Publication detail

Rumours Related to Political Instability and their Impact on IPOs. The Use of Qualitative Modelling with Incomplete Knowledge.

MELUZÍN, T. PIETRZAK, M. BALCERZAK, A. ZINECKER, M. DOUBRAVSKÝ, K. DOHNAL, M.

Original Title

Rumours Related to Political Instability and their Impact on IPOs. The Use of Qualitative Modelling with Incomplete Knowledge.

Type

journal article in Web of Science

Language

English

Original 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.

Keywords

macroeconomics; politics; rumours; going public; qualitative models; scenarios

Authors

MELUZÍN, T.; PIETRZAK, M.; BALCERZAK, A.; ZINECKER, M.; DOUBRAVSKÝ, K.; DOHNAL, M.

Released

30. 12. 2017

Publisher

Faculty of Management of Czestochowa University of Technology

Location

Czestochowa

ISBN

2081-7452

Periodical

Polish Journal of Management Studies

Year of study

16

Number

2

State

Republic of Poland

Pages from

171

Pages to

187

Pages count

18

URL

https://pjms.zim.pcz.pl/resources/html/article/details?id=158396

BibTex

@article{BUT142873,
  author="Tomáš {Meluzín} and Michał Bernard {Pietrzak} and Adam Przemyslaw {Balcerzak} and Marek {Zinecker} and Karel {Doubravský} and Mirko {Dohnal}",
  title="Rumours Related to Political Instability and their Impact on IPOs. The Use of Qualitative Modelling with Incomplete Knowledge.",
  journal="Polish Journal of Management Studies",
  year="2017",
  volume="16",
  number="2",
  pages="171--187",
  doi="10.17512/pjms.2017.16.2.15",
  issn="2081-7452",
  url="
      https://pjms.zim.pcz.pl/resources/html/article/details?id=158396
"
}