE ECONOMIC EFFICIENCY OF REGIONS ON THE LEVEL OF NUTS III AND ON THE PROPORTION OF MUNICIPIAL TAXATION
Also the municipalities in the Prešov region were hit by the global economic and financial crisis. In this paper we analyze how the change of economic performance and subsequent revenue shortfall in the municipal influen...
GLOCAL LEADERSHIP BEHAVIORS OF MANAGERS WORKING IN PRIVATE INSTITUTIONS
Glocalization is a holistic approach that balances global and local dimensions. As it affects organizations, glocal leadership has started to be discussed. The aim of this study is to reveal the perceptions of managers o...
Managerial Challenges for Software House Related to Work, Worker and Workplace: Stress Reduction and Sustenance of Human Capital
The study aims to assess work, worker and workplace challenges for software houses’ management in Canada and Pakistan, specifically exploring stress reduction and sustenance of human capital through social support progra...
A QUALITATIVE APPROACH IN TERMS OF FUZZY LOGIC RELATED TO THE EXCELLENCE ACHIEVING WITHIN MANAGERIAL PROCESS OF PERSONNEL SELECTION
The present article aims to design and develop a qualitative methodology using fuzzy logic in order to be a real tool for the managerial decisional factor in solving the multicriteria decisional problems related to the p...