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Performance Factors Of The Listed Companies In The Visegrad Countries And Romania

Author

Listed:
  • Gabriella KOSZORÚS

    (Faculty of Economics and Business, University of Debrecen, Debrecen, Hungary)

  • Tibor TARNÓCZI

    (Faculty of Economics and Business, University of Debrecen, Debrecen, Hungary)

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.

Suggested Citation

  • Gabriella KOSZORÚS & Tibor TARNÓCZI, 2020. "Performance Factors Of The Listed Companies In The Visegrad Countries And Romania," Network Intelligence Studies, Romanian Foundation for Business Intelligence, Editorial Department, issue 15, pages 17-25, June.
    • Handle: RePEc:cmj:networ:y:2020:i:15:p:17-25
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    References listed on IDEAS

    as
    1. Veronika Fenyves & Balazs Nyul & Krisztina Dajnoki & Zoltan Bacs & Gergo Tomori, 2019. "Profitability of Pharmaceutical Companies in the Visegrád Countries," Montenegrin Journal of Economics, Economic Laboratory for Transition Research (ELIT), vol. 15(4), pages 99-111.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Stock exchange; Financial performance; Quantile panel regression;
    All these keywords.

    JEL classification:

    • M40 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - General
    • G30 - Financial Economics - - Corporate Finance and Governance - - - General
    • C40 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - General

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